Office Property for Sale
Listing was updated at: 06/03/2019
Property Overview
Price/Rent PSF $ 599,000.00
Asset Type Office
Trade Type Sale & Lease
SQ. FT. Available 7,922
Date Available 08/23/2018
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Description

Location
The subject property has excellent frontage along 35th Ave in the north central Phoenix sub market. It is located within minutes for the I-17 freeway. The property is within walking distance of nearby Grand Canyon University, which has nearly 15,000 on campus students. Bethany Towne Center, which has a Walmart Supercenter anchor, is directly south of the subject property. The expected population growth within this particular market is expected to increase by nearly 10% in the next five years.

Sale
The subject property consists of a multi tenant office building totaling 7,922 square feet situated on a 0.73 acre lot. The property offers excellent visibility to 35th Ave being located on the northeast hard corner. Currently the property has a handful of office tenants along with a vacant ±3,500 square foot separate building located at the front of the property suitable for a larger owner/user. The property is very well maintained and includes a favorable 5:1,000 SF parking ratio with 30 surface and 10 covered parking spaces.

Lease
The subject property consists of a multi tenant office building totaling 8,037 square feet situated on a 0.73 acre lot. The property offers excellent visibility to 35th Ave being located on the northeast hard corner. Currently the property has a handful of office tenants along with a vacant ±3,000 square foot separate building located at the front of the property suitable for a larger owner/user. The property is very well maintained and includes a favorable 5:1,000 SF parking ratio with 30 surface and 10 covered parking spaces.

Location