Neighborhood: Ormes Addition, Prime 7th St Location
Office/Retail Building for sale. This unique building flexes betweenoffice use or retail use with frontage along 7th street. Perfect for an investor!This is priced at a 6.0% CAP Rate. There are 4 covered parking spaces in the rear of the building for employees, and a total of 8 open parking spaces in front of the building. Interior build out is fresh and exciting with exposed duct work and 'wood look' ceramic tile gives a terrific modern feel to the space.Tenant just signed a 5 year lease with 3% bumps year over year. A 5 year renewal option is available as well.
Courtesy of: Commercial Property Connect The ARMLS logo indicates a shared property that may be listed by a real estate brokerage other than the ARMLS. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Updated: 24th June, 2021 5:11 AM
Russ Lyon Sotheby's International Realty6900 E Camelback Road, Suite 110Scottsdale, AZ 85251
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