4041 N Central Office FOR SALE
Phoenix, AZ |
602-339-3131
4041 N Central
Phoenix, AZ
HIGHLIGHTS
- Assumable debt with 3.66% interest rate - will deliver initial cash-on-cash return near 10%, exceptional in today’s interest rate environment.
- 85% of the occupied space at 40 Forty-One is AA+ rated credit. US Government and Maricopa County Tenant lease commitments total 10-20 years.
- Major tenant Maricopa County renewed early in 16% of the building, now with a 25-year total commitment to the property.
- At the intersection of hot Uptown amenities and Midtown's healthcare and innovation hub - in the heart of Phoenix's boom in tech and life science hub.
- Building is perfectly positioned to attract target tenants.
- Simple path to higher occupancy income - an intelligent, proactive leasing plan, with generous TIs will result in an over 18% increase in occupancy.
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602-339-3131
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602-339-3131
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