4040 N 59th Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
4040 N 59th Ave
7,859 SF 100% Leased Office Building Phoenix, AZ 85033 £1,157,365 (£147/SF)
Investment Highlights
- Prime Hard-Corner Location in a high-traffic area with excellent visibility
- Future redevelopment opportunity
- Stabilized Value-Add with Immediate Upside Potential
Executive Summary
This two-story office building offers an ideal blend of location, visibility, and value-add potential, making it a standout in the Phoenix office market. Positioned on a high-traffic hard corner, the property benefits from excellent visibility and stabilized, turn-key cash flow from day one. Building highlights include block construction, tile roof, and interior renovations in most suites, it is well-positioned for a range of professional tenants. The opportunity to reposition the asset, enhance NOI, and attract stable, long-term occupants presents excellent growth prospects.
This property appeals to investors seeking immediate cash flow improvement with long-term asset appreciation potential, combining current income opportunities with future redevelopment upside.
This property appeals to investors seeking immediate cash flow improvement with long-term asset appreciation potential, combining current income opportunities with future redevelopment upside.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
7,859 SF
Building Class
C
Year Built
1974
Price
£1,157,365
Price Per SF
£147
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
3,930 SF
Building FAR
0.30
Land Acres
0.61 AC
Zoning
R-5 - Property Type (1512) OFC BLDG, 2 STY, Legal Class (01-12) COMML/REAL & IMPS NOT IN OTHER CLASSES
Parking
6 Spaces (0.76 Spaces per 1,000 SF Leased)
Amenities
- Bus Route
- Security System
- Signage
- Central Heating
- High Ceilings
- Natural Light
- Recessed Lighting
- Air Conditioning
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Insurancewide
- Finance and Insurance
- -
- -
- -
Latino Valley Immigration was established in Phoenix, Arizona, USA, to assist the large number of people wishing to immigrate to the United States but wanting to reduce the time, confusion and frustration associated with the application process.
- Powerhouse Investment Group
- Finance and Insurance
- -
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Insurancewide | Finance and Insurance | - | - | - | ||
| Latino Valley Immigration | Professional, Scientific, and Technical Services | - | - | - | ||
| Powerhouse Investment Group | Finance and Insurance | - | - | - |
1 of 1
PROPERTY TAXES
| Parcel Number | 103-36-128B | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £69,991 |
PROPERTY TAXES
Parcel Number
103-36-128B
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£69,991
-
Carlos Arellano - Equity Realty Group, LLC
1 of 24
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Equity Realty Group, LLC
4040 N 59th Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.