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Fully Renovated Office/Medical 334 E Hatcher Rd 3,306 SF Office Building Phoenix, AZ 85020 $849,000 ($256.81/SF) 7.66% Cap Rate
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$72,000
|
$21.78
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$72,000
|
$21.78
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $72,000 |
| Annual Per SF | $21.78 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $72,000 |
| Annual Per SF | $21.78 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
AMENITIES
- Fenced Lot
- Security System
- Signage
- Storage Space
- Air Conditioning
- Smoke Detector
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Fully remodeled in 2024, this commercial space sits in the Hatcher Overlay District, which allows for office, retail, restaurant, and multifamily to be developed within the corridor. Currently, this building is owner occupied as office space for admin, but previous occupants have been medical due to the proximity to John Lincoln Hospital. The renovations included a new 600 amp 3 phase electric panel, exterior paint, signage, vinyl flooring, interior/exterior lighting, interior paint, Euro style frameless cabinetry, and quartz counters. New plumbing and electrical were installed throughout as well. The floor plan includes 7 private offices, a kitchen, large conference room, and a bank vault in the back.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 3,306 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 3,306 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 3,306 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Fully remodeled in 2024, this commercial space sits in the Hatcher Overlay District, which allows for office, retail, restaurant, and multifamily to be developed within the corridor. Currently, this building is owner occupied as office space for admin, but previous occupants have been medical due to the proximity to John Lincoln Hospital. The renovations included a new 600 amp 3 phase electric panel, exterior paint, signage, vinyl flooring, interior/exterior lighting, interior paint, Euro style frameless cabinetry, and quartz counters. New plumbing and electrical were installed throughout as well. The floor plan includes 7 private offices, a kitchen, large conference room, and a bank vault in the back.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $2,126 | Total Assessment | $67,803 |
PROPERTY TAXES
Presented by
Fully Renovated Office/Medical | 334 E Hatcher Rd
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