Closed
3550 N Central Avenue
Phoenix AZ, 85012
$5,100,000
$17.91 per sqft
Closed
284,709 sqft
Other
Built in 1958
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.
6282464
MLSⓇ ID
August 20, 2021
Listed
May 10, 2024
Updated
Map
3550 N Central Avenue
Phoenix AZ, 85012
Interior Features
Floor Description
Other
Fireplace
No
Cooling
Yes
Cooling Description
Central A/C
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
4.41 Acres
Roof
See Remarks
Sewer
Public Sewer
Other Property Details
Taxes
$248,937
Tax Frequency
Annually
Days on Market
112
Garage
No
Parking
Other (See Remarks)
Parking Total
1105
View
No
County
Maricopa
Water Source
City Franchise
Pool
No
Zoning
PUD
Buyer Agency Compensation
1.75%
Courtesy of R.O.I. Properties, Beth Jo Zeitzer
Listing Contact: 602-319-1326
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Karas Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data Last Updated: 8:23 PM UTC, 5/10/2024.