14050 83Rd Ave Peoria, AZ 85381
Peoria, AZ Office Complex: Value-Add Opportunity
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Class A office park in Peoria, AZ, offering a value-add investment opportunity.
- Two two-story buildings totaling 144,597 square feet on a 10.9-acre lot, located at Loop 101 and Thunderbird Road & 83rd Ave.
- Built in 2005, with adaptable space for various businesses; currently 73.1% occupied, generating $1,690,161 NOI.
- In-place rents are approximately 15% below market, with a 2.2-year average remaining lease term, presenting significant upside potential.
Property Details for 14050 83Rd Ave
- Property type
- Office properties
- Square Feet
- 144,597 SF
- Class
- A
- Year Built
- 2005
- Buildings
- 2
- Stories
- 2
- Lot Size (sq. ft)
- 474,804 SF
Location Insight
- City
- Peoria
- County
- Maricopa
- State
- Arizona
- Latitude
- 33.6122267
- Longitude
- -112.2381575
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - Peoria, AZ Office Complex: Value-Add Opportunity
- Where is the office property located?
- The property is located at 14050 83Rd Ave Peoria, AZ.
- What are key features of this property?
- This property features: Class A office park in Peoria, AZ, offering a value-add investment opportunity.; Two two-story buildings totaling 144,597 square feet on a 10.9-acre lot, located at Loop 101 and Thunderbird Road & 83rd Ave.; Built in 2005, with adaptable space for various businesses; currently 73.1% occupied, generating $1,690,161 NOI.
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