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    3550 N Central Avenue

    Phoenix, AZ 85012
    • $4,900,000
    • STATUS: Active
    • ON SITE: 32 days
    • MLS #: 6282464
    UPDATED: 63 min ago
    $4,900,000
    • 0
      BEDS
    • 4.41
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 284,709
      SQFT
    • $17
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1958
    County:
    Area:

    School Ratings & Info

    Description

    Rare opportunity to acquire a ground lease in the heart of mid-town Phoenix. With 140 years remaining, here is your chance to acquire a passive income investment. Improvements not included in the sale comprise a 20-story office building with 284,709 rentable square feet and a three-level parking structure. 3550 N Central Avenue is located 2 miles North of Downtown Phoenix in the vibrant mid-town neighborhood. And located just a block north of the redeveloping Park Central mixed-use project, this opportunity is hard to pass on.

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    © 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty West Valley. Data last updated 2021-09-22T15:13:16.29.
    www.myhomesaz.com/homes/120695393
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    3550 N Central Avenue Phoenix, AZ 85012

    • Price: $4,900,000
    • Status: Active
    • Updated: 63 min ago
    • MLS #: 6282464
    0
    Beds
    0
    Baths
    0
    ½ Baths
    4.41
    Acres
    284,709
    SQFT
    $17
    $/SQFT
    1958
    Built
    Neighborhood:
    Lane Sub
    County:
    Maricopa
    Area:
    Phoenix
    Property Description
    Rare opportunity to acquire a ground lease in the heart of mid-town Phoenix. With 140 years remaining, here is your chance to acquire a passive income investment. Improvements not included in the sale comprise a 20-story office building with 284,709 rentable square feet and a three-level parking structure. 3550 N Central Avenue is located 2 miles North of Downtown Phoenix in the vibrant mid-town neighborhood. And located just a block north of the redeveloping Park Central mixed-use project, this opportunity is hard to pass on.
    Exterior Features

    Construction Other (See Remarks) Covered Parking Spaces 1105.00 Exterior Features Building Sign Fencing Other Freeway Highway 2.1 - 5 Miles Parking Other (See Remarks) Roads AsphaltSidewalk(S) Roofing Other (See Remarks) Stories 11+ Stories Total Parking Spaces 1105.00 Uncovered Parking Spaces 0.00

    Interior Features

    Ceiling Height 8.1 Feet To 10 Feet Cooling Central A/COther Flooring Other Heating Other Interior Features Other (See Remarks)

    Property Features

    Adjusted Gross Inc 0.00 Building Type CommercialOffice Cross Street N Central Ave. & W Osborn Rd. Current Use Other Electric Other (See Remarks) Gas Other (See Remarks) Gross Annual Sch Inc 0.00 Hoa Fee 0.00 Hoa YN No Loading Facilities Other (See Remarks) Lot Number 10 Net Operating Income 0.00 Operating Exp 248937.00 Other Income 0.00 Ownership Leasehold Sewer Sewer - Public Source Of Financial Data Other (See Remarks) Taxes 248937.00 Vacancy Allowance 0.00 Water City Franchise Zoning Pud

    Listing courtesy of R.O.I. Properties.


    © 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty West Valley. Data last updated 2021-09-22T15:13:16.29.
     
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    Long Realty West Valley
    14245 W. Grand Ave, Suite 1
    Surprise AZ, 85374