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32nd Street Properties 2 Office Properties Offered at $2,400,000 in Phoenix, AZ

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EXECUTIVE SUMMARY

Zoned R-5. LEGACY LOCATION !!!! Owner occupied plus 8 other occupants... Owner will vacate if required or lease back... Owner can guarantee rents... OWC to qualified buyer.... Tour TODAY by appointment only. Call David @ 602-571-0088. Seller Financing available subject to qualifications. Owner also considers ground lease.

TAXES & OPERATING EXPENSES (ACTUAL - 2023)

ANNUAL
Gross Rental Income $160,620
Other Income -
Vacancy Loss -
Effective Gross Income $160,620
Taxes -
Operating Expenses -
Total Expenses $54,672
Net Operating Income $105,948

TAXES & OPERATING EXPENSES (ACTUAL - 2023)

Gross Rental Income
Annual $160,620
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $160,620
Taxes
Annual -
Operating Expenses
Annual -
Total Expenses
Annual $54,672
Net Operating Income
Annual $105,948

PROPERTY FACTS

Price $2,400,000
Price / SF $426.74 / SF
Sale Conditions
1031 Exchange
  • Sale Leaseback
  • Ground Lease (Leased Fee)
  • Lease Option
  • Redevelopment Project
Cap Rate 4.37%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 5,624 SF
Total Land Area 0.55 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
3835 N 32nd St, Phoenix, AZ 85018 Office 3,330 SF 1969 -
3827 N 32nd St, Phoenix, AZ 85018 Office 2,294 SF 2000 -
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  • Listing ID: 21833598

  • Date on Market: 12/24/2020

  • Last Updated:

  • Address: 32nd Street Properties, Phoenix, AZ

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