1622 N Black Cyn Hwy, Phoenix, AZ 85009 For Sale

Available for sale is 1622 N Black Canyon Hwy in Phoenix, a freestanding office building located at the northwest corner of McDowell Road and the I-17 Freeway. This is an opportunity to own an office space in a highly visible location on the I-17 Freeway. The property is located at the northwest corner of I-17 and McDowell Road with convenient access to both I-17 and I-10. The property consists of a two-story office building of approximately 8,390 square feet, with 4,115 located on the first floor and 4,330 on the second floor.

The entire building is master leased until October 4, 2028, to a large insurance company.

The property consists of a two story office building approximately 8,390 square feet in size on one parcel of land approximately 15,987 square feet in size. Since the property was originally constructed, it has been used as professional office space, initially for an insurance company (the master lessee) and now for a trucking company and construction company (the current sublessees). The interior is in good condition and if the layout works for you, it could be move-in ready. There is excellent building signage on I-17 and the property is zoned A-1, City of Phoenix. Currently, the property is master leased to an insurance company who has vacated the building and subleased parts of the building to two different sublessees. The master lease expires October 4, 2028. The sublease with the construction company expires October 4, 2028, and the sublease with the trucking company is year-to-year.