Commercial Properties for Sale

Use income capitalization (NOI/cap rate), sales comps, or cost approach—e.g., a 10,000 SQFT Phoenix office might value at $300-500/SQFT based on lease stability. We offer CMAs leveraging local data to ensure accurate pricing.

Common reasons include retirement, portfolio shifts, or redevelopment—always verify via seller disclosures. In AZ, we scrutinize for hidden motives like zoning changes to protect your investment.

Review leases, financials (P&Ls), environmental reports (Phase I ESA), title searches, and appraisals—aim for 30-60 days in AZ contracts. Our team coordinates with experts to uncover issues like deferred maintenance.

Inspect HVAC, roof, ADA compliance, and seismic standards (key in AZ)—budget 1-2% of value annually for upkeep.

Confirm boundaries via ALTA survey and zoning for intended use (e.g., C-2 for retail)—AZ allows rezoning petitions, but it takes 3-6 months. We verify early to avoid surprises.

Seek triple-net (NNN) leases with creditworthy tenants (e.g., national chains); review expiration dates and escalations. In Phoenix, 70% occupancy is ideal—our listings highlight tenant quality.

2-5% of purchase price (~$20K-50K on $1M property), covering escrow, title, and transfer taxes ($2.20/$500 value). Sellers often pay commissions (4-6%); negotiate via our expertise.

Classifications affect financing and taxes—e.g., Class A offices in Phoenix command premiums. Match to your business; our agents specialize in multi-use conversions.

Yes, via AZ county petitions (fees ~$1K-5K, 2-4 months)—common for mixed-use. Ensure compatibility; we guide through the Phoenix Planning Department processes.

Options: sell after appreciation, refinance, or 1031 exchange—target 5-7 year holds in growing AZ markets. Our team models scenarios for optimal returns.