NOT LISTED FOR SALE
-- Bed
-- Bath
259,730 Sq Ft
1985 Built

Last Sold June 01, 2017

Last sale price $10,046 $0 Per Sq Ft

128 Days on Market

Highlights

  • Central Air
  • Phoenix Coding Academy Rated A
  • Concrete Flooring

About This Home

As of June 2017

This is a premier three-story Class A office building with a Camelback address located at the NE corner of Camelback & 32nd Street. Beautiful modern-style lobby has lush plantings, a waterfall, and numerous seating groups. The suite being offered is on the first floor with direct entry to the lobby. The office windows face the lobby.

This is a great sublease opportunity offered at $26 PSF (this lease rate is $6 PSF below current asking rates). The lease includes 15 parking spaces at no cost. No yearly increase in base rental rate.

This was a former real estate office. The floor plan consists of a reception area, offices around the outside of the main space, and a break area with sink (total of 14 rooms). Open bullpen area in center which currently contains 18 movable cubicles that are negotiable. This is an ideal situation for a dense office operation using the 18 cubicles if you choose to use the space as presently configured (including cubicles). There is Cat 5 wiring throughout the office.

The sublease expires November 30, 2018. Building owner will consider entering into a new lease starting upon expiration of sublease.

Last Agent to Sell the Property

John Miller

Berkshire Hathaway HomeServices Arizona Properties License #BR005491000 Listed on: 01/24/2017

Berkshire Hathaway HomeServices Arizona Properties

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 1985

Home Design

  • Block Exterior

Interior Spaces

  • 259,730 Sq Ft Home
  • Concrete Flooring

Parking

  • 10 Open Parking Spaces
  • 15 Parking Spaces
  • 5 Covered Spaces

Additional Features

  • Property is zoned C-O
  • Central Air

Listing and Financial Details

  • Property Available on 1/24/17
  • Tenant pays for contents insurance, liability insurance
  • The owner pays for (see remarks)
  • Assessor Parcel Number 170-13-024-G

Property Details

Property Type

Other

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: NEC 32nd Street and Camelback Rd.
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Lease
  • Zoning: C-O
  • Lease Info Annual C A M Sq Ft: 10.26
  • Lease Info Annual Exp Stop Sq Ft: 9.46
  • Lease Info Annual Lease Price: 125372.0
  • Lease Info Annual Lse Prc P S F: 26.0
  • Lease Info Base Rent Escalation: No
  • Lease Info Lease Year Min Max: Sublease 11/30/2018
  • Lease Info Space Divisible: No
  • Lease Info Suite Floor Location: first Floor
  • Year Built: 1985
  • Tax Year: 2016
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Structure Type: Office
  • Tax Parcel Letter: G
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 259730.0

Exterior Features

  • Disclosures: None
  • Construction Type: Block
  • Roof: See Remarks
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Other (See Remarks)
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 15.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 15.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Central A/C
  • Heating: Other, See Remarks
  • Water Source: City Franchise

Lot Info

  • Additional Parcels: No
  • Parcel #: 170-13-024-G

Rental Info

  • Available Date: 2017-01-24

Multi Family

  • Owner Pays: Other (See Remarks)
  • Tenant Pays: See Remarks, Contents Insurance, Liability Insurance
  • Existing Lease Type: Gross, Deposit Required, Sublease
  • Leasable Area: 4822.0

Tax Info

  • Tax Annual Amount: 913633.0
  • Tax Book Number: 170.00
  • Tax Map Number: 13.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2017 06/01/17 Sold $10,046 -3.8% $0 / Sq Ft
05/31/2017 05/31/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $10,447 -- $0 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5550906

Arizona Regional Multiple Listing Service (ARMLS)