Investment Overview
SVN Desert Commercial Advisors is pleased to present for sale a multitenant, 7 unit office building in close proximity to Downtown Glendale, AZ. There is significant upside for an investor to budget for interior suite, parking lot, and exterior capital expenditures, while increasing occupancy. There is also ample opportunity to increase cash flow by boosting tenancy, rasing rents, and structuring longer term leases for qualified tenants.
Investment Highlights
- Seller willing to guarantee 12 months' rent on any vacant units at the time of sale
- 7-Unit Multi-Tenant Office Building for Sale
- Significant Upside Potential through Cap Ex and Rent Growth
- Flexible C-2 Zoning Allowing for Retail and Traditional Office/Medical Tenancy
- Close Proximity to Downtown Glendale, AZ
- Nearly 550,000 Residents within a 5-Mile Radius
- ±35,000 VPD Along Glendale Ave