Listed by CIA Advisors LLC
$4,150,000
21625 N. Central Avenue
Details
APN 209-11-383
Property Type Industrial
Sub Type Flex
Square Footage 12,645
Units 3
Occupancy 20%
Tenancy Multi
Lease Type Modified
Pro-Forma Cap Rate 6.32%
Pro-Forma NOI $262,080
Price per SqFt $328
Class B
Lot Size (SqFt) 42,690
Zoning A-1 City of Phoenix
Parking Spaces 37 spaces
Parking Per SqFt 2.93
Investment Type Owner/User
Ground Lease No
Ceiling Height 20
Dock High Doors 4
Industrial | 12,645 SqFt
Marketing description
This site is conveniently located in the Deer Valley Industrial area just south of Deer Valley Drive and Central Avenue. It is best suited for a heavy industrial owner/user who needs A-1 Zoning. The property was formerly utilized by a machine shop and is 100% H.V.A.C with skylights. The site has a fenced yard and an abundance of covered parking.
The proximity to linkages and transportation as well as heavy zoning make this property an attractive buy and hold strategy for an owner user who operates a high-quality small business. The owners will consider Seller Finance at favorable terms for a well qualified individual for up to 5 years.
Investment highlights
- Premium Deer Valley Industrial Building
- Seller Finance Available
- Electric: 400 Volts - 3 Phase
- Natural Gas: Stubbed out into street
- Water & Sewer: City of Phoenix
- Trash: Private
- Sprinklers: Wet
- Yard: Fenced
- Cooling: 100% H.V.A.C.
- Parking: 37 spots (2.9/100) covered/uncovered
- Roll up doors: 12'w x 14'h total of 3
Listing Contacts
Listed by CIA Advisors LLC
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