Property Type:
Comm/Industry Sale
Square Footage:
12,085
Lot Size (sq. ft.):
12,085
Status:
Closed
Current Price:
$4,595,923
List Date:
3/10/2023
Last Modified:
6/17/2023
Description
100% LEASED INVESTMENT OPPORTUNITY | MULTI-TENANT OFFICE CONDOS (SUITES 107, 109 & 111) FOR SALE. - 6.50% CAP RATE - SINGLE STORY OFFICE BUILDING OVERLOOKING SILVERADO GOLF COURSE WITH CAMELBACK MOUNTAIN VIEWS. PRIME MCCORMICK RANCH LOCATION. HIGH-END BUILDOUTS WITH SUBSTANTIAL GLASS LINE AND OPEN SPACE. ALL LEASES ARE 5 to 7 YEARS AND INCLUDE 3% ANNUAL INCREASES - LANDLORD BILLS ON A MONTHLY BASIS FOR: TAXES, INSURANCE AND ASSOCIATION DUES. (SEE FLYER) TWO TENANTS: JPM MANAGEMENT GROUP LLC. & UNITED ENERGY PARTNERS.
Supplements: All information furnished is from sources deemed reliable. No representation is made as to the accuracy thereof and it is submitted subject to errors, omissions, changes, or withdrawal without notice and to any special listings conditions, including the rate and manner of payment of commissions for particular offerings imposed by principals oragreed to by the company, the terms of which are available to interested principals or brokers. All dimensions are approximate. Owner and/or Broker make no representations expressed or implied as to the accuracy of floor plan/site plan dimensions.
Listing Office: Cutler Commercial
Last Updated: June - 17 - 2023
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