DUNLAP EXECUTIVE OFFICES

2301 West Dunlap Avenue Phoenix, AZ 85021

2301 West Dunlap Avenue, Phoenix, AZ, 85021
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$2,950,000
Last Verified:
Sep 06, 2023


Description

Introducing the Dunlap Executive Offices, a prime investment opportunity located at 2301 W Dunlap Avenue in Phoenix, AZ. This exceptional property is now available for sale at an attractive price of $2,950,000. Built in 1985, this one and two-story garden-style construction offers a total of 41,572 SF (+/-) of space, making it an ideal opportunity for new ownership and management to add significant value.

The property is zoned C-O, allowing for various potential uses, including redevelopment into multi-family units. Conveniently situated on the light rail with easy access to I-17, downtown Phoenix, Sky Harbor Airport, and the Metrocenter Redevelopment, this location offers exceptional connectivity and convenience. With three parcels totaling approximately 124,961 SF, there is ample room for future expansion or reconfiguration.

Don't miss out on this incredible investment opportunity. Whether you're an investor looking for a value-add play, a developer exploring redevelopment potential, or a savvy buyer seeking below-market rents and occupancy, the Dunlap Executive Offices have it all. For more information, contact Neil Sherman, CCIM, Managing Director, at 602.566.7210 or neil.sherman@sperrycga.com, or Renee A. Rojas, Senior Associate, at 602.566.7206 or renee.rojas@sperrycga.com. Visit our website at www.SperryCGA.com for more listings and information.

Located near I-17 and the MetroCenter Redevelopment Project


Year Built: 1985
Building Size: 41572sq ft
Building Class: B
Lot Size: 2.87 acres

Map of 2301 West Dunlap Avenue, Phoenix, AZ, 85021

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.