32nd Street Properties

2 Office Properties Offered at $2,390,000 in Phoenix, AZ

Executive Summary

Zoned R-5. LEGACY LOCATION !!!! Owner occupied plus 8 other occupants... Owner will vacate if required or lease back... Owner can guarantee rents... OWC to qualified buyer.... Tour TODAY by appointment only. Call David @ 602-571-0088. Seller Financing available subject to qualifications. Owner also considers ground lease.

Taxes & Operating Expenses (Actual - 2023)

Annual
Gross Rental Income $143,340
Other Income -
Vacancy Loss -
Effective Gross Income $143,340
Taxes $11,116
Operating Expenses $31,886
Total Expenses $43,002
Net Operating Income $100,338

Property Facts

Price $2,390,000
Price / SF $424.96 / SF
Sale Conditions
1031 Exchange
  • Sale Leaseback
  • Ground Lease (Leased Fee)
  • Lease Option
  • Redevelopment Project
Cap Rate 4.14%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 5,624 SF
Total Land Area 0.55 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
3835 N 32nd St, Phoenix, AZ 85018 Office 3,330 SF 1969 -
3827 N 32nd St, Phoenix, AZ 85018 Office 2,294 SF 2000 -
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  • Listing ID: 21833598

  • Date on Market: 12/24/2020

  • Last Updated:

  • Address: 32nd Street Properties, Phoenix, AZ