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2402 S Central Avenue, Phoenix, AZ 85004

$4,100,000
Property Type: Comm/Industry Sale Square Footage: 21,598 Lot Size (sq. ft.): 57,499 Status: Active
Current Price: $4,100,000 List Date: 11/21/2024 Last Modified: 11/22/2024

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

More Information MLS# 6786672

Contract Info

Current Price: $4,100,000 List Price: $4,100,000 Status: Active List Date: 2024-11-21 Ownership: Fee Simple

Location Tax Legal

House Number: 2402 Compass: S Street Name: Central St Suffix: Avenue City/Town Code: Phoenix State/Province: AZ Zip Code: 85004 Zip4: 1100 Country: USA County Code: Maricopa Subdivision: ALKIRE TRACT LOTS 8-17 Assessor Number: 112-46-009 Tax Year: 2024

General Property Description

Type of Property: INDUSTRIAL Ttl Apx SqFt Bldg: 21598 # of Buildings: 1 Year Built: 1983 Zoning: C-3

Remarks Misc

Geo Lat: 33.425271 Geo Lon: -112.074843

Status Change Info

Status Change Date: 2024-11-21

Legal Info

Township: 1S Range: 5E Section: 17 Lot Number: 14

Showing Notification Methods

Showing Service: No Showing Service Used

Property Features

Building Type: Industrial; Office Current Use: Other Stories: 1 Story Construction: Other (See Remarks) Roofing: Other (See Remarks) Floors: Other Ceiling Height: 14.1 Feet to 16 Feet Heating: Other Cooling: Other Loading Facilities: Other (See Remarks) Interior: Other (See Remarks) Exterior: Storage Yard Fencing: Other Amenities: Other (See Remarks) Parking: Other (See Remarks) Electric: Other (See Remarks) Gas: Other (See Remarks) Water: Other Sewer: Other (See Remarks) Railroad: Other (See Remarks) New Financing: Other (See Remarks) Lockbox Type: Other Source of Fincl Data: Other (See Remarks) Existing 1st Loan: Other (See Rmks) Existing 3rd Loan: Other (See Remarks) Traffic Count: Other (See Remarks) Environmental: Other (See Remarks)
Listing Office: Cutler Commercial
Last Updated: November - 22 - 2024
2402 S Central Avenue, Phoenix, AZ 85004- MLS# 6786672
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