11240 N 19th Ave, Phoenix, AZ 85029

Arizona > Phoenix > 85021 > North Mountain

11240 N 19th Ave, Phoenix, AZ 85029

Iris Plaza FOR SALE 100% LEASED 8.28 CAP RATE: 11240 N 19th Ave, Phoenix, AZ 85029

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For Sale

Office/Retail Mixed

For Sale

This property is available for sale

10,100

SF

$1,000,000

Sale Price

Overview
►Investment or Owner User
►100% Leased
►Desirable C-2 Zoning
►33 Parking spaces plus street parking
►Hard Corner Location
►Convenient Access to the I-17 Freeway
►Located in Opportunity Zone
►Monument Sign plus
►Ability to Build a Larger Sign on the Corner
►$99/sf
►8.28 CAP Rate
►Lots of Upside for Buyer
►Owner/Agent
►Current owner is a tenant and can either stay or vacate for buyer.
►Easy to Rent Small Offices.
►Spaces Were Leased at New Higher Rental Rate During Covid 19.

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Property Details

Iris Plaza FOR SALE 100% LEASED 8.28 CAP RATE

►Investment or Owner User
►100% Leased
►Desirable C-2 Zoning
►33 Parking spaces plus street parking
►Hard Corner Location
►Convenient Access to the I-17 Freeway
►Located in Opportunity Zone
►Monument Sign plus
►Ability to Build a Larger Sign on the Corner
►$99/sf
►8.28 CAP Rate
►Lots of Upside for Buyer
►Owner/Agent
►Current owner is a tenant and can either stay or vacate for buyer.
►Easy to Rent Small Offices.
►Spaces Were Leased at New Higher Rental Rate During Covid 19.

Property Type
Office/Retail Mixed
Amenities
- Common bathrooms
- Free Parking
- A/C
- Natural light
- Internet
- Ready to move in
- Onsite parking
Submarket
Greater Phoenix
Sale Price
$1,000,000
Total Building Size
10,100RSF
Cap Rate
8.3%
Number of Floors
2
Number of Buildings
1
Building Class
C
Parking Ratio
3.5
Zoning
C-2
Will build to suit
No
Sewer
No
Corner lot
No
Property ID
2165413