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15601 N 28th Ave 39,950 SF Office Building Phoenix, AZ 85053 $12,500,000 ($312.89/SF)

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INVESTMENT HIGHLIGHTS

  • Existing Building with Excess Land, Highway Exposure and Commerce Park (General Commerce Park Option) Zoning
  • General Plan Calls for Industrial Land Use, Zoning Provides for High Lot Coverage
  • Close Proximity to Deer Valley Industrial Submarket, TSMC, and has easy access to I-17

EXECUTIVE SUMMARY

The opportunity for sale consists of a 40,066 SF building situated on 3.85 AC (General Commerce Park) parcel. The property has excellent freeway access and visibility. The coverage ratio is currently roughly 16.24% with a General Commerce Park option providing for up to 50% lot coverage (buyer to verify). The improvements are configured for medical office, however may be retro-fitted towards office, research & development, and potentially climate controlled advanced manufacturing. Low lot coverage, commerce park zoning, and excess land presents an opportunity for redevelopers and end users.

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Medical
Building Size
39,950 SF
Building Class
B
Year Built
1996
Price
$12,500,000
Price Per SF
$312.89
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
19,975 SF
Building FAR
0.24
Lot Size
3.86 AC
Zoning
I-P - Industrial
Parking
328 Spaces (7.2 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Monument Signage
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste Shell Space
  • 1,784 SF
  • Office
  • Shell Space
  • Now
  • 2nd Fl-Ste PT
  • 13,558 SF
  • Office
  • Full Build-Out
  • Now
Space Size Space Use Condition Available
1st Fl-Ste Shell Space 1,784 SF Office Shell Space Now
2nd Fl-Ste PT 13,558 SF Office Full Build-Out Now

1st Fl-Ste Shell Space

Size
1,784 SF
Space Use
Office
Condition
Shell Space
Available
Now

2nd Fl-Ste PT

Size
13,558 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste Shell Space

Size 1,784 SF
Space Use Office
Condition Shell Space
Available Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
207-42-257
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$827,375 (2025)
  • Listing ID: 31902950

  • Date on Market: 5/23/2024

  • Last Updated:

  • Address: 15601 N 28th Ave, Phoenix, AZ 85053

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