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3806 N 3rd St and 222 E Clarendon Ave 2 Properties Offered at $4,152,862 CAD in Phoenix, AZ

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INVESTMENT HIGHLIGHTS

  • Billboard included with purchase.
  • 100% leased multi-tenant investment.
  • Situated in the heart of Midtown Phoenix.

EXECUTIVE SUMMARY

Available for Sale is 3806 N 3rd Street and 222 E Clarendon Avenue, Phoenix, Arizona comprised of a medical/office building approximately 7,068 square feet, a warehouse building approximately 5,328 square feet in size on two parcels of land totaling approximately 28,524 square feet, along with a billboard. The property is well-located in the heart of Midtown Phoenix. This is an opportunity to own a rare office/warehouse property in Midtown Phoenix. The property is currently 100% leased to four tenants.
The property consists of two separate buildings on two separate parcels of land. The front building is a medical/office building that is leased to three tenants - a dentist, an acupuncturist, and a counseling office. The back building is leased to one warehouse tenant. All of the leases are short-term, with options to renew at market. The buildings sit on two parcels of land that are zoned C-2 and P-1, City of Phoenix. There is also a billboard on the property that is leased.

PROPERTY FACTS

Price $4,152,862 CAD
Price / SF $326.28 CAD / SF
Cap Rate 4.56%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 12,728 SF
Total Land Area 0.67 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
222 E Clarendon Ave, Phoenix, AZ 85012 Industrial 5,680 SF 1970 -
3806 N 3rd St, Phoenix, AZ 85012 Office 7,048 SF 1954 -
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  • Listing ID: 35432491

  • Date on Market: 2025-04-09

  • Last Updated:

  • Address: 3806 N 3rd St and 222 E Clarendon Ave, Phoenix, AZ

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