The subject property consists of a 3,430 square foot office condo located along 40th Street, just north of Greenway Rd. The property is in the North Paradise Valley office submarket and presents an excellent opportunity for either medical or general office users. The property was recently renovated and is up to date with the latest finishes. It is currently owner occupied, however will likely be delivered vacant at close of escrow.
The subject property consists of a 3,430 square foot office condo located along 40th Street, just north of Greenway Rd. The property is in the North Paradise Valley office submarket and presents an excellent opportunity for either medical or general office users. The property was recently renovated and is up to date with the latest finishes. It is currently owner occupied, however will likely be delivered vacant at close of escrow.
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.
