839 E CAMELBACK Road, Phoenix, AZ 85014
$3,950,000
Property Type:
Comm/Industry Sale
Square Footage:
11,545
Lot Size (sq. ft.):
22,063
Status:
Active
Current Price:
$3,950,000
List Date:
9/13/2024
Last Modified:
9/17/2024
Description
Prime Investment Opportunity in Phoenix
Own this exceptional income-producing property located in the highly sought-after gateway to Camelback Corridor. Featuring a solid gold tenant with a 10-year NNN lease and impressive high net operating income (NOI), this gem offers 4% annual increases and is situated in a high-traffic, high-rent district.
Property Highlights:
Open Retail Space: Versatile layout for various business.
Commercial Kitchen: Fully equipped for food service operations.
Ample Storage: Generous storage space to support business operations.
Offices Overlooking Operations: Functional offices with a clear view of the retail area.
Roll-Up Door: Convenient access for deliveries and logistics.
Fenced Rear Lot: Secure and private outdoor space.
Turn key 1031 exchange!
More Information MLS# 6756930
Contract Info
Current Price: $3,950,000
List Price: $3,950,000
Status: Active
List Date: 2024-09-13
Ownership: Fee Simple
Location Tax Legal
House Number: 839
Compass: E
Street Name: CAMELBACK
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Zip4: 3633
Country: USA
County Code: Maricopa
Subdivision: CHARANN TRACT CONSOLIDATED
Assessor Number: 155-21-072
Tax Year: 2023
General Property Description
Type of Property: Commercial Mix Use
Ttl Apx SqFt Bldg: 11545
# of Buildings: 1
Lot Size Dimensions: 259.91-84.47-260.55-84.92
Year Built: 1979
Uncvrd Parking Spcs: 14
Zoning: C2
Flood Zone: No
Remarks Misc
Cross Street: N 7th St and E Camelback Rd
Directions: Head North on N 7th St. Turn right onto E Camelback Rd. Turn right.
Geo Lat: 33.50876
Geo Lon: -112.062066
Status Change Info
Status Change Date: 2024-09-13
Legal Info
Township: 2N
Range: 3E
Section: 21
Lot Number: 1
Bay Info
# of Bay Doors: 1
Income Expenses
Net Operating Income: 276156
Showing Notification Methods
Showing Service: Aligned Showings
Contact Info
List Agent Home Phn: 623-979-0065
Property Features
Building Type: Commercial
Current Use: Mixed Use; Retail
Stories: 2 Stories
Construction: Block; Stucco
Roofing: Built-Up
Floors: Concrete; Vinyl; Ceramic Tile
Ceiling Height: 10.1 Feet to 12 Feet; 14.1 Feet to 16 Feet
Heating: 2 or More Units
Cooling: Central A/C; Office A/C
Loading Facilities: Grade Level
Interior: Fire Sprinklers; Smoke Detector(s); Security System; Security Camera(s); Alarm System; Private Restrooms; Public Restrooms
Exterior: Storage Yard; Building Sign; Monument Sign; Security Camera(s)
Fencing: Block; Security
Amenities: Conference Room; Clean Room; Showroom; Cafeteria; Kitchen; Security Gate
Parking: Fenced; Free; Public Parking; Private Parking; Paved Parking
Electric: APS
Gas: SW Gas; None
Water: City Franchise
Sewer: Sewer - Public
Railroad: Available
New Financing: Cash Only; 1031 Exchange; Other (See Remarks)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: See Private Remarks
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Trms: Not Applicable
Traffic Count: 50,001 to 75,000
Environmental: None
Listing Office: Century 21 Northwest
Last Updated: September - 17 - 2024
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