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5062 N 19th Ave
Phoenix, AZ 85015
Camel 19 Office Park · Office Property For Sale
Investment Highlights
- 66% occupied medical office — immediate upside through leasing ±4,260 SF of vacant space
- Mark-to-market leasing opportunity with meaningful NOI growth potential
- 206,000+ residents within 3 miles; access to I-17 and Valley Metro Light Rail
- Offered at $147/SF — below replacement cost in an infill Phoenix location
- ±12,560 SF multi-tenant building accommodating a variety of office users
- Owner-user opportunity with ~34% vacancy and income from existing tenants
Executive Summary
David Harrington
License # BR715518000, CO701910000 (AZ)
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
(866) 889-0550
License # BR715518000, CO701910000 (AZ)
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
12,550 SF
Building Class
C
Year Built
1975
Price
$1,850,000
Price Per SF
$147.41
Percent Leased
66%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
12,550 SF
Building FAR
0.41
Lot Size
0.70 AC
Opportunity Zone
Yes
Zoning
C-2
Parking
30 Spaces (2.39 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Commuter Rail
- Property Manager on Site
- Signage
Property Taxes
| Parcel Number | 153-24-087D | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $122,281 |
Property Taxes
Parcel Number
153-24-087D
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$122,281
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