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1851 S 19th Ave
Phoenix, AZ 85007
Land For Sale
·
2.60 AC
Investment Highlights
- Zoned for both heavy and light industrial development
- Next door to freeway, seconds from interchange.
Executive Summary
Kidder Mathews is pleased to present this prime 2.6-acre, extremely rare infill A1/A2 Zoned Industrial investment property, in an Opportunity Zone, fronting the I-17 Interstate. The property is 100% leased to two strong tenants. The primary tenant, Ancora (a subsidiary of Lindenwood Education System), operates under a triple-net (NNN) lease extending through November 2030. The secondary tenant, Summit Brick Company, a masonry fabricator and distributor founded in 1902, occupies the remaining space on a month-to-month gross lease and has recently expressed interest in securing a long-term lease. This is an exceptional opportunity to acquire a fully leased, low-maintenance commercial property with strong income potential in a high-traffic, high-exposure location. Note: The billboard has a permanent easement and is not included in the sale.
Property Facts
1 Lot Available
Lot
| Price | $5,444,577 CAD | Lot Size | 2.60 AC |
| Price Per AC | $2,096,971.47 CAD |
| Price | $5,444,577 CAD |
| Price Per AC | $2,096,971.47 CAD |
| Lot Size | 2.60 AC |
2.6 acre industrial paved and fenced lot. Fully leased with a cap rate of 7%.
Description
Paved and fenced 2.6 acre lot with frontage along I-17
Property Taxes
| Parcel Number | 105-31-133A | Improvements Assessment | $0 CAD |
| Land Assessment | $86,894 CAD | Total Assessment | $86,894 CAD |
Property Taxes
Parcel Number
105-31-133A
Land Assessment
$86,894 CAD
Improvements Assessment
$0 CAD
Total Assessment
$86,894 CAD
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