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$925,000
Phoenix, AZ 85014
MLS# 6644739
1 / 34
Property Description
The Doyle Building is a 2, 102 square feet, single-level, mid-century modern office building designed by award-winning architect Gerald A. Doyle, located in midtown Phoenix. This rare multi-tenant commercial property includes 10 surface parking spaces. Tenants pay their own Electric, Phone, TV and Internet. Suites 102 & 103 each have 2 offices, a private restroom, storage and are contiguous, for a total of 1, 000 square feet. Suite 101 has 3 Private Offices, Lobby, Kitchen, Flex Room, Restroom and Large Conference Room/Lounge Area. The Doyle Building is located in Midtown Phoenix, just minutes from the Golden Corner of 24th Street & Camelback, Camelback Corridor, Downtown Phoenix, Sky Harbor International Airport, SR-51 Freeway and numerous Valley hotspots. 100% Leased. Owner/Agent.
Details
Maps
Contract Info
Current Price: $925,000
List Price: $925,000
Status: Active
List Date: 2024-01-01
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 4331
Compass: N
Street Name: 12th
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Country: USA
County Code: Maricopa
Assessor's Map #: 6
Assessor's Parcel #: 21
Assessor Parcel Ltr: A
Add'l Parcels: No
Assessor Number: 155-06-021-A
Legal: LONGVIEW PLACE PT LOT 9 BLK 2
Tax Municipality: Phoenix
Taxes: 3172
Tax Year: 2023
Marketing Name: The Doyle Building
General Property Description
Type of Property: Professional Office
Ttl Apx SqFt Bldg: 2102
Ttl Apx Net Rnt Spc: 2100
# of Buildings: 1
Lot Size Dimensions: IRR
Year Built: 1973
Uncvrd Parking Spcs: 10
Zoning: R-5, Phoenix
Flood Zone: No
Remarks & Misc
Cross Street: 12th Street / Camelback Road
Directions: From 12th Street & Camelback Road, head south to subject property on east side (left hand side) of 12th Street.
Geo Lat: 33.499392
Geo Lon: -112.056033
Status Change Info
Status Change Date: 2024-01-17
Legal Info
Lot Number: 9
Income & Expenses
Annual Ins Exp: 2155
Annual Landscape Exp: 1800
Annual Maint Exp: 1500
Annual Trash Exp: 1343
Annual Wtr/Swr Exp: 1512
Owner Association: No
Annual Other Expense: 4930
Operating Exp: 16412
Gross Annual Sch Inc: 60000
Other Income: 16740
Adjusted Gross Inc: 76740
Net Operating Income: 60073
Pmt & Rate Info
Cap Rate: 6.49
Equity: 925000
Showing Notification Methods
Showing Service: No Showing Service Used
Property Features
Building Type: Commercial; Office
Current Use: Office
Stories: 1 Story
Construction: Stucco
Roofing: Foam
Floors: Concrete; Other
Ceiling Height: 8.1 Feet to 10 Feet
Heating: 2 or More Units
Cooling: Central A/C
Loading Facilities: None
Interior: Finished; Security System; Security Light(s); Alarm System; Private Restrooms
Exterior: Corner Lot; Landscaping; Security Light(s); Security Camera(s)
Fencing: Security
Amenities: Conference Room; Reception Room; Kitchen
Parking: Free; Private Parking; Paved Parking
Electric: APS; Individual Meter
Gas: None
Water: City Franchise
Sewer: Sewer - Public; Sewer-In & Connected
Freeway/Highway: Up to 1 Mile
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Special: Owner/Agent
Source of Fincl Data: Provided by Owner
Existing 1st Loan: SBA
Existing 1st Ln Type: Fixed
Existing 1st Ln Trms: Non Assumable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Roads/Streets: Asphalt; Sidewalk(s)
Traffic Count: 5,001 to 15,000
Reports/Disclosures: None
Use Restrictions: Currently Leased
Environmental: None
Listing Office: Vestis Group
Last Updated: January - 17 - 2024
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