Investment Sale | Fully Leased-Multi-Tenant Office Building

1838 W Parkside Lane Phoenix, AZ 85027

Phoenix
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$5,150,000
Last Verified:
Oct 01, 2024

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Highlights

  • Fully leased, freestanding, multi-tenant office building
  • 100% occupied by six (6) quality tenants
  • Primarily NNN leases where tenants pay utilities and janitorial
  • Monument signage for tenants
  • Prominent Deer Valley location, a sought-after submarket, with
  • numerous corporate & retail businesses nearby
  • Minutes from Phoenix Deer Valley Airport, I-17 & Loop 101
  • Parking Ratio: 3.20/1,000 SF (91 total spaces) with covered parking
  • Cross-Streets: Parkside Lane and 19th Avenue
  • Ownership: Fee Simple
  • In-place income with value add upside potential

Description

Parkside 19 is a two-story, multi-tenant office building consisting of +/- 27,878 rentable SF (+/- 28,479 total building SF) located in the sought-after Deer Valley submarket, surrounded by corporate neighbors and retail amenities. Built in 2006, Parkside 19 is 100
percent leased to six (6) tenants: Answers Aerospace, Ament Professional Services, Trailhead Health & Rehab
LLC, Independent Home LLC, Addiction Treatment Service and Michaels Wilder.

Phoenix

Building Size: 28479sq ft
Building Class: B
Lot Size: 0 acres


Documents

Offering Memorandum - 1838 W Parkside Ln (1).pdf
1838 W Parkside Lane Brochure

Map of 1838 W Parkside Lane, Phoenix, AZ, 85027

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