10835 N 25th Ave - Office FOR SALE


Phoenix, AZ 85029
$12,581,790 USD
602-339-3131
10835 N 25th Ave, Phoenix, AZ for Sale
$12,581,790 USD
Office - FOR SALE
1/16
null | Request Cap Rate

10835 N 25th Ave
Phoenix, AZ 85029


HIGHLIGHTS

  • Property comes with conference rooms, workout facility, and private offices
  • Located next to the I-17
  • On site and covered parking

OVERVIEW

• Three-story office building totaling ±96,783 SF—75% (or ±72,203 SF) of which is available to an owner/user. • Significant near-term in-place income to support carry costs during planning and construction of owner-occupier suite. • Located within an opportunity zone. • Transit-oriented location within the Black Canyon Corridor, which is known for its immediate Interstate-17 (I-17) access and deep labor pool access. • Abundant ±5.7/1,000 parking ratio provided by a total of 553 surface parking spaces. • Ample ±2.5/1,000 covered parking ratio (238 canopy spaces). • The Metro Light Rail’s Northwest Extension Phase II, which was completed January 2024, is located less than one (1) mile from the property. • ±2.3 million SF of retail amenities within a three (3) mile radius, which include a wide variety of restaurants and fast-food chains, as well as several shopping options. • One (1) mile from MetroCenter Mall’s $850 million redevelopment site, which will include 250,000 multifamily units and 150,000 SF of commercial space.

FOR SALE DETAILS

PRICE

$12,581,790 USD

PRICE/SF

$130 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Black Canyon Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

A

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

560

LAND DETAILS

LAND ACRES

6.73 AC

LAND SF

293,159 SF

ZONING

A-1

APN/PARCEL ID

149-07-053D,149-07-065,149-07-066

ASK ABOUT THIS PROPERTY

Eric WichtermanCushman & WakefieldMore Info
602-339-3131

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Eric WichtermanCushman & WakefieldMore Info
602-339-3131

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.