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
Last Updated: November - 06 - 2025
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