$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
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
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.