2818 & 2822 W Northern Avenue, Phoenix, AZ, 85051

2818 & 2822 W Northern Avenue Phoenix, AZ 85051

2818 & 2822 W Northern Avenue, Phoenix, AZ, 85051
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$650,000
Last Verified:
Sep 29, 2024

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Highlights

  • Two Freestanding Contiguous Office Buildings for Sale
  • ±2,679 SF (Combined) - 1,447 SF for 2822 W Northern and 1,232 SF for 2818 W Northern
  • Owner will Entertain Selling Individually - Call Broker for Pricing
  • R-5 Zoning per City of Phoenix
  • Secured Fenced Lot for Both Buildings
  • Both Buildings Include Built Out Office Space
  • 2822 W Northern Ave Building Recently Upgraded in 2021
  • Minimal Operating Expenses
  • Ample Parking
  • Exposure Along Northern Ave - ±45,000 VPD

Description

SVN Desert Commercial Advisors is pleased to present for sale two (2) freestanding commercial office buildings in the heart of North Central Phoenix. 2818 and 2822 W Northern Avenue are approximately 2,679 square feet. The contiguous buildings share an easement with ingress/egress along Northern Avenue. There is secured gated access along Northern Avenue as well as automated gate access along 29th Avenue. 2818 W Northern Ave features 3 private offices and 2 restrooms as a traditional office setup. 2822 W Northern Ave consists of 4 private offices, a restroom, and has a traditional office setup. The 2822 building was recently upgraded with updated flooring, new windows, added insulation, and a newer HVAC unit installed within the last 5 years.

The subject properties are located along Northern Avenue, approximately one half mile west of the I-17 Freeway. This densely populated North Phoenix suburban submarket has nearly 500,000 residents living within a 5 mile radius. These properties offer excellent exposure on a main artery that sees nearly 45,000 vehicles per day. This particular area of Phoenix has numerous amenities and points of interest within the area, including the Metrocenter redevelopment, Grand Canyon University, Abrazo Central Campus, Christown Spectrum redevelopment, and Downtown Glendale to the West.


Year Built: 1957
Building Size: 2679sq ft
Building Class: C
Lot Size: 0.36 acres


Documents

SVN - Brochure (L)

Map of 2818 & 2822 W Northern Avenue, Phoenix, AZ, 85051

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.