8900 N 22nd Ave - Office FOR SALE


Phoenix, AZ 85021- Metrocenter
$11,275,000 USD
602-692-8290
8900 N 22nd Ave, Phoenix, AZ for Sale
$11,275,000 USD
Office - FOR SALE
1/23
null | Request Cap Rate

8900 N 22nd Ave
Phoenix, AZ 85021
Metrocenter


OVERVIEW

The Asset is a +/- 125,172 SF, three story garden style office building renovated in 2022 with a central atrium providing significant natural light and a three-level parking structure. This Asset is an exceptional vacant value-add investment or owner user opportunity with high quality infrastructure and much of the space in shell condition, providing a blank slate for future users or tenants. Existing ownership completed renovations in 2022 to the first floor building common areas with modern finishes and LED lighting in the lobby, conference room, and bathrooms, in addition to revitalizing the courtyard area. Future ownership is provided a tremendous opportunity to reposition this Asset given its shell condition and adaptability for tenants of all sizes, with the ability to accommodate tenants ranging from 1,000 SF to full floor plate occupants.

FOR SALE DETAILS

PRICE

$11,275,000 USD

PRICE/SF

$90 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Phoenix West Bus Ctr I

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

500

LAND DETAILS

LAND ACRES

3.38 AC

LAND SF

147,233 SF

ZONING

I-P, Phoenix

APN/PARCEL ID

158-05-030

ASK ABOUT THIS PROPERTY

Todd NoelColliersMore Info
602-692-8290

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

Todd NoelColliersMore Info
602-692-8290

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