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3033 N Central Ave - Phoenix Professional Towers 908 - 1,570 SF Office Condo Units Offered at $270,000 - $350,000 Per Unit in Phoenix, AZ 85012
Investment Highlights
- HOA fees include all utilities and building maintenance
Executive Summary
Phoenix Professional Tower in Midtown Phoenix is in prime location in the heart of Phoenix, Excellent professional building for many types of businesses or professional services. Building offers close proximity to major highways, restaurants, city entertainment and much more. HOA fees include all utilities and building maintenance.
2 Units Available
Unit 420
| Unit Size | 908 SF | Condo Use | Office |
| Price | $270,000 | Sale Type | Owner User |
| Price Per SF | $297.36 | No. Parking Spaces | 3 |
| Unit Size | 908 SF |
| Price | $270,000 |
| Price Per SF | $297.36 |
| Condo Use | Office |
| Sale Type | Owner User |
| No. Parking Spaces | 3 |
Description
Phoenix Towers is a premier Midtown Phoenix high-rise offering an iconic, highly visible address on Central Ave. This unit is Ideal for corporate headquarters, professional services, or creative offices.. The building is Conveniently located minutes from downtown, I-10/I-17, top dining and cultural destinations. Ample tenant/visitor parking, controlled access and building services. Unit 420 is currently an owner user space. The owner can vacate at COE. Seller open to seller finance with 20% down. HOA maintains the building a common areas. The building has had the roofs replaced and is in the process of being painted. The HOA has a healthy reserve fund. Current Dues pay for all utilities, parking, building maintenance/upkeep, and contributions to reserve.
Sale Notes
Seller will entertain seller financing. HOA Dues are $976 monthly. HOA covers all utilities.
Breakdown of HOA dues:
Condo Assoc Fees: $281 Gen Assoc Fees / Parking Fees $287 / Utilities $145 / Reserve Assessment $263 (building improvements/maintenance)
Parking spaces Included per fee: 1 reserved, 3 unreserved, 240 half-hour equivalent validation credits for visitors.
+19 More
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Unit 435
| Unit Size | 1,570 SF | Cap Rate | 5.08% |
| Price | $350,000 | NOI | $17,780 |
| Price Per SF | $222.93 | No. Parking Spaces | 3 |
| Condo Use | Office | Sale Conditions | Lease Option |
| Sale Type | Investment | APN/Parcel ID | 118-35-152 |
| Unit Size | 1,570 SF |
| Price | $350,000 |
| Price Per SF | $222.93 |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 5.08% |
| NOI | $17,780 |
| No. Parking Spaces | 3 |
| Sale Conditions | Lease Option |
| APN/Parcel ID | 118-35-152 |
Description
Stunning views of Phoenix from the 4th floor Phoenix Professional Tower. Floor to ceiling windows. High ceilings, very open office space. Full Kitchen in the suite. Current tenant rents the entire floor. Solid tenant with 2 plus years left on his lease. Centrally located this could also be a great owner user in the future. Call agent directly for more information.
Michael Youwanes 602-703-3421
Sale Notes
Seller will finance with 20% down @ 7%, 5 year balloon. Tenant is solid. Currently renting the entire floor and has over 2 years remaining with annual increases. Call agent directly for any information. Michael Youwanes 602-703-3421
0015-Central 435 (15)
0013-Central 435 (13)
0012-Central 435 (12)
0011-Central 435 (11)
Property Facts
| Total Building Size | 134,164 SF | Typical Floor Size | 14,907 SF |
| Property Type | Office | Year Built | 1960 |
| Building Class | B | Lot Size | 2.68 AC |
| Floors | 9 | Parking Ratio | 5/1,000 SF |
| Zoning | C-2, Phoenix - Commercial Phoenix | ||
| Total Building Size | 134,164 SF |
| Property Type | Office |
| Building Class | B |
| Floors | 9 |
| Typical Floor Size | 14,907 SF |
| Year Built | 1960 |
| Lot Size | 2.68 AC |
| Parking Ratio | 5/1,000 SF |
| Zoning | C-2, Phoenix - Commercial Phoenix |
Amenities
- 24 Hour Access
- Property Manager on Site
Major Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Valkyrie Systems Corporation |
-
|
Jan 0000
|
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3033 N Central Ave - Phoenix Professional Towers
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