4450 N 12th St - Loft/Creative Space FOR SALE


Phoenix, AZ 85014- Midtown Phoenix
$4,750,000 USD
480-289-4504
4450 N 12th St, Phoenix, AZ for Sale
$4,750,000 USD
Loft/Creative Space - FOR SALE
1/27
null | Request Cap Rate

4450 N 12th St
Phoenix, AZ 85014
Midtown Phoenix


OVERVIEW

Levrose Commercial Real Estate, as the Exclusive Advisor to the Seller, is proud to bring to market For Sale, The Wosco Building at 4450 N. 12th Street. Located at the corner of 12th Street and Campbell Road in Phoenix, AZ, The Wosco Building was developed in 1985 by the famed architect Al Beadle. Known as the “Steel and Glass Man”, this building represents his unique style with slanted glasslines and loads of natural light and exposed ceilings throughout. This gorgeous building features a semi-subterranean courtyard complete with a beautiful waterfall, modern picnic benches, and mature trees that help create a modern oasis. The Beadle design presents the rare opportunity for an owner user to own such a historic building for their business. With the ability to occupy anywhere from ±7,000 SF to 15,000 SF almost immediately, and grow into the entire building over time, this opportunity is perfect for a corporate campus. With short term flexible leases in place, the Buyer can occupy the desired size that works for their building while collecting rent on the remainder to help pay down any debt. The offering includes an adjacent piece of land which provides the project with an abundant amount of parking, both covered and surface. At 12th Street & Campbell, just south of Camelback Road, the building is in close proximity to numerous amenities and food offerings including Biltmore and Town & Country.

FOR SALE DETAILS

PRICE

$4,750,000 USD

PRICE/SF

$257 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,480 SF

ZONING

R-5

APN/PARCEL ID

155-14-039,155-14-040,155-14-041

ASK ABOUT THIS PROPERTY

Jason ReddingtonLevRose Real EstateMore Info
480-289-4504

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Jason ReddingtonLevRose Real EstateMore Info
480-289-4504

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.