This website uses "cookies" to ensure you get the best experience on our website. Using this website means you're OK with it.
Note
Owner/User Opportunity
Listing was updated at: 10/15/2018
Property Overview
Price/Rent PSF $ 5,375,000.00
Asset Type Office
Trade Type Sale
SQ. FT. Available 40,960
Date Available 10/15/2018
Additional URL Link
Parking 164
Floors 2
Additional parameters Show
Search Demographic Data Explore financing options
Description

Location
The subject property is extremely well located at the SEC of McDowell Rd. and the 143 Expressway. McDowell Rd. and 44th St. exits off of the I-10 Fwy. creates for direct access to the property. This central valley location provides convenient drive times from all parts of the Valley and is particularly accessible from the following area amenities:
- Arizona State University
- Hayden Ferry Lakeside
- Mill Ave.
- Skysong
- Oldtown Scottsdale
- Arcadia/Biltmore Areas
- Downtown/Midtown Phoenix
- Sky Harbor International Airport

Sale
The subject property consists of a ±40,960 SF two story office building on ±4.02 AC lot in the heart of Metro Phoenix. While the building is currently occupied by Aztec Engineering Group, Inc. the building is most ideal for a future owner occupant upon current tenant vacating. The existing tenant currently pays an annual rent of $411,612 under a NNN lease with plans to vacate upon lease expiration in September 2020. Under certain circumstances, Tenant may consider structuring early termination to allow for an owner to get access to the building at an earlier date.

The property currently includes a total of 164 parking spaces (4.10/1,000 SF ratio). The western edge of the property consists of a ±40,205 SF area that could potentially allow for additional parking or some other required use if required. The property has undergone recent capital improvements which include extensive upgrades of the HVAC system.

Location

Are you sure you want to delete your account

Are you sure you want to delete your account

Are you sure you want to delete your listing

We recommend you archive listings rather than delete them, for future reference.

Can we add this to our comparable database?

Are you sure you want to delete your listing

Can we add this to our comparable database?

Are you sure you want to archive your listing

Can we add this to our comparable database?

Are you sure you want to delete your account

Beta version

You may experience some issues today as we are in the process of bringing you a brand new, improved QuantumListing. If you are an existing QuantumListing member, you will have to reset your password the first time you log in to the new site. Images for some listings are not showing but will be soon.We are sorry for the inconvenience and appreciate your patience.

If you would like to bring our attention to a particular issue or issues, please click here

You are not registered or logged in.

You must be registered or signed in for this action.