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14819 N Cave Creek Rd
Phoenix, AZ 85032
Paradise Plaza · Office Property For Sale
EXECUTIVE SUMMARY
This is a great opportunity for commercial acquisition of a C2 property at nearly consistent 100% occupancy, consistently! Building boasts 26 suites, private mailboxes that can be rented, and a boardroom that is for tenants and leased by outside parties for additional income! 8+ Cap Rate!
Upgraded/updated recently with many efficiency features installed, such as LED lighting in many spaces, new windows, etc.
This is a 7,461sf property on a 20,000+ lot!
Many recent upgrades: bathrooms, main hallway, exterior: magnetic gate entry, tile around entry and courtyard planters, faux grass front and putting green in courtyard, new smooth synthetic stucco and modern white and grey accents colors!
Upgraded/updated recently with many efficiency features installed, such as LED lighting in many spaces, new windows, etc.
This is a 7,461sf property on a 20,000+ lot!
Many recent upgrades: bathrooms, main hallway, exterior: magnetic gate entry, tile around entry and courtyard planters, faux grass front and putting green in courtyard, new smooth synthetic stucco and modern white and grey accents colors!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,440 SF
Building Class
B
Year Built/Renovated
1972/2013
Price
$1,875,950
Price Per SF
$252.14
Cap Rate
8%
NOI
$150,000
Percent Leased
83%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,440 SF
Building FAR
0.37
Lot Size
0.46 AC
Zoning
C-2, Phoenix - C2
Parking
26 Spaces (3.49 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Conferencing Facility
- Courtyard
- Pond
- Security System
- Signage
- Storage Space
- Wi-Fi
- Air Conditioning
ABOUT 14819 N CAVE CREEK RD , PHOENIX, AZ 85032
This is a great opportunity for commercial acquisition of a C2 property at nearly consistent 100% occupancy, consistently! Building boasts 26 suites, private mailboxes that can be rented, and a boardroom that is for tenants and leased by outside parties for additional income! 9 Cap Rate! Upgraded/updated recently with many efficiency features installed, such as LED lighting in many spaces, new windows, etc. This is a 7,461sf property on a 20,000+ lot!
PROPERTY TAXES
| Parcel Number | 214-66-018B | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $66,607 |
PROPERTY TAXES
Parcel Number
214-66-018B
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$66,607
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