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3335 North 16th Street
Phoenix, AZ 85016
Asking Price
$1.18M
Asset Type
Traditional Office Retail
Class
Class B
What's Special
5,500 SF Stand Alone Office Bldg For Sale or Lease | SEC 16th St & Osborn Rd <p>+/- 5,500 Square Foot Stand Alone Office Building </p><p>+/- 8,087 Square Foot Lot </p><p>Sale Price: $1,182,500 </p><p>Lease Rate: $6,000/Month, Modified Gross </p><p>Monument Signage Available </p><p>New Electrical 400 Amp Service & New HVAC System (10.5 Tons) </p><p>New Roof, Flooring and Paint </p><p></p>
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NOI
$80,000
Cap Rate
6.77%
DSCR
1.14
Tight
Cash-on-Cash
2.76%
Monthly Payment
$5,850.365
Annual Cash Flow
$9,795.622
