Log In/Sign Up
Your email has been sent.
3806 N 3rd St and 222 E Clarendon Ave 2 Properties Offered at $2,975,000 in Phoenix, AZ
Investment Highlights
- Billboard included with purchase.
- 100% leased multi-tenant investment.
- Situated in the heart of Midtown Phoenix.
Executive Summary
Available for Sale is 3806 N 3rd Street and 222 E Clarendon Avenue, Phoenix, Arizona comprised of a medical/office building approximately 7,068 square feet, a warehouse building approximately 5,328 square feet in size on two parcels of land totaling approximately 28,524 square feet, along with a billboard. The property is well-located in the heart of Midtown Phoenix. This is an opportunity to own a rare office/warehouse property in Midtown Phoenix. The property is currently 100% leased to four tenants.
The property consists of two separate buildings on two separate parcels of land. The front building is a medical/office building that is leased to three tenants - a dentist, an acupuncturist, and a counseling office. The back building is leased to one warehouse tenant. All of the leases are short-term, with options to renew at market. The buildings sit on two parcels of land that are zoned C-2 and P-1, City of Phoenix. There is also a billboard on the property that is leased.
The property consists of two separate buildings on two separate parcels of land. The front building is a medical/office building that is leased to three tenants - a dentist, an acupuncturist, and a counseling office. The back building is leased to one warehouse tenant. All of the leases are short-term, with options to renew at market. The buildings sit on two parcels of land that are zoned C-2 and P-1, City of Phoenix. There is also a billboard on the property that is leased.
Property Facts
| Price | $2,975,000 | Number of Properties | 2 |
| Price / SF | $233.74 / SF | Individually For Sale | 0 |
| Cap Rate | 4.56% | Total Building Size | 12,728 SF |
| Sale Type | Investment | Total Land Area | 0.67 AC |
| Status | Active |
| Price | $2,975,000 |
| Price / SF | $233.74 / SF |
| Cap Rate | 4.56% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 12,728 SF |
| Total Land Area | 0.67 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 222 E Clarendon Ave, Phoenix, AZ 85012 | Industrial | 5,680 SF | 1970 | - |
| 3806 N 3rd St, Phoenix, AZ 85012 | Office | 7,048 SF | 1954 | - |
1 1
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
3806 N 3rd St and 222 E Clarendon Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.