Active

2402 S Central Avenue

Phoenix AZ, 85004

$4,100,000


$189.83 per sqft

Active

21,598 sqft

Other

Built in 1983

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

6786672

MLS ID

November 21, 2024

Listed

November 23, 2024

Updated

Map

2402 S Central Avenue
Phoenix AZ, 85004

Interior Features

Floor Description

Other


Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

Yes


Heating Description

Other

Exterior/Building Features

Lot Size

1.32 Acres


Roof

See Remarks


Sewer

Other

Other Property Details

Taxes

$174,919


Tax Frequency

Annually


Days on Market

231


Garage

No


Parking

Other (See Remarks)


Parking Total

0


View

No


County

Maricopa


Water Source

Other


Pool

No


Zoning

C-3

Courtesy of Cutler Commercial

Listing Contact: 602-955-3500 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Desaree Suttle shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data Last Updated: 12:00 AM UTC, 11/23/2024.

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