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2602 29th ave
Phoenix, AZ 85009 Westside

$2,150,000 USD

Distribution For Sale  •  12,000 SF

Property Details

• Property Type Distribution
• Total Building Size 12,000 SF
• Lot Size 0.84 AC
• Building Class C
• Year Built 1970
• Cap Rate 7.54 %
• Zoning A2

44 Transit Score

48 Walk Score

Highlights

TRIPLE NET LEASE – Passive Income Opportunity

AVERAGE OF 4.76% ANNUAL RENT INCREASE – Hedge Against Inflation

LOCATED IN OPPORTUNITY ZONE – Benefits to Avoiding Capital Gains Taxes

PROXIMITY TO MAJOR HIGHWAYS – US-60, I-17, & I-10

HEAVY POWER – 3,000 Amps | 3 Phase

EXTENSIVE TENANT IMPROVEMENTS – Shows Tenant’s Commitment to Site

Property Flyers

2602 N 29th Ave - Phoenix AZ - Final OM

Cap Rate:

7.54 %

Public Transportation

Airport	Drive	Walk	Distance
Phoenix Sky Harbor International	17 min	-	10.2 mi
Phoenix-Mesa Gateway	50 min	-	37.4 mi