8818 N 12th St, Phoenix, AZ, 85020

8818 N 12th St Phoenix, AZ 85020

Phoenix
FOR SALE
Property Type:
Street Retail
Amount:
$325,000
Last Verified:
Oct 14, 2024

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Highlights

  • Second-generation day-care facility
  • Proximity to I17 and SR51
  • Emerging Sunnyslope submarket

Description

8818 N 12th Street offers a prime opportunity to acquire a single-tenant building in the emerging Sunnyslope Submarket. Previously operated as a daycare center, the property is ideally suited for similar use, with all the necessary infrastructure in place. Additionally, its flexible layout offers potential for conversion to alternative purposes. The building is nestled within a rapidly growing neighborhood, making it an attractive investment.

Sunnyslope Submarket


Year Built: 1970
Building Size: 2444sq ft
Building Class: C
Lot Size: 0.24 acres

Map of 8818 N 12th St, Phoenix, AZ, 85020

Presented by:
R.O.I. Properties

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Beth Jo Zeitzer


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.