2402 S Central Avenue Active Save Request In-Person Tour Request Virtual Tour
Phoenix,AZ 85004
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Alkire Tract Lots 8-17
MLS Listing ID 6786672
Year Built 1983
Annual Tax Amount $174,919
Tax Year 2024
Lot Size 1.320 Acres
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