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Marketing Description
Located at 5800 N 19th Ave, Phoenix, AZ, this multi-tenant office property presents a prime investment or owner-user opportunity in the heart of one of Phoenix's most vibrant business districts. Boasting a strategic location with easy access to major transportation routes, including light rail, and surrounded by a diverse array of amenities including Costco, Target, Chic-Fil-A, and Abrazo Hospital this property offers an ideal environment for businesses to thrive.
With a total leasable area of 15,162sf, this well-maintained building features a mid-century modern architectural design, ensuring a professional and inviting atmosphere for tenants and clients alike. The property is currently home to a mix of up to 20 reputable tenants representing various industries, providing a stable and diversified income stream for the owner.
Investors will appreciate the property's strong leasing history and attractive rental rates, offering immediate cash flow and long-term growth potential. Additionally, with the steady demand for office space in Phoenix's dynamic market, there is ample opportunity to further optimize occupancy and rental rates, enhancing the property's overall value.
Beyond its financial merits, this property offers a range of amenities designed to cater to the needs of today's businesses. Ample parking, efficient floor plans, monument signage, central HVAC, common area restrooms, and 19th Ave frontage.
As Phoenix continues to experience economic growth and urban development, investing in this multi-tenant office property presents a rare opportunity to capitalize on the city's prosperity.
Location Description:
Discover the vibrant energy of Phoenix, AZ, surrounding the location at 5800 N 19th Ave. This dynamic neighborhood offers an enticing blend of retail and dining options, drawing in a diverse demographic of local residents and visitors. With its close proximity to Grand Canyon University and the Phoenix Children's Hospital, this thriving area is a prime destination for retail and street retail businesses seeking high visibility and foot traffic. The property's strategic location provides an ideal opportunity to tap into the robust market demand and establish a strong presence within this bustling commercial hub.
Investment Highlights
- ±15,162 SF Retail/Office Building
- ±0.89 Acre Parcel
- 4.5/1,000 Parking Ratio
- 23 Suites with 75 Parking Spaces
- Near Spectrum Shopping Mall
- Close to Upscale Medical Facilities
- Superior Street Exposure
- Tenants Responsible for their own Janitorial and Internet
- Opportunity Zone
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