Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 1986
Building Area
Occupancy 95.0 %

Property Description

Since 2012 more than $22.9 million of capital has been invested into Anchor Centre, including lobby modernizations, renovated common areas, restrooms, amenity spaces, and modern tenant improvement packages, which has served as a catalyst for the recent leasing velocity.

Investment Highlights

Jones Lang LaSalle, Inc. (“JLL”), as exclusive advisor, is pleased to present this offering for Anchor Centre (the “Property”), a 333,014 square foot, Class-A office asset located off the prestigious intersection of 24th Street and Camelback Road. Currently 94.8% leased, the asset provides investors with a unique combination of stable in-place cash flows, credit tenancy, mark-to-market upside potential, and the opportunity to acquire the asset at a significant discount to replacement cost.
Last Updated Date: 02 Sep 2020
Benjamin Geelan
Benjamin Geelan
Director, Capital Markets
License details
AZ-SA651991000
Michael Leggett
Michael Leggett
Senior Managing Director, Office Group Leader
License details
CA-01056334

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Last Updated Date: 02 Sep 2020

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