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7080 N 19TH Avenue

Phoenix, AZ 85021
  • $3,046,557
  • STATUS: Active
  • ON SITE: 54 Days
  • MLS #: 6372500
UPDATED: 12 min ago
$3,046,557
  • 0
    BEDS
  • 0.51
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,696
    SQFT
  • $455
    $/SQFT
Type:
Commercial
Built:
2007
County:
Area:

School Ratings & Info

Description

EXECUTIVE SUMMARY - This offering memorandum features for sale the 6,695 SF Lexington Academy located at 7080 N 19th Ave Located in Phoenix, Arizona. With 5+ years on absolute triple net (NNN) Single Tenant lease and 1.5% rent increases annually. This opportunity provides for a best-of-class investment with income growth of an established tenant, featuring zero landlord responsibilities.Featuring strong real estate fundamentals and the site at the hard corner signalized intersection, which showcases the visibility this property receives. The property is strategically located within a commercial corridor that has a synergistic mix of both retail as well as large industrial parks surrounded by dense residential neighborhoods and apartment communities.NEARBY MAJOR RETAILERS FRYS, WENDYS, JACK IN THE BOX, STARBUCKS, ACE HARDWARE, BANNER URGENT CARE, THE CORE INSTITUTE SPECIALITY HOSPITAL, BANK OF AMERICA, BMO HARRIS BANK TENANT OCCUPIED, SOLD AS-IS

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© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than ASAP Realty. Data last updated 2022-05-17T23:13:43.867.
www.asaphomes.com/homes/126989776
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7080 N 19TH Avenue Phoenix, AZ 85021

  • Price: $3,046,557
  • Status: Active
  • On Site: 54 Days
  • Updated: 12 min ago
  • MLS #: 6372500
0
Beds
0
Baths
0
½ Baths
0.51
Acres
6,696
SQFT
$455
$/SQFT
2007
Built
County:
Maricopa
Area:
Phoenix
Property Description
EXECUTIVE SUMMARY - This offering memorandum features for sale the 6,695 SF Lexington Academy located at 7080 N 19th Ave Located in Phoenix, Arizona. With 5+ years on absolute triple net (NNN) Single Tenant lease and 1.5% rent increases annually. This opportunity provides for a best-of-class investment with income growth of an established tenant, featuring zero landlord responsibilities.Featuring strong real estate fundamentals and the site at the hard corner signalized intersection, which showcases the visibility this property receives. The property is strategically located within a commercial corridor that has a synergistic mix of both retail as well as large industrial parks surrounded by dense residential neighborhoods and apartment communities.NEARBY MAJOR RETAILERS FRYS, WENDYS, JACK IN THE BOX, STARBUCKS, ACE HARDWARE, BANNER URGENT CARE, THE CORE INSTITUTE SPECIALITY HOSPITAL, BANK OF AMERICA, BMO HARRIS BANK TENANT OCCUPIED, SOLD AS-IS
Exterior Features

Construction BlockFrame - WoodStucco Covered Parking Spaces 0.00 Exterior Features Landscaping Fencing None Freeway Highway 2.1 - 5 Miles Parking FreePaved ParkingPrivate Parking Roads AsphaltConcreteSidewalk(S) Roofing Built-Up Stories 1 Story Total Parking Spaces 12.00 Uncovered Parking Spaces 12.00

Interior Features

Amenities Reception Room Ceiling Height 10.1 Feet To 12 Feet Cooling Central A/C Flooring CarpetWood Heating Ceiling Interior Features Finished To SuitPrivate Restrooms

Property Features

Adjusted Gross Inc 152328.00 Building Type Commercial Cross Street 19TH AVENUE AND W GLENDALE AVE. Current Use Mixed UseOfficeSee Remarks Electric Aps Gas Sw Gas Gross Annual Sch Inc 152328.00 Hoa Fee 0.00 Hoa YN No Loading Facilities Grade Level Lot Number - Net Operating Income 152328.00 Other Income 0.00 Ownership Fee Simple Sewer Sewer - Public Source Of Financial Data Provided By Owner Taxes 16225.00 Vacancy Allowance 0.00 Water Individual Meter Zoning C-3

Listing provided by West Usa Realty: (602) 942-4200.


© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than ASAP Realty. Data last updated 2022-05-17T23:13:43.867.
 
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ASAP Realty
1601 N 7th St, Ste 210
Phoenix AZ, 85006