Skip To Content

--
  • --
    BEDS
  • --
    ACRES
  • --
    BATHS
  • --
    1/2 BATHS
  • --
    SQFT
  • --
    $/SQFT

Listing Details

Status
--
On Site
--
On Market
--
MLS #
--
Neighborhood
--
Type
--
Built
--
County
--
Area
--

School Ratings & Info

Description

Rare opportunity to acquire a ground lease in the heart of mid-town Phoenix. With 140 years remaining, here is your chance to acquire a passive income investment. Improvements not included in the sale comprise a 20-story office building with 284,709 rentable square feet and a three-level parking structure. 3550 N Central Avenue is located 2 miles North of Downtown Phoenix in the vibrant mid-town neighborhood. And located just a block north of the redeveloping Park Central mixed-use project, this opportunity is hard to pass on.

Monthly Payment Calculator



© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Openshaw Real Estate Group in partnership with The Jesse Herfel Real Estate Group. Data last updated 2021-09-16T17:14:01.497.
www.herfelopenshaw.com/homes/120695393
Print Image

3550 N Central Avenue Phoenix, AZ 85012

  • Price: $4,900,000
  • Status: Active
  • Updated: 22 min ago
  • MLS #: 6282464
0
Beds
0
Baths
0
½ Baths
4.41
Acres
284,709
SQFT
$17
$/SQFT
1958
Built
Neighborhood:
Lane Sub
County:
Maricopa
Area:
Phoenix
Property Description
Rare opportunity to acquire a ground lease in the heart of mid-town Phoenix. With 140 years remaining, here is your chance to acquire a passive income investment. Improvements not included in the sale comprise a 20-story office building with 284,709 rentable square feet and a three-level parking structure. 3550 N Central Avenue is located 2 miles North of Downtown Phoenix in the vibrant mid-town neighborhood. And located just a block north of the redeveloping Park Central mixed-use project, this opportunity is hard to pass on.
Exterior Features

Construction Other (See Remarks) Covered Parking Spaces 1105.00 Exterior Features Building Sign Fencing Other Freeway Highway 2.1 - 5 Miles Parking Other (See Remarks) Roads AsphaltSidewalk(S) Roofing Other (See Remarks) Stories 11+ Stories Total Parking Spaces 1105.00 Uncovered Parking Spaces 0.00

Interior Features

Ceiling Height 8.1 Feet To 10 Feet Cooling Central A/COther Flooring Other Heating Other Interior Features Other (See Remarks)

Property Features

Adjusted Gross Inc 0.00 Building Type CommercialOffice Cross Street N Central Ave. & W Osborn Rd. Current Use Other Electric Other (See Remarks) Gas Other (See Remarks) Gross Annual Sch Inc 0.00 Hoa Fee 0.00 Hoa YN No Loading Facilities Other (See Remarks) Lot Number 10 Net Operating Income 0.00 Operating Exp 248937.00 Other Income 0.00 Ownership Leasehold Sewer Sewer - Public Source Of Financial Data Other (See Remarks) Taxes 248937.00 Vacancy Allowance 0.00 Water City Franchise Zoning Pud

Listing courtesy of R.O.I. Properties.


© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Openshaw Real Estate Group in partnership with The Jesse Herfel Real Estate Group. Data last updated 2021-09-16T17:14:01.497.
 
https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_1_6282464-2.jpg https://bt-photos.global.ssl.fastly.net/armls/1280_boomver_1_6282464-2.jpg
Logo
Openshaw Real Estate Group in partnership with The Jesse Herfel Real Estate Group
830 S Higley Rd
Gilbert AZ, 85296