207 E. Monterey Way

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207 E. Monterey Way

Phoenix, AZ 85012
Asking Price
$840K
Asset Type
Office
Class
Class B

What's Special

Office | 2,615 SqFt <ul><li>​Total Building Size: ±2,615 SF (APN #118-34-066A)</li><li>​Office Portion: ±1,147 SF (1-Year Lease in Place)</li><li>​Connected Office Suite w/Residential Live Options: ±1,468 SF</li><li>​Newer Foam Roof and HVAC Systems Throughout</li><li>​Two Separate Electric Meters</li><li>​Both Suites Easily Combined Through Connecting Door</li><li>​8 On-site Parking Spaces Plus Street Parking</li><li>​Zoned R-5 — Suitable for Office, Live/Work, or Full Office Use</li><li>​Former Dental Office Also

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NOI
$80,000
Cap Rate
9.52%
DSCR
1.60
Strong
Cash-on-Cash
11.96%
Monthly Payment
$4,155.862
Annual Cash Flow
$30,129.66

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