1301 E MCDOWELL Road, Phoenix, AZ 85006

$3,100,000
Property Type: Comm/Industry Sale Square Footage: 28,834 Lot Size (sq. ft.): 53,218 Status: Closed
Current Price: $3,100,000 List Date: 1/15/2020 Last Modified: 1/21/2025

Overview

Description

• Multi-Tenant Medical/Office Building • Brand New Monument Signage • Ample Parking of 4.00/1,000 with additional street parking • 3-story parking structure with ample covered parking • Value creation through Opportunity Zone benefits, re-position/lease-up, rising rates in a growing area • Less than 1/2 mile from North 7th St and I-10 full diamond interchange • Bus stop out front and less than 2 miles from the light rail

Listing Details MLS# 5864372

Location, Tax & Legal

Map Code/Grid
P34
House Number
1301
Compass
E
Street Name
MCDOWELL
St Suffix
Road
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85006
Zip4
2605
Country
US
County Code
Maricopa
Subdivision
BURROUGHS
Assessor Number
116-22-025-A
Tax Year
2017

Contract Info

Ownership
Other (See Remarks)

General Property Description

Ttl Apx SqFt Bldg
28834
# of Buildings
Yes
Year Built
1986
Uncvrd Parking Spcs
47
Zoning
C-2

Remarks Misc

Cross Street
E McDowell Rd & N 13th St

Status Change Info

Off Market Date
2020-01-15
Under Contract Date
2020-01-14
Close of Escrow Date
2020-02-28

Legal Info

Township
1N
Range
3E
Section
4
Lot Number
Yes

More Information

Sold Info

Loan Type
Cash
Payment Type
Other
Clsing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$

Property Features

Building Type: Office Business Type: Dental; Medical; Professional/Office Stories: 2 Stories Construction: Other Roofing: Other Floors: Other Ceiling Height: 8.1 Feet to 10 Feet Heating: Other; See Remarks Cooling: Other; See Remarks Loading Facilities: Other (See Remarks) Interior Features: Other (See Remarks) Fencing: Other; See Remarks Parking Features: Parking Structure; Paved Electric: Other (See Remarks) Gas: Other (See Remarks) Water Source: Other; See Remarks Sewer: Other New Financing: Other (See Remarks) Lockbox Type: None Source of Fincl Data: Other (See Remarks) Existing 1st Loan: Other (See Rmks) Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Environmental: Other (See Remarks)
IDX
Listing Office: The Menlo Group Commercial Real Estate
Last Updated: January - 21 - 2025
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