Property Listing No Longer Available for Sale

1427 N 3rd St, Phoenix, AZ

Office for Sale - 13,984 Sq. Ft. on 29400 acres


Property Info

CIMLS#659775
Location
  1427 N 3rd St
  Phoenix AZ 85004
UpdatedDecember 10th, 2015
TypeOffice
PriceUpon Request
Building13,984 Sq. Ft.
Land29400 acres

Property Description

DOWNTOWN OFFICE BUILDING

Off Corner of 3rd St & McDowell, I-10 Exit

4.0:1,000 SF Parking

This building has Location, Location, Location. Adjacent to I-10 Freeway off ramp, on & off at 3rd St.

Close to Downtown, Sporting & Cultural events. Professional industries such as legal, Medical, & University. New development in surrounding area. ASU PROXIMITY

Great opportunity for users or investor! Entire second floor can be vacated for an owner-user. Expenses are low because of a new chiller system installed a few years ago and low overall maintenance.

When fully occupied building will throw off over $100,000 annually.

Location Description:

South of the SEC of 3rd St & McDowell

Highlights:

>> Entire 2nd floor available for an owner/occupant (5,000 SQFT)

>> Short Term Leases at Below Market Rates (30-40% as is)

>> Energy Efficient Building with Low Operating Expenses & New Chiller

>> Assemblage Opportunity Available - over +/- 1.0 Acre in Central Phoenix

>> Currently Zoned R-5

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** This property also has spaces available for lease.


Financials