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:
2/02/2025
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
Ownership: Other (See Remarks)
Current Price: $11,500,000
Sold Price: $11,500,000
Status: Closed
List Date: 2019-06-28
Location, Tax & Legal
Assessor's Map #: 63
Legal Description (Abbrev): LOT 1 28TH DRIVE COMMERCIAL OFFICE COMPLEX LOT 1 MCR 026715
Assessor's Parcel #: 567
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 104302
Taxes: 247414
Legal: LOT 1 28TH DRIVE COMMERCIAL OFFICE COMPLEX LOT 1 MCR 026715
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
County Code: Maricopa
Subdivision: 28TH DRIVE COMMERCIAL OFFICE COMPLEX LOT 1
Assessor Number: 149-63-567
Tax Year: 2018
General Property Description
Ttl Apx SqFt Bldg: 102000
# of Buildings: 2
Uncvrd Parking Spcs: 200
Year Built: 1984
Zoning: C-O
Legal Info
Range: 2E
Section: 23
Township: 3N
Lot Number: 1
Construction
Other: 1
Roofing
Other: 1
Floors
Other: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 247414
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Office: 1
Business Type
Dental: 1
Medical: 1
Professional/Office: 1
Stories
2 Stories: 1
Pmt & Rate Info
Equity: 12500000
Total Owed: 0
Showing Notification Methods
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Ceiling Height
8.1 Feet to 10 Feet: 1
Heating
Other: 1
See Remarks: 1
Cooling
Other: 1
See Remarks: 1
Loading Facilities
Other (See Remarks): 1
Interior
Other (See Remarks): 1
Source of Fincl Data
Other (See Remarks): 1
Fencing
Other: 1
See Remarks: 1
Water Source
Other: 1
See Remarks: 1
Sewer
Other: 1
Parking Features
Paved: 1
Electric
Other (See Remarks): 1
Gas
Other (See Remarks): 1
New Financing
Other (See Remarks): 1
Reports/Disclosures
Other (See Remarks): 1
Environmental
Other (See Remarks): 1
Sold Info
Loan Type: Other
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: %
Seller Concession to Buyer: 0
Seller Concession $/%: %
Remarks Misc
Cross Street: N 28th Dr & W Mercer Ln
Geo Lat: 33.586815
Geo Lon: -112.122625
Status Change Info
Off Market Date: 2022-02-23
Under Contract Date: 2022-02-23
Close of Escrow Date: 2022-02-23
Sold Price: $11,500,000
Property Features
Building Type: Office
Business Type: Dental; Medical; Professional/Office
Stories: 2 Stories
Construction: Other
Roofing: Other
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 Features: Paved
Electric: Other (See Remarks)
Gas: Other (See Remarks)
Water Source: Other; See Remarks
Sewer: Other
New Financing: Other (See Remarks)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Source of Fincl Data: Other (See Remarks)
Environmental: Other (See Remarks)
Listing Office: The Menlo Group Commercial Real Estate
Last Updated: February - 02 - 2025

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