3550 N Central Avenue, Phoenix, AZ 85012

$4,900,000
284,709
SqFt
List Price
$4,900,000
Days on Market
101
Status
UCB (UNDER CONTRACT-BACKUPS)
MLS#
6282464
City
Phoenix
Living SQFT
284,709
Lot Size
1,105
Subdivision
Lane Sub
Year Built
1958

Property Description

Rare opportunity to acquire a ground lease in the heart of mid-town Phoenix. With 140 years remaining, here is your chance to acquire a passive income investment. Improvements not included in the sale comprise a 20-story office building with 284,709 rentable square feet and a three-level parking structure. 3550 N Central Avenue is located 2 miles North of Downtown Phoenix in the vibrant mid-town neighborhood. And located just a block north of the redeveloping Park Central mixed-use project, this opportunity is hard to pass on.

Additional Information

Construction
Other (See Remarks)
Cooling
Central A/C, Other
Electric
Other (See Remarks)
Fencing
Other
Floors
Other
Gas
Other (See Remarks)
Guest House SqFt
1105
Heating
Other
Living Area
284,709
Lot Size
1,105
Parking
Other (See Remarks)
Roofing
Other (See Remarks)
Sewer
Sewer - Public
Pool
Yes
Stories
11+ Stories
Subdivision
Lane Sub
Taxes
$248,937
Water
City Franchise
Zoning
PUD

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of R.O.I. Properties.

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