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740 East Highland Avenue

$3,600,000

740 East Highland Avenue, Phoenix, AZ 85014

Active
Last Updated: 04/17/2025

18,678 sqft

Building Size

C

Class

Details:
Building Size:    18,678 sqft
Class:    C
Highlights:
  • Owner/User Opportunity
  • Multi Tenant Building with Vacancy
  • $3,600,000
  • Building: /- 18,678
  • Three Strong medical tenants
  • Vacant Medical/Office Suite: 2,460 SF
Description:

Introducing a prime owner/user opportunity in the heart of Phoenix, AZ. This 18,678 square foot multi-tenant building offers an exceptional chance for an owner/user. With three strong medical tenants already in place, this modern and well-maintained facility presents an attractive income potential. The property's strategic location and ample parking further enhance its appeal, providing a secure asset for those looking to establish their presence in the thriving medical sector in the region. The vacant suite also presents an ideal office/medical opportunity, making it a versatile space for a new owner/user to customize to their needs. Don't miss out on the chance to secure a valuable property with promising potential in a sought-after area.

Phoenix AZ

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Documents:
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740_E_Highland_Ave.pdf
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Today's Available Mortgage Rates

740 East Highland Avenue, Phoenix, Arizona 85014

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 06/06/2025
Bank*Lender #1049
5 Year Fixed
25 Year Amortization
Interest rate 6.04% 5 Year Fixed
Mo. Payment$13,038 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 56% LTV $0 Lender fees
Loan Amount $2,016,000 Loan Amount
Details
Bank*Lender #1049
7 Year Fixed
25 Year Amortization
Interest rate 6.13% 7 Year Fixed
Mo. Payment$12,915 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 55% LTV $0 Lender fees
Loan Amount $1,980,000 Loan Amount
Details
Bank*Lender #1049
10 Year Fixed
25 Year Amortization
Interest rate 6.23% 10 Year Fixed
Mo. Payment$13,037 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 55% LTV $0 Lender fees
Loan Amount $1,980,000 Loan Amount
Details
Speak With a Loan Consultant

CommLoan is providing quotes for information purposes only. For additional information on the largest commercial real estate lending marketplace, visit: www.commloan.com.

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