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 Falkner | Cohen Group 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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