4520 N CENTRAL Avenue, Phoenix, AZ 85012
$9,500,000
Property Type:
Comm/Industry Sale
Square Footage:
88,800
Lot Size (sq. ft.):
108,900
Status:
Closed
Current Price:
$9,500,000
List Date:
5/25/2022
Last Modified:
5/23/2023
Description
Outstanding opportunity to acquire the fee simple interest in 4520 N. Central (the ''Property'') located in the heart of the Central Avenue Corridor. Built in 1975, the property consists of 88,800 square feet and a structured parking garage on a +/- 90,000 SF site. The property currently has flexible lease structures for an owner user or providing an investor an attractive blend for upside. The offering is being made at $10,000,000 and on an ''as-is, where-is'' basis.
More Information MLS# 6405362
Contract Info
Current Price: $9,500,000
Sold Price: $9,500,000
Status: Closed
List Date: 2022-05-24
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: P34
House Number: 4520
Compass: N
Street Name: CENTRAL
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85012
Zip4: 1831
Country: USA
County Code: Maricopa
Legal Description (Abbrev): E 520F OF S2 S2 SE4 NW4 SEC 20 EX S 177.5F & EX E 60F RD & EX TH PT DAF COM INT CENTRAL AVE & CAMPBE
Assessor's Map #: 29
Assessor's Parcel #: 127
Assessor Parcel Ltr: B
Add'l Parcels: Yes
Assessor Number: 155-29-127-B
Census Tract: 117100
Legal: E 520F OF S2 S2 SE4 NW4 SEC 20 EX S 177.5F & EX E 60F RD & EX TH PT DAF COM INT CENTRAL AVE & CAMPBE
Tax Municipality: Phoenix
Tax Year: 2021
General Property Description
Ttl Apx SqFt Bldg: 88800
# of Buildings: 1
Year Built: 1975
Uncvrd Parking Spcs: 93
Zoning: C-2, Phoenix
Remarks & Misc
Cross Street: W Campbell Ave and N Central Ave
Directions: Central Ave & Camelback Directions: South to property on West side of street, 2nd building past canal and directly across from Central High School
Geo Lat: 33.502739
Geo Lon: -112.07473
Status Change Info
Status Change Date: 2023-05-23
Off Market Date: 2022-12-01
Under Contract Date: 2022-11-29
Close of Escrow Date: 2023-05-19
Sold Price: $9,500,000
Legal Info
Township: 2N
Range: 3E
Section: 20
Lot Number: B
Income & Expenses
Owner Association: No
Pmt & Rate Info
Equity: 10000000
Sold Info
Loan Type: Other
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Office
Current Use: Office; Other; See Remarks
Stories: Other (See Remarks)
Construction: Other (See Remarks)
Roofing: Other (See Remarks)
Floors: Other
Ceiling Height: 8.1 Feet to 10 Feet
Cooling: Central A/C
Loading Facilities: Other (See Remarks)
Interior: Other (See Remarks)
Fencing: None
Parking: Parking Structure; Paved Parking
Electric: APS
Gas: SW Gas
Water: City Franchise
Sewer: Sewer - Public
Freeway/Highway: 2.1 - 5 Miles
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Source of Fincl Data: Other (See Remarks)
Roads/Streets: Asphalt
Reports/Disclosures: Other (See Remarks)
Environmental: Other (See Remarks)
Listing Office: R.O.I. Properties
Last Updated: May - 23 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.