- Ask Price – $5,350,000
- 41,204 SF Class B office space
- Currently 97% Occupied
- Year 1 Projected CAP – 8.10%
- Highly Desirable Ahwatukee Location
This offering consists of a highly desirable 41,204 SF multi tenant Class B office building. The property is all but full at 97% occupancy while still leaving value add opportunity as the Ahwatukee market begins to stabilize and market rents continue to increase. Foothills Center comfortably parks at a 4:1,000 SF parking ratio and offers desirable monument signage visible from Ray Rd, one of the main thoroughfares through the community. The property is in very good condition with no deferred maintenance and has been extremely well managed and maintained under the current ownership.