839 E Camelback Rd
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839 E Camelback Rd
11,545 SF Retail Building Phoenix, AZ 85014 £3,098,419 (£268/SF) 6.99% Net Initial Yield
Investment Highlights
- Highly trafficked street across from dealership
Executive Summary
Own this exceptional income-producing property located adjacent to the highly sought-after Camelback Corridor. Featuring a solid gold tenant with a 10-year NNN lease and impressive high net operating income, Lease calls for 4% annual increases and is situated in a high-traffic, high-rent district.
Property Highlights:
Open Retail Space: Versatile layout for various business needs.
Commercial Kitchen: Fully equipped for food service operations.
Ample Storage: Generous storage space to support business operations.
Offices Overlooking Operations: Functional offices with a clear view of the retail area.
Roll-Up Door: Convenient access for deliveries and logistics.
Fenced Rear Lot: Secure and private outdoor space.
This turnkey investment opportunity is perfect for 1031 exchange buyers.
Property Highlights:
Open Retail Space: Versatile layout for various business needs.
Commercial Kitchen: Fully equipped for food service operations.
Ample Storage: Generous storage space to support business operations.
Offices Overlooking Operations: Functional offices with a clear view of the retail area.
Roll-Up Door: Convenient access for deliveries and logistics.
Fenced Rear Lot: Secure and private outdoor space.
This turnkey investment opportunity is perfect for 1031 exchange buyers.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,545 SF
Building Class
C
Year Built
1985
Price
£3,098,419
Price Per SF
£268
Net Initial Yield
6.99%
NOI
£216,620
Tenancy
Single
Number of Floors
2
Building FAR
0.52
Land Acres
0.51 AC
Zoning
C-2, Phoenix - Commercial and Intermediate Commercial
Parking
20 Spaces (1.68 Spaces per 1,000 SF Leased)
Frontage
117 ft on Camelback Rd
Amenities
- Bus Route
- Pylon Sign
- Signage
Walk Score ®
Very Walkable (79)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 155-21-072 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £117,890 |
PROPERTY TAXES
Parcel Number
155-21-072
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£117,890
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John Crow -
Rodica Bartels -
Century 21 Northwest Commercial
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839 E Camelback Rd
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