Listing Courtesy: Russ Lyon Sotheby's International Realty - 480-287-5200
Property Description
Located at 379 E Monte Vista in Phoenix, this 6,252 SF, single-story office building—built in 1981 with durable masonry/reinforced concrete tilt-up construction—is nearly fully leased to stable individual wellness practitioners. Situated on a 0.144-acre lot, this asset benefits from a prime commercial location in a C-T/C1 zoned area close to downtown. With a healthy 8.71.% Cap Rate and consistent tax assessment history that reflects ongoing value appreciation, this property presents a great opportunity for the holistic-minded entrepreneur looking for a stable, income-producing investment.