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16611 S 40th St
Phoenix, AZ 85048

Office Property For Sale

Investment Highlights

  • Eight (8) Tenants on NNN Leases & 1 Tenant on Modified Gross Lease.
  • Lease Term Weighted Average 7.5 Years (8- Tenants)
  • Annual Rental Increases
  • Well Balanced Lease Rollover
  • Eight (8) of the Tenants have occupied since 2006
  • Leases contain Personal Guarantees

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
38,856 SF
Building Class
B
Year Built
2006
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
38,856 SF
Building FAR
0.17
Lot Size
5.32 AC
Zoning
C-2 PCD
Parking
248 Spaces (6.38 Spaces per 1,000 SF Leased)

Amenities

  • Courtyard

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
301-69-030M
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,172,804
  • Listing ID: 20122663

  • Date on Market: 7/1/2020

  • Last Updated:

  • Address: 16611 S 40th St, Phoenix, AZ 85048

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