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420 N 15TH AVE
PHOENIX, AZ 85007-2403
Asking Price
$950K
Asset Type
Traditional Office Office
Class
Class B
What's Special
Versatile Class C office/flex building <p><span style="color: rgba(0, 0, 0, 1)">Versatile ±2,800 SF Class C office/flex building on a high-visibility corner lot in central Phoenix. Features newer AC units, newer flooring & paint, re-sealed roof, and 3-phase power. Includes secure fenced yard plus three 20' Conex storage containers that convey with the sale. C-2 zoned - ideal for office, showroom, contractors, professional services, or light industrial uses. Excellent owner-user or investment opportunity with easy freeway access.</spa
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NOI
$80,000
Cap Rate
8.42%
DSCR
1.42
Strong
Cash-on-Cash
8.28%
Monthly Payment
$4,700.082
Annual Cash Flow
$23,599.02
