2051 W Northern Ave
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2051 W Northern Ave
30,205 SF 50% Leased Office Building Phoenix, AZ 85021 £3,380,528 (£112/SF)
Investment Highlights
- Built in 2000 with timeless modern architecture
- Good parking with 4.2 spaces per 1,000 SF – 110 stalls / 80 covered stalls (73% is covered)
- Easy access from freeway – just two blocks from the I-17 freeway
- Monument signage on Northern Ave offering tenant identity
- On hard corner of signalized intersection
- Excellent visibility on major arterial of Northern Ave
Executive Summary
3.23% assumable financing (to November 2027) + income from existing tenant = low owner/user ($1.20PSF/YR) cost of occupancy
Property Facts Under Contract
Sale Type
Investment
Property Type
Office
Building Size
30,205 SF
Building Class
B
Year Built
2000
Price
£3,380,528
Price Per SF
£112
Percent Leased
50%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
15,063 SF
Slab to Slab
12 ft
Building FAR
0.42
Lot Size
1.66 AC
Zoning
C-O - C-O
Parking
127 Spaces (4.2 Spaces per 1,000 SF Leased)
Amenities
- Bus Route
- Signage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 2nd Floor
- 15,100 SF
- Office
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 15,100 SF | Office | Full Build-Out | Now |
2nd Floor
| Size |
| 15,100 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
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Walk Score ®
Very Walkable (73)
PROPERTY TAXES
| Parcel Number | 157-20-001 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £457,106 |
PROPERTY TAXES
Parcel Number
157-20-001
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£457,106
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2051 W Northern Ave
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