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4041 N Central

5 Office Properties in Phoenix, AZ

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Investment Highlights

Assumable debt with 3.66% interest rate - will deliver initial cash-on-cash return near 10%, exceptional in today’s interest rate environment.
Major tenant Maricopa County renewed early in 16% of the building, now with a 25-year total commitment to the property.
Building is perfectly positioned to attract target tenants.

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.
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.
Simple path to higher occupancy income - an intelligent, proactive leasing plan, with generous TIs will result in an over 18% increase in occupancy.

Property Facts

Sale Type	Investment	Individually For Sale	0
Status	Active	Total Building Size	546,849 SF
Number of Properties	5	Total Land Area	14.49 AC

Sale Type	Investment
Status	Active
Number of Properties	5
Individually For Sale	0
Total Building Size	546,849 SF
Total Land Area	14.49 AC

Properties

Property Name / Address	Property Type	Size	Year Built	Individual Price
40Forty-One 4041 N Central Ave, Phoenix, AZ 85012	Office	460,508 SF	1981	-
Building A 4041 N Central Ave, Phoenix, AZ 85012	Office	25,604 SF	1980	-
Building B 4041 N Central Ave, Phoenix, AZ 85012	Office	26,242 SF	1980	-
Building C 4041 N Central Ave, Phoenix, AZ 85012	Office	26,242 SF	1980	-
Building D 4041 N Central Ave, Phoenix, AZ 85012	Office	8,253 SF	1980	-

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Eric Wichterman
Steve Lindley
Alexandra Loye
Michael Coover
Cushman & Wakefield

(602) 224-4471

Listing ID: 28289963
Date on Market: 21/04/2023
Last Updated:
Address: 4041 N Central, Phoenix, AZ

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4041 N Central portfolio of 5 properties for sale on LoopNet.co.uk Primary Photo- Image 1 of 3 — 4041 N Central Ave

4041 N Central portfolio of 5 properties for sale on LoopNet.co.uk Primary Photo- Image 2 of 3 — 4041 N Central Ave

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