16611 S 40th St | Phoenix, AZ 85048
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- LoopNet Team
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
| Parcel Number | 301-69-030M | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,172,804 |
PROPERTY TAXES
Parcel Number
301-69-030M
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,172,804
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