NOT LISTED FOR SALE

16515 S 40th St Unit 141 Phoenix, AZ 85048

Ahwatukee Neighborhood
-- Beds
-- Baths
3,078 Sq Ft
2004 Built

Sale Details

Date Sold: July 19, 2021

Last sale price $742,000 $241 Per Sq Ft

73 Days on Market

Highlights

  • Community Kitchen
  • Computer Room
  • Heating Available
  • Kyrene del Milenio Rated A-
  • Central Air

About This Home

As of July 2021

Professional interior photos coming soon!


Brand new 6-year absolute triple-net (NNN) lease
Extremely secure tenant financials
Annual rate increases
$250k high-end buildout
Busy location right off the 202 and proximity to I-10 freeway
Located in the heart of prestigious Ahwatukee in Phoenix
Rare investment opportunity with competitive cap rate and brand new 6-year NNN lease. Luxury professional village suit, zero vacancies (in complex) and fully furnished. 5 offices, which includes 2 large private executive offices, one with connecting bathroom. Large conference room, beautiful waiting area and reception space. $250k buildout w/ high-end professional finishes and upgrades throughout. Granite countertops, travertine flooring, upgraded lighting, wood blinds and 14 foot high ceil lings.


For all inquiries contact David A. Leslie Direct:480-695-8000

Last Agent to Sell the Property

Tony Preston

Vantage Advisors LLC License #BR107734000 Listed on: 04/17/2021

Vantage Advisors LLC

Co-Listed By

Audrey Anthony

Vantage Advisors LLC License #SA683104000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

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Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,224

Year Built

  • Built in 2004

Lot Details

  • 3,078 Sq Ft Lot
  • Property is zoned CO

Home Design

  • Wood Frame Construction
  • Tile Roof

Interior Spaces

  • 3,078 Sq Ft Home
  • Computer Room

Parking

  • 5 Open Parking Spaces
  • 8 Parking Spaces
  • 3 Covered Spaces

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 121
  • Assessor Parcel Number 301-85-240

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Additional Features

  • Foothills Professional Village Condominium Subdivision
  • Operating Expense $6,724

Property Details

Property Type

Other

Est. Annual Taxes

$6,224

Year Built

Built in 2004

Lot Details

3,078 Sq Ft Lot

Listing Details

  • Cross Street: Chandler Blvd and 40th St
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: CO
  • Current Use: Office
  • Number Of Buildings: 1
  • Year Built: 2004
  • Tax Year: 2020
  • Lot Size Acres: 0.07
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: jparv01
  • Subdivision Name: FOOTHILLS PROFESSIONAL VILLAGE CONDOMINIUM
  • Structure Type: Office
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Flooring: Other

Exterior Features

  • Fencing: None
  • Construction Type: Frame - Wood
  • Roof: See Remarks, Tile
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Free: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Conference Room, Reception Room, Kitchen, Computer Room
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Computer Room: Yes

Lot Info

  • Lot Size Sq Ft: 3078.0
  • Additional Parcels: No
  • Parcel #: 301-85-240
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 6724.0
  • Leasable Area: 3078.0

Tax Info

  • Tax Annual Amount: 6224.0
  • Tax Book Number: 301.00
  • Tax Lot: 121
  • Tax Map Number: 85.00

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Ahwatukee, AZ

  • Carolyn Glass Real Estate Agent - Compass

    Carolyn Glass

    Compass

    (623) 263-9748

    80 Total Sales

    1 in Ahwatukee

    $647,000 Price

    Carolyn Glass
     Section Image
  • William Lewis Real Estate Agent - Williams Luxury Homes

    William Lewis

    Williams Luxury Homes

    (623) 526-0589

    115 Total Sales

    1 in Ahwatukee

    $550,000 Price

    William Lewis
     Section Image
  • Nicole Hedges Real Estate Agent - Russ Lyon Sotheby's International Realty

    Nicole Hedges

    Russ Lyon Sotheby's International Realty

    (833) 944-0726

    46 Total Sales

    4 in Ahwatukee

    $490K - $1.5M Price Range

    Nicole Hedges
     Section Image
  • John Hoge III Real Estate Agent - Retro Real Estate

    John Hoge III

    Retro Real Estate

    (877) 589-6790

    59 Total Sales

    1 in Ahwatukee

    $480,000 Price

    John Hoge III
     Section Image
  • Kimberly May Wang Real Estate Agent - Realty ONE Group

    Kimberly May Wang

    Responds Quickly

    Realty ONE Group

    (623) 263-7526

    74 Total Sales

    1 in Ahwatukee

    $445,000 Price

    Kimberly May Wang
     Section Image
  • Ana Benavides Real Estate Agent - eXp Realty

    Ana Benavides

    eXp Realty

    (623) 299-2906

    133 Total Sales

    4 in Ahwatukee

    $415K - $575K Price Range

    Ana Benavides
     Section Image
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/19/2021 07/19/21 Sold $742,000 -6.1% $241 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $790,000 -- $257 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Agents Affiliated with this Home

  • Tony Preston Real Estate Agent - Vantage Advisors LLC

    Seller's Agent in 2021

    Tony Preston

    Vantage Advisors LLC

    (602) 615-1383

    15 Total Sales

    Tony Preston
    Section Image

  • AA

    Seller Co-Listing Agent in 2021

    Audrey Anthony

    Vantage Advisors LLC

    Section Image

  • N

    Buyer's Agent in 2021

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6222985

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85048 Ahwatukee

16515 S 40th St Unit 141, Phoenix, AZ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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