555 Turney Ave Phoenix, AZ 85013-2945
This exceptional 24,210-square-foot executive office building in Phoenix, Arizona, presents a unique owner/user investment opportunity. Located at 555 W Turney Ave, 85013, this two-story building boasts a modern design and was renovated in 2021. The asking price is $7,141,950, translating to $295 per square foot. The property features a flexible layout facilitated by modular glass walls, allowing for easy and cost-effective floorplan adjustments. A raised concrete flooring system offers similar adaptability for HVAC, electrical, and plumbing. Energy-efficient features include a clean air HVAC system, abundant natural light from glass-lined windows and skylights, supplemented by low-energy LED lighting. Amenities include a full kitchen, elevator service, lockers with showers, an outdoor terrace, private offices, conference rooms, phone booths, mindfulness rooms, and a podcast studio. The property is offered with a NNN lease type. This meticulously designed space caters to the modern professional, offering a sleek and elegant workplace. This is a rare opportunity to acquire a high-quality, well-appointed executive office building in a desirable Phoenix location.
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The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Phoenix, AZThe purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.