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1600 W Broadway Rd
Tempe, AZ 85282
Asking Price
$10.50M
Asset Type
Traditional Office Office
Class
Class B
What's Special
Office | 76,915 SqFt <ul><li>Three-story Class B Office project totaling 76,915 SF and adjacent surface parking field</li><li>22,150 SF of the third floor is available for an owner / user</li><li>Outstanding historical occupancy of 87% on average over the last 10 years</li><li>Flexible rectangular floor plates, which are perfectly suited to efficiently accomodate both large and small tenants</li><li>Exceptional value with pricing at approximately a fraction of replacement cost. Recreating a building of this siz
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NOI
$80,000
Cap Rate
0.76%
DSCR
0.13
Underwater
Cash-on-Cash
-17.25%
Monthly Payment
$51,948.271
Annual Cash Flow
$-543,379.252
