2051 Northern Ave Phoenix, AZ 85021

This exceptional Phoenix, Arizona executive office building, the Northern Business Center, presents a compelling investment opportunity. Boasting 30,205 square feet, this Class B property is situated on a prominent hard corner at a signalized intersection on Northern Avenue, offering excellent visibility and accessibility. Built in 2000, the building features timeless modern architecture and benefits from a low cost of occupancy due to an assumable loan with a low interest rate extending to November 2027 and existing tenant income. The property includes ample parking, providing 4.2 spaces per 1,000 square feet, with a total of 110 stalls, 80 of which are covered. Convenient freeway access is just two blocks away from I-17. Monument signage on Northern Avenue provides excellent tenant identity. The asking price is $4,250,000, translating to $140.71 per square foot. This property offers a unique blend of strong location, attractive financing, and existing income stream, making it an ideal acquisition for owner-users or investors seeking a stable, high-visibility asset in a thriving Phoenix market.