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4041 N Central

5 Office Properties in Phoenix, AZ

Office Space Arizona Phoenix 4041 N Central

Investment Highlights

  • Assumable debt with 3.66% interest rate - will deliver initial cash-on-cash return near 10%, exceptional in today’s interest rate environment.
  • Major tenant Maricopa County renewed early in 16% of the building, now with a 25-year total commitment to the property.
  • Building is perfectly positioned to attract target tenants.
  • 85% of the occupied space at 40 Forty-One is AA+ rated credit. US Government and Maricopa County Tenant lease commitments total 10-20 years.
  • At the intersection of hot Uptown amenities and Midtown's healthcare and innovation hub - in the heart of Phoenix's boom in tech and life science hub.
  • Simple path to higher occupancy income - an intelligent, proactive leasing plan, with generous TIs will result in an over 18% increase in occupancy.

Property Facts

Sale Type Investment Individually For Sale 0
Status Active Total Building Size 546,849 SF
Number of Properties 5 Total Land Area 14.49 AC
Sale Type Investment
Status Active
Number of Properties 5
Individually For Sale 0
Total Building Size 546,849 SF
Total Land Area 14.49 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
40Forty-One
4041 N Central Ave, Phoenix, AZ 85012 		Office 460,508 SF 1981 -
Building D
4041 N Central Ave, Phoenix, AZ 85012 		Office 8,253 SF 1980 -
Building C
4041 N Central Ave, Phoenix, AZ 85012 		Office 26,242 SF 1980 -
Building B
4041 N Central Ave, Phoenix, AZ 85012 		Office 26,242 SF 1980 -
Building A
4041 N Central Ave, Phoenix, AZ 85012 		Office 25,604 SF 1980 -
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(602) 224-4471

  • Listing ID: 28289963

  • Date on Market: 2023-04-21

  • Last Updated:

  • Address: 4041 N Central, Phoenix, AZ

Office PROPERTIES IN NEARBY NEIGHBORHOODS

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4041 N Central Ave
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4041 N Central
(602) 224-4471 x

4041 N Central

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Eric Wichterman

(602) 224-4471

(602) 224-4471

Steve Lindley

(602) 682-8241

(602) 682-8241

Alexandra Loye

(602) 625-4220

(602) 625-4220

Michael Coover

(602) 224-4473

(602) 224-4473

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