2402 S Central Avenue, Phoenix, AZ 85004
Comm/Industry Sale
Active
2402 S Central Avenue, Phoenix, AZ 85004
Overview
Property ID: HZ6786672
- 0
- 21598
- 1983
- HZ6786672
Description
This property is back on the market after falling out of escrow.
Sale Price: $4,100,000 ($189.83/PSF) | Cap Rate: ±5.95%
NOI: ± $ 244,223
Stabilized Two Tenant Investment with Long Term Leases
Building Size: ±21,598 Sf
Multi-Tenant Property Potentially Divisible to 6-8 Bays
2 Tenants in Place: Tenant 1: ±12,324 Sf Tenant 2: ±9,274 SF
Shared Fenced And Secured Yard
Located Next to the New Light Rail, I-17, Us 60 & I-10
Many Recent Upgrades & Interior/Exterior Improvements
Including: New Asphalt, Paint, Roof Recoating, Tenant Improvements
Address
Open on Google Maps- Address Central
- City Phoenix
- State/county Maricopa
- Zip/Postal Code 85004
- Area ALKIRE TRACT LOTS 8-17
Details
Updated on April 9, 2025 at 3:24 am- Property ID: HZ6786672
- Price: $4,100,000
- Property Size: 21598 Sq Ft
- Land Area: 1.32 Square Feet
- Bathroom: 0
- Year Built: 1983
- Property Status: Comm/Industry Sale
Additional details
- Source System: Arizona Regional Multiple Listing Service (ARMLS)
- Listing Office: Cutler Commercial
Features
Mortgage Calculator
Monthly
- Principal & Interest
- Property Tax
- Home Insurance
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