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839 E CAMELBACK Road, Phoenix, AZ 85014

$3,950,000
Property Type: Comm/Industry Sale Square Footage: 11,545 Lot Size (sq. ft.): 22,063 Status: Active
Current Price: $3,950,000 List Date: 9/13/2024 Last Modified: 9/17/2024

Description

Prime Investment Opportunity in Phoenix Own this exceptional income-producing property located in the highly sought-after gateway to Camelback Corridor. Featuring a solid gold tenant with a 10-year NNN lease and impressive high net operating income (NOI), this gem offers 4% annual increases and is situated in a high-traffic, high-rent district. Property Highlights: Open Retail Space: Versatile layout for various business. Commercial Kitchen: Fully equipped for food service operations. Ample Storage: Generous storage space to support business operations. Offices Overlooking Operations: Functional offices with a clear view of the retail area. Roll-Up Door: Convenient access for deliveries and logistics. Fenced Rear Lot: Secure and private outdoor space. Turn key 1031 exchange!

More Information MLS# 6756930

Contract Info

Current Price: $3,950,000 List Price: $3,950,000 Status: Active List Date: 2024-09-13 Ownership: Fee Simple

Location Tax Legal

House Number: 839 Compass: E Street Name: CAMELBACK St Suffix: Road City/Town Code: Phoenix State/Province: AZ Zip Code: 85014 Zip4: 3633 Country: USA County Code: Maricopa Subdivision: CHARANN TRACT CONSOLIDATED Assessor Number: 155-21-072 Tax Year: 2023

General Property Description

Type of Property: Commercial Mix Use Ttl Apx SqFt Bldg: 11545 # of Buildings: 1 Lot Size Dimensions: 259.91-84.47-260.55-84.92 Year Built: 1979 Uncvrd Parking Spcs: 14 Zoning: C2 Flood Zone: No

Remarks Misc

Cross Street: N 7th St and E Camelback Rd Directions: Head North on N 7th St. Turn right onto E Camelback Rd. Turn right. Geo Lat: 33.50876 Geo Lon: -112.062066

Status Change Info

Status Change Date: 2024-09-13

Legal Info

Township: 2N Range: 3E Section: 21 Lot Number: 1

Bay Info

# of Bay Doors: 1

Income Expenses

Net Operating Income: 276156

Showing Notification Methods

Showing Service: Aligned Showings

Contact Info

List Agent Home Phn: 623-979-0065

Property Features

Building Type: Commercial Current Use: Mixed Use; Retail Stories: 2 Stories Construction: Block; Stucco Roofing: Built-Up Floors: Concrete; Vinyl; Ceramic Tile Ceiling Height: 10.1 Feet to 12 Feet; 14.1 Feet to 16 Feet Heating: 2 or More Units Cooling: Central A/C; Office A/C Loading Facilities: Grade Level Interior: Fire Sprinklers; Smoke Detector(s); Security System; Security Camera(s); Alarm System; Private Restrooms; Public Restrooms Exterior: Storage Yard; Building Sign; Monument Sign; Security Camera(s) Fencing: Block; Security Amenities: Conference Room; Clean Room; Showroom; Cafeteria; Kitchen; Security Gate Parking: Fenced; Free; Public Parking; Private Parking; Paved Parking Electric: APS Gas: SW Gas; None Water: City Franchise Sewer: Sewer - Public Railroad: Available New Financing: Cash Only; 1031 Exchange; Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: See Private Remarks Source of Fincl Data: Provided by Owner Existing 1st Loan: Treat as Free&Clear Existing 1st Ln Trms: Not Applicable Traffic Count: 50,001 to 75,000 Environmental: None
Listing Office: Century 21 Northwest
Last Updated: September - 17 - 2024
839 E CAMELBACK Road, Phoenix, AZ 85014- MLS# 6756930
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