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Looking for a quick close cash investor for a value-add opportunity in the heart of Central Phoenix, AZ on the prominent intersection of N 19th Ave and W Camelback Rd across the street from the Light Rail station. Four story vacant 52,000 sqft freestanding building, single or multiple tenancy, plenty of parking, recent capital improvements, virtually move-in ready. Asking $ 49 per sqft - well below market value, because identical "sister" building next door sold stabilized for about $ 100 per sqft. We are also offering an 8% commission to cooperating broker. Potential redevelopment opportunity, because the parcel is zoned R-5. Thank you!
Lot Size:82,241 SF
5060 North 19th Avenue, Phoenix, AZ 85015