2001-2025 N 16th St, Phoenix, AZ 85006

Location: Located at the Northeast corner of North 16th Street and East Palm Lane, Phoenix AZ 85006. All retail stores are at 16th Street. All residential units are at 1610 -1618 E. Palm Ln. and North 17th street. Improvements The improvements consist of 16 separate commercial and residential buildings with a square footage of 21,706. Size Area and Parcel: Eight parcels totaling approximately 2.65 acres – 115,434 sq ft. Investment Highlights: The property is approximately 100% leased to 25 tenants. Please refer to the Lease Summary for details. All commercial tenants have long-term leases and annual rent increases. Situated between busy intersections with 24 hour traffic counts of 32,500 vehicles on 16th street between McDowell Road and Thomas Road. The property has wide open land, suitable for re-development opportunity.