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Phoenix, AZ Warehouse Foreclosure Property

DISCOUNTED: 32%
APPRAISED VALUE: $6,300,000
OFFERING PRICE: $4,300,000


FORECLOSURE
INVESTMENT OFFERING

TWO OFFICE/WAREHOUSE FACILITIES
NORTH CANYON RANCH INDUSTRIAL PARK
NEAR INTERSTATE 17 AND LOOP 101
PHOENIX, ARIZONA


PROPERTY DETAILS
Two Industrial Properties
26,152 SF and 15,000 SF
Can be utilized as either one or two office/warehouses

LOCATION
North of Phoenix
23619 N. 35th Drive
Glendale, Arizona

Appraised Value: $6,300,000
Discounted Offering Price: $4,300,000
Offered at 68% of Appraised value

Marketed Exclusively by:
DLG REALTY AND INVESTMENTS
LAS VEGAS, NEVADA



PROPERTY OVERVIEW

PROPERTY DESCRIPTION Two Industrial Warehouse Properties
    Phoenix, Maricopa County, Arizona
PHYSICAL LOCATION 23619 and 23639 North 35th Drive
   North Canyon Ranch Industrial Park
   Glendale, Arizona 85310
ASSESSOR’S PARCEL NUMBERS (APN)
   205-11-876A – Property One
   205-11-874A – Property Two
SITE SIZES
   1.377+/- Acres or 59,998+/- SF – Property One
   1.131+/- Acres or 49,278+/- SF – Property Two
IMPROVEMENT SIZES
   Property One - 26,152+/- Square Feet Total
     4,778+/- SF Office Area
     21,374+/- SF Warehouse/Shop Area
   Property Two - 15,000+/- Square Feet Total
     1,508+/- SF Office Area
     13,492+/- SF Warehouse/Shop Area
YEARS CONSTRUCTED
   1991 - Property One
   1995 – Property Two
CONSTRUCTION FEATURES
   Reinforced Concrete Footings/Foundation
   Concrete Panel and Block/Stucco Ext. Walls
   Metal Framed Plate Glass Windows
   Flat Roof over Steel and Wood Trusses
   Interior Offices – Painted Drywall and Panel
   Walls and Carpet and Tile Floor Coverings
   5 At-Grade and 3 Truck Well Dock Doors
   Parking Ratio of 2 Spaces Per 1,000 SF
SPECIAL FEATURES Buildings Connected By Common Wall With
   Access Through a Connecting Overhead Rolling Door
OCCUPANCY Single Occupant or Slight Modifications to
   Accommodate Two Separate Occupants


OFFERING HIGHLIGHTS
  • TWO OFFICE/WAREHOUSES
  • NORTH OF PHOENIX IN GLENDALE AREA
  • NORTH CANYON RANCH INDUSTRIAL PARK
  • PROPERTY ONE HAS 21,374+/- SF OF WAREHOUSE/SHOP AREA
         AND 4,778+/- SF OF TWO-STORY OFFICE AREA
  • PROPERTY TWO HAS 1,508+/- SF OF OFFICE AREA AND 13,492+/- SF OF
         WAREHOUSE/SHOP SPACE
  • 800 AMP ELECTRICAL SERVICE
  • FIRE SUPRESSION SPRINKLER SYSTEMS IN BOTH BUILDINGS
  • FULLY FINISHED – READY FOR OCCUPANCY
  • BUILDINGS CONNECTED BY COMMON WALL WITH CONNECTING OVERHEAD
         ROLLING DOOR
  • EACH BUILDING HAS OWN SEPARATE TAX PARCEL LOTS, STREET
         ACCESS, LOADING DOORS, RESTROOMS, OFFICE AREAS,
         WAREHOUSES AND UTILITY METERS
  • SINGLE OCCUPANT READY
  • CAN BE MODIFIED TO ACCOMMODATE TWO OCCUPANTS
  • TWO PARKING SPACES PER 1,000 SQUARE FEET
  • WEST OF INTERSTATE 17 AND NORTH OF AGUA FRIA FREEWAY
  • NEAR PUBLIC TRANSPORTATION ROUTES
  • CLOSE TO TRUCKING ROUTES AND UNION PACIFIC RAIL LINES
  • CONVENIENT ACCESS VIA INTERSTATE 17 AND INTERSTATE 10 TO
         PHOENIX SKY HARBOR INTERNATIONAL AIRPORT, DOWNTOWN PHOENIX,
         AND ALL PARTS OF THE PHOENIX, GLENDALE AND SCOTTSDALE
         METROPOLITAN AREAS

Contact Person's Name: James Jarrell
Contact Phone Number: +1 702-882-8657
Contact E-mail address: jjarrelldlgrealty@yahoo.com
Brokerage Name: DLG Realty and Investments

Submitted by: admin
Property ID Number: 18
Property ID Name: Phoenix Warehouse
Added: Thu Apr 24 2008
Last Modified: Wed Apr 30 2008

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