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8601 N Black Canyon Highway,
Phoenix, AZ 85021

$1,400,000 MLS: 5640354

Value ADD Opportunity! This two Parcel and two Building Office Complex was built in 1980. Building has been non-professionally managed. Currently 70% vacant. Rents range from $10 to $12 per square foot GROSS (Full Service). Market Rents range from $12 per SF to $20 per SF GROSS (Full Service). Proforma Value of $1,721,000 at a 7 cap with $11 Gross Rents (Market Low) at 75% Occupied. Terrific Visibility from the I-17 Black Canyon Hwy. Within 1 mile of Metro Center and the Future METRO Light Rail Extension.
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