839 Camelback Rd Phoenix, AZ 85014-3633

Property Details for 839 Camelback Rd

Year built

1979

Construction

CONCRETE

Lot size

0.51 lot acres

Property size

9,545 SF

Zone code

C-C

Property type

Retail space

APN

155-21-072

APU

15521072

Description

This exceptional Phoenix commercial property, located at 839 E Camelback Rd, presents a prime investment opportunity. Priced at $3,950,000, this special-purpose land boasts a solid gold tenant secured by a 10-year NNN lease, ensuring consistent income generation. The property features a high net operating income (NOI) with a 4% annual increase built into the lease, providing strong returns for investors. Situated in a high-traffic, high-rent district within the desirable Camelback Corridor, this location offers unparalleled visibility and accessibility. The property itself includes versatile open retail space ideal for a variety of businesses. A fully equipped commercial kitchen is perfect for food service operations, complemented by ample storage space for efficient business management. Functional offices overlook the retail area, providing excellent operational oversight. Convenient roll-up doors facilitate easy deliveries and logistics, while a fenced rear lot offers secure and private outdoor space. This turnkey property is also an excellent candidate for a 1031 exchange. This is a rare opportunity to acquire a high-performing asset in a prime Phoenix location. The property's strong tenant, long-term lease, and exceptional location make it an attractive investment for discerning buyers. Don't miss this chance to own a piece of the thriving Camelback Corridor.

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Longitude

-112.062

Latitude

33.5088

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments