15650 North Black Canyon Highway

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15650 North Black Canyon Highway

Phoenix, AZ 85053
Asking Price
$1.50M
Asset Type
Office
Class
Class B

What's Special

Located at 15650 North Black Canyon Highway, this office property is situated within the North Mountain submarket of Phoenix. The building offers direct visibility and frontage along the Interstate 17 corridor, a primary north-south transportation artery. The immediate neighborhood features a mix of established business parks, retail centers, and dining options along Peoria and Dunlap Avenues. Public transit is accessible via several nearby bus stops, facilitating commutes for the local workforce. The property is well-suited for professional services, administrative back-office operations, or regional headquarters. Given the layout and high-traffic location, typical tenants include insurance agencies, legal firms, healthcare administration, and consulting groups. The floor plans provide flexibility for businesses requiring a combination of private offices and open collaborative workspaces in an established commercial hub.

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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179

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