839 E CAMELBACK Road, Phoenix, AZ 85014

$3,500,000
Property Type: Comm/Industry Sale Square Footage: 11,545 Lot Size (sq. ft.): 22,063 Status: Closed
Current Price: $3,500,000 List Date: 9/13/2024 Last Modified: 11/06/2025

Description

Prime Investment Opportunity in Phoenix Own this exceptional income-producing property located in the highly sought-after gateway to Camelback Corridor. Featuring a solid gold tenant with a 10-year NNN lease and impressive high operating income (NOI), this gem offers 4% annual increases and is situated in a high-traffic, high-rent district. Property Highlights: Open Retail Space: Versatile layout for various business. Commercial Kitchen: Fully equipped for food service operations. Ample Storage: Generous storage space to support business operations. Offices Overlooking Operations: Functional offices with a clear view of the retail area. Roll-Up Door: Convenient access for deliveries and logistics. Fenced Rear Lot: Secure and private outdoor space. Turn key 1031 exchange!

More Information MLS# 6756930

Contract Info

Ownership: Fee Simple Current Price: $3,500,000 Sold Price: $3,500,000 Status: Closed List Date: 2024-09-13

Location, Tax & Legal

Assessor's Map #: 21 Legal Description (Abbrev): LOT 1 CHARANN TRACT CONSOLIDATED MCR 015712 Assessor's Parcel #: 72 Add'l Parcels: No Tax Municipality: Phoenix Census Tract: 108602 Taxes: 19302 Legal: LOT 1 CHARANN TRACT CONSOLIDATED MCR 015712 House Number: 839 Compass: E Street Name: CAMELBACK St Suffix: Road City/Town Code: Phoenix State/Province: AZ Zip Code: 85014 Zip4: 3633 County Code: Maricopa Subdivision: CHARANN TRACT CONSOLIDATED Assessor Number: 155-21-072 Tax Year: 2023

General Property Description

Type of Property: Commercial Mix Use Ttl Apx SqFt Bldg: 11545 # of Buildings: 1 Uncvrd Parking Spcs: 14 Lot Size Dimensions: 259.91-84.47-260.55-84.92 Flood Zone: No Year Built: 1979 Zoning: C2

Currently Not Used

Sold Price Per SqFt: 320.92

Legal Info

Range: 3E Section: 21 Township: 2N Lot Number: 1

Construction

Block: 1 Stucco: 1

Roofing

Built-Up: 1

Floors

Concrete: 1 Vinyl: 1 Ceramic Tile: 1

Bay Info

# of Bay Doors: 1

Income & Expenses

Annual Elec Exp: 0 Annual Gas Exp: 0 Annual Ins Exp: 0 Annual Land Lse Exp: 0 Annual Landscape Exp: 0 Annual Legal & Acctg: 0 Annual Maint Exp: 0 Annual Mgmt Exp: 0 Annual Trash Exp: 0 Annual Wtr/Swr Exp: 0 Owner Association: No Annual Ownr Asoc Fee: 0 Annual PAD Fee: 0 Operating Exp: 19302 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 287198

Building Type

Commercial: 1

Business Type

Mixed: 1 Retail: 1

Stories

2 Stories: 1

Pmt & Rate Info

Cap Rate: 7.75 Equity: 3705000 Total Owed: 0

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Email: 1 Phone Call: 1

Lockbox Type

See Private Remarks: 1

Ceiling Height

10.1 Feet to 12 Feet: 1 14.1 Feet to 16 Feet: 1

Heating

Electric: 1 2 or More Units: 1

Cooling

Central Air: 1 Office A/C: 1

Interior Features

Fire Sprinklers: 1 Smoke Detector(s): 1 Security System: 1 Security Camera(s): 1 Alarm System: 1 Private Restrooms: 1 Public Restrooms: 1

Loading Facilities

Grade Level: 1

Road Surface Type

Asphalt: 1

Exterior

Storage Yard: 1 Building Sign: 1 Sidewalk(s): 1 Monument Sign: 1 Security Camera(s): 1

Source of Fincl Data

Owner: 1

Traffic Count

50,001 to 75,000: 1

Fencing

Block: 1 Security: 1

Water Source

City Franchise: 1

Freeway/Highway

Frontage: 1 1.1 - 2 Miles: 1

Building Features

Conference Room: 1 Clean Room: 1 Showroom: 1 Cafeteria: 1 Kitchen: 1 Security Gate: 1

Sewer

Sewer - Public: 1

Railroad

Available: 1

Parking Features

Fenced: 1 Free: 1 Parking Lot: 1 Private: 1 Paved: 1

Electric

APS: 1

Gas

SW Gas: 1 None: 1

New Financing

1031 Exchange: 1 Other (See Remarks): 1

Existing 1st Loan

Treat as Free&Clear: 1

Existing 1st Loan Terms

Not Applicable: 1

Reports/Disclosures

Seller Prop Disc Stm: 1

Environmental

None: 1

Contact Info

List Agent Home Phn: 623-979-0065

Sold Info

Loan Type: Other Payment Type: Other Clsing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: N 7th St and E Camelback Rd Directions: Head North on N 7th St. Turn right onto E Camelback Rd. Turn right. Geo Lat: 33.50876 Geo Lon: -112.062066

Status Change Info

Off Market Date: 2025-08-23 Under Contract Date: 2025-08-21 Close of Escrow Date: 2025-11-05 Sold Price: $3,500,000

Income Expenses

Gross Annual Sch Inc: 287198 Net Operating Income: 287189

Property Features

Building Type: Commercial Business Type: Mixed; Retail Stories: 2 Stories Construction: Block; Stucco Roofing: Built-Up Floors: Concrete; Vinyl; Ceramic Tile Ceiling Height: 10.1 Feet to 12 Feet; 14.1 Feet to 16 Feet Heating: 2 or More Units Cooling: Central Air; Office A/C Loading Facilities: Grade Level Interior Features: Fire Sprinklers; Smoke Detector(s); Security System; Security Camera(s); Alarm System; Private Restrooms; Public Restrooms Exterior: Storage Yard; Building Sign; Sidewalk(s); Monument Sign; Security Camera(s) Fencing: Block; Security Building Features: Conference Room; Clean Room; Showroom; Cafeteria; Kitchen; Security Gate Parking Features: Fenced; Free; Parking Lot; Private; Paved Electric: APS Gas: SW Gas; None Water Source: City Franchise Sewer: Sewer - Public Railroad: Available New Financing: 1031 Exchange; Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: See Private Remarks Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Terms: Not Applicable Road Surface Type: Asphalt Traffic Count: 50,001 to 75,000 Environmental: None
Listing Office: Century 21 Northwest
IDX
Last Updated: November - 06 - 2025
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