1915 N 16th St, Phoenix, AZ
Bakery with ovens, freezer, refrigerator, and immediate highway access.
- Added:
- Oct 9, 2024
- Days on Market:
- 611
- Last Refresh:
- May 20 at 8:31 pm
Property Features for 1915 N 16th St
General Information
- Standard status
- Active
- Size
- 4,340 SF
- Lot size
- 0.14 Acres
- Property subtype
- OFFICE
Listing agent Joe Cosgrove License #SA649531000 (480) 628-4753
Listing office LevRose Commercial Real Estate (480) 628-4753
Listing date Oct 9, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of LevRose Commercial Real Estate
HighLights
- Turnkey Bakery: Ready for immediate occupancy
- Extensive Bakery FF&E Included: Significant value with included fixtures, furniture, and equipment
- Convenient Location: Immediate access to I‑10 & SR‑51 highways
- Walk‑In Freezer & Refrigerator: Essential equipment for bakery operations
- Ideal for Distribution: Features storage racks and a roll‑up door
- Ovens Included: Essential for bakery operations
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.7k | $21.60 |
| − Vacancy | −$7.5k | −$1.73 |
| EGI | $86.2k | $19.87 |
| − OpEx | −$21.6k | −$4.97 |
| NOI | $64.7k | $14.90 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.047
- Latitude
- 33.469
