Arizona Advanced Dermatology 740 E Highland Ave 18,678 SF 78% Leased Office Building Phoenix, AZ 85014 $3,600,000 ($192.74/SF) 6.67% Cap Rate
EXECUTIVE SUMMARY
Income producing medical office opportunity
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Office
Property Subtype
Medical
Building Size
18,678 SF
Building Class
C
Year Built
1981
Price
$3,600,000
Price Per SF
$192.74
Cap Rate
6.67%
NOI
$240,181
Percent Leased
78%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,339 SF
Slab To Slab
10’
Building FAR
0.57
Lot Size
0.75 AC
Zoning
C-2, Phoenix - commerical
Parking
40 Spaces (2.14 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Vacant Suite
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 201 | 2,460 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 201
| Size |
| 2,460 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 1
Walk Score®
Very Walkable (74)
Bike Score®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Number | 155-21-050 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $163,098 |
