Phoenix, AZ 85004,2402 S Central Avenue
Phoenix, AZ 85004,2402 S Central Avenue
Phoenix, AZ 85004,2402 S Central Avenue
Phoenix, AZ 85004,2402 S Central Avenue
Phoenix, AZ 85004,2402 S Central Avenue
Phoenix, AZ 85004,2402 S Central Avenue
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$ 4,100,000
Est. payment | /mo

1.32 Acres Lot


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$ 4,100,000
Est. payment | /mo
Save

1.32 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Alkire Tract Lots 8-17

MLS Listing ID 6786672

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1983

Annual Tax Amount $174,919

Tax Year 2024

Lot Size 1.320 Acres

Acres 1.32

Property Description

Sale Price: $4,100,000 ($189.83/PSF) | Cap Rate: ±5.95%
NOI: ± $ 244,223
Stabilized Two Tenant Investment with Long Term Leases
Building Size: ±21,598 Sf
Multi-Tenant Property Potentially Divisible to 6-8 Bays
2 Tenants in Place: Tenant 1: ±12,324 Sf Tenant 2: ±9,274 SF
Shared Fenced And Secured Yard
Located Next to the New Light Rail, I-17, Us 60 & I-10
Many Recent Upgrades & Interior/Exterior Improvements
Including: New Asphalt, Paint, Roof Recoating, Tenant Improvements

Location

State AZ

County Maricopa

Community Alkire Tract Lots 8-17

Zoning C-3

Interior

Heating Other

Cooling Other

Flooring Other

Exterior

Parking Features Other (See Remarks)

Fence Other

Roof Type See Remarks

Building

Dwelling Type Industrial,Office

Sewer Other

Water Other

New Construction No

Others

Senior Community No

Tax ID 112-46-009

Arizona Regional MLS (ARMLS)
Listed by Cutler Commercial

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2402 S Central Avenue