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1112 W Adams St 2,500 SF Flex Building Phoenix, AZ 85007 $799,000 ($319.60/SF) 6.50% Cap Rate

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Investment Highlights

Fully secured site. 100% a/c flex property

Executive Summary

Fully Lease Investment property
Centrally located renovated office/warehouse property. Fully air conditioned building with 8.5 tons of new equipment. New insulated walls and roof. New paint.

Property Facts

Price	$799,000	Lot Size	0.14 AC
Price Per SF	$319.60	Rentable Building Area	2,500 SF
Sale Type	Investment	No. Stories	1
Cap Rate	6.50%	Year Built	1958
Property Type	Flex	Tenancy	Single
Property Subtype	Light Distribution Industrial Distribution Industrial Warehouse FlexLight Distribution	Clear Ceiling Height	12’
Building Class	B	No. Drive In / Grade-Level Doors	2
Zoning	C-3 - Commercial The most wide range of uses for a zoning class

Price	$799,000
Price Per SF	$319.60
Sale Type	Investment
Cap Rate	6.50%
Property Type	Flex
Property Subtype	Light Distribution Industrial Distribution Industrial Warehouse FlexLight Distribution
Building Class	B
Lot Size	0.14 AC
Rentable Building Area	2,500 SF
No. Stories	1
Year Built	1958
Tenancy	Single
Clear Ceiling Height	12’
No. Drive In / Grade-Level Doors	2
Zoning	C-3 - Commercial The most wide range of uses for a zoning class

Air Conditioning

Major Tenants

Prim-Tech Solution
-
100 SF
$1.80
Modified Gross
Dec 2027

Tenant	Industry	SF Occupied	Rent/SF	Lease Type		Lease End
Prim-Tech Solution	-	100 SF	$1.80	Modified Gross		Dec 2027

1 1

Moderately walkable

60/100

Very drivable

80/100

Good public transit

60/100

Moderately bikeable

70/100

Source: Local Logic^®

Property Taxes

Parcel Number	112-03-023	Improvements Assessment	$0
Land Assessment	$0	Total Assessment	$12,406

Property Taxes

Parcel Number

112-03-023

Land Assessment

Improvements Assessment

Total Assessment

$12,406

(602) 469-3799

Contact

John Creedon
Corridor Commercial

Listing ID: 29625917
Date on Market: 9/26/2023
Last Updated:
Address: 1112 W Adams St, Phoenix, AZ 85007

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1112 W Adams St, Phoenix, AZ for sale Building Photo- Image 1 of 7 — Primary Photo

1112 W Adams St, Phoenix, AZ for sale Building Photo- Image 2 of 7 — Warehouse exterior

1112 W Adams St, Phoenix, AZ for sale Building Photo- Image 3 of 7 — warehouse interior 2

1112 W Adams St, Phoenix, AZ for sale Interior Photo- Image 4 of 7 — warehouse interior

1112 W Adams St, Phoenix, AZ for sale Building Photo- Image 5 of 7 — warehouse roll up doors 2

1112 W Adams St, Phoenix, AZ for sale Building Photo- Image 6 of 7 — warehouse roll up doors

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Contact the Sale Advisor

1112 W Adams St

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