11024 N 28TH Drive, Phoenix, AZ 85029
$11,500,000
Property Type:
Comm/Industry Sale
Square Footage:
102,000
Lot Size (sq. ft.):
298,822
Status:
Closed
Current Price:
$11,500,000
List Date:
1/03/2022
Last Modified:
2/23/2022
Description
Lake Biltmore Corporate Center: 11022 & 11024 N 28th Dr
Sale Price: $12,500,000
Price Per Foot: $122.55 PSF
Lot Size: 6.86 Acres
Building Size: 102,000 SF
Occupancy: Approx. 72%
Parking Ratio: 4.17 per 1,000 SF
Building: Recent Upgrades
More Information MLS# 5945841
Contract Info
Current Price: $11,500,000
Sold Price: $11,500,000
Status: Closed
List Date: 2019-06-28
Ownership: Other (See Remarks)
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: M33
House Number: 11024
Compass: N
Street Name: 28TH
St Suffix: Drive
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85029
Zip4: 4336
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 1 28TH DRIVE COMMERCIAL OFFICE COMPLEX LOT 1 MCR 026715
Subdivision: 28TH DRIVE COMMERCIAL OFFICE COMPLEX LOT 1
Assessor's Map #: 63
Assessor's Parcel #: 567
Add'l Parcels: No
Assessor Number: 149-63-567
Census Tract: 104302
Legal: LOT 1 28TH DRIVE COMMERCIAL OFFICE COMPLEX LOT 1 MCR 026715
Tax Municipality: Phoenix
Taxes: 247414
Tax Year: 2018
General Property Description
Ttl Apx SqFt Bldg: 102000
# of Buildings: 2
Year Built: 1984
Uncvrd Parking Spcs: 200
Zoning: C-O
Remarks & Misc
Cross Street: N 28th Dr & W Mercer Ln
Geo Lat: 33.586815
Geo Lon: -112.122625
Status Change Info
Status Change Date: 2022-02-23
Off Market Date: 2022-02-23
Under Contract Date: 2022-02-23
Close of Escrow Date: 2022-02-23
Sold Price: $11,500,000
Legal Info
Township: 3N
Range: 2E
Section: 23
Lot Number: 1
Income & Expenses
Owner Association: No
Operating Exp: 247414
Pmt & Rate Info
Equity: 12500000
Sold Info
Loan Type: Other
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
Property Features
Building Type: Office
Current Use: Medical/Dental; Office
Stories: 2 Stories
Construction: Other (See Remarks)
Roofing: Other (See Remarks)
Floors: Other
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Other; See Remarks
Cooling: Other; See Remarks
Loading Facilities: Other (See Remarks)
Interior: Other (See Remarks)
Fencing: Other; See Remarks
Parking: Paved Parking
Electric: Other (See Remarks)
Gas: Other (See Remarks)
Water: Other; See Remarks
Sewer: Other (See Remarks)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Source of Fincl Data: Other (See Remarks)
Reports/Disclosures: Other (See Remarks)
Environmental: Other (See Remarks)
Listing Office: The Menlo Group Commercial Real Estate
Last Updated: February - 23 - 2022
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