Phoenix Homes with Paved Parking Features

Phoenix Homes with Paved Parking Features

Welcome to Phoenix, Arizona, a vibrant city that perfectly marries the allure of the desert with the comforts of urban living. Nestled in Maricopa County, Phoenix is renowned for its stunning sunsets, year-round sunshine, and a rich tapestry of culture and history. Whether you're drawn to the bustling downtown scene, the serene beauty of the surrounding mountains, or the diverse neighborhoods that offer a slice of everything, Phoenix has something for everyone.

One of the standout features of homes in this dynamic city is the availability of paved parking. In a city known for its warm climate and active lifestyle, having a dedicated paved parking space is not just a convenience—it's a necessity. Imagine returning home after a day of exploring the Desert Botanical Garden or hiking Camelback Mountain, knowing you have a secure and accessible place for your vehicle. Paved parking enhances not only your home's functionality but also its curb appeal, making it an attractive option for potential buyers.

As you explore the Phoenix real estate market, you'll find a variety of homes with paved parking features, from charming single-family residences to modern townhouses. This thoughtful addition allows for easy access and provides peace of mind, especially in an area where outdoor activities are abundant.

Whether you’re a first-time homebuyer or looking to invest, Phoenix’s homes with paved parking offer a perfect blend of comfort and convenience. Embrace the desert lifestyle and discover your dream home in this thriving metropolis!

Newest Phoenix Homes with Paved Parking Features

$874,000
7063442 MLS 2,513 SqFt.
14001 N 7th Street, Suite E109 | Moon Valley Corporate Center | Phoenix, AZ 85022. Excellent opportunity to acquire a well-located professional office condominium in the established Moon Valley Corporate Center in North Phoenix. Suite E109 offers approximately 2,513 square feet of functional, move-in-ready office space ideally suited for an owner-user seeking a professional presence in a desirable and convenient location. The property provides an attractive alternative to leasing, allowing a business owner to build equity while controlling long-term occupancy costs. The flexible professional office layout is well suited for mortgage, real estate, financial services, legal, accounting, insurance, consulting, medical-related, or other professional uses. Click more... Located just north of 7th Street and Thunderbird Road, the property benefits from excellent visibility and convenient access to the surrounding North Phoenix, Moon Valley, Scottsdale, and Paradise Valley areas. Nearby transportation corridors provide easy connectivity to SR-51, I-17 and Loop 101, making the location convenient for both employees and clients. Moon Valley Corporate Center offers an attractive professional setting with convenient parking and close proximity to restaurants, retail, banking, residential neighborhoods, and other business services. The North Phoenix location is surrounded by a large and established residential population, providing an excellent customer and employee base for professional businesses. Offered at $750,000, Suite E109 represents an opportunity for a business owner to acquire quality commercial real estate in an established North Phoenix business corridor rather than continue paying rent. Highlights include: Approximately 2,513 SF professional office condominium Desirable Moon Valley / North Phoenix location Ideal for an owner-user Move-in-ready professional office environment Excellent access to SR-51, I-17 and Loop 101 Convenient access for Phoenix, Scottsdale and Paradise Valley clients Close proximity to restaurants, retail, banking and residential neighborhoods Professional business campus setting Opportunity to own and build equity rather than lease Offered at $874,000

14001 N 7th Street Unit E109, Phoenix

$695,000
6 Beds 6 Baths 7060894 MLS
* **9.74% Day-One Cap Rate -- Exceptional Yield in a Single-Family Asset** * **Absolute NNN Structure -- Tenant Reimburses Property Taxes and Insurance** * **Contractual Rental Growth Built Into the Initial 5-Year Lease Term** * **Forward Yield Increases to Approximately 10.43% by Year 5** * **Newly Executed Lease Provides Contractual Income Through 2030** * **Personal Guarantee Supports the Tenant's Lease Obligations** * **More Than $40,000 in Recent Renovations and Capital Improvements** * **Predictable Income Stream Secured by Phoenix Real Estate** * **Built-In Upside Without Renovation, Repositioning, or Intensive Management** * **Rare Combination of Double-Digit Forward Yield and Residential Real Estate** ABSOLUTE NNN SINGLE-TENANT INVESTMENT 5-Year Lease | Built-In Rental Growth | 9.74% Year 1 Cap Rate POSITIONING Bond-Like Income Secured by Real Estate Absolute Triple NNN lease structure Newly executed 5-year lease commencing January 1, 2026 Personal guarantee Two additional 5-year renewal options Monthly base rent increases by $100 each year Tenant's first right of refusal ASKING PRICE: $695,000 EXECUTIVE SUMMARY Gerchick Real Estate is pleased to present a fully stabilized, single-tenant Absolute NNN investment secured by a newly executed 5-year lease. In addition to base rent, the tenant reimburses the landlord for property taxes and insurance, creating a predictable and largely passive income stream. This investment offers: Immediate cash flow Contractual annual rent growth Minimal landlord responsibility Personal guarantee Long-term renewal potential Strong initial and forward yields The property's value is driven by its contractual income stream. This is not an owner-occupant comparable-sale opportunity--it is a yield-focused real estate acquisition. FINANCIAL OVERVIEW Year 1 Income Base Rent: $5,200 per month NNN Reimbursements: $440.25 per month Total Monthly Income: $5,640.25 Total Annual Income: $67,683 Year 1 Cap Rate Purchase Price: $695,000 $67,683 ÷ $695,000 = 9.74% YEAR 1 CAP RATE: 9.74% FORWARD YIELD GROWTH Lease Year Annual Income Yield on Original Purchase Price Year 1 $67,683 9.74% Year 2 $68,883 9.91% Year 3 $70,083 10.08% Year 4 $71,283 10.26% Year 5 $72,483 10.43% By Year 5, the annual yield increases to approximately 10.43% based on the original $695,000 purchase price. FIVE-YEAR CASH-FLOW PROJECTION Assuming an all-cash purchase at $695,000: Lease Year Projected Gross Income Year 1 $67,683 Year 2 $68,883 Year 3 $70,083 Year 4 $71,283 Year 5 $72,483 Total $350,415 TOTAL PROJECTED FIVE-YEAR GROSS INCOME: $350,415 The projected five-year gross income equals approximately 50.42% of the purchase price, providing investors with the potential to recover more than half of the original acquisition cost through gross income during the initial lease term alone. LEASE ABSTRACT Lease commencement: January 1, 2026 Initial lease term: 5 years Renewal options: Two additional 5-year terms Base-rent increases: $100 per month annually Guarantee: Personal guarantee First right of refusal: Provided to tenant Property taxes: Reimbursed by tenant Property insurance: Reimbursed by tenant Lease structure: Absolute NNN INVESTMENT THESIS Why This Asset Performs Attractive 9.74% initial cap rate Contractual annual rent increases Forward yield exceeding 10% beginning in Year 3 Personal guarantee helps reduce investment risk Minimal ongoing management burden Annual increases provide a hedge against inflation Strong Phoenix location Potential for future cap-rate compression Contractual income secured by underlying real estate Two additional 5-year renewal options This structure may appeal to private investors, 1031 exchange buyers, family offices, and yield-focused purchasers seeking stable real estate income without the management demands of a traditional residential rental. BUYER REQUIREMENTS The Seller recognizes that traditional residential appraisal methodology may not fully reflect the value of the property's contractual income stream. All offers must: Be submitted as an all-cash purchase; or Waive the appraisal contingency; and Include acceptable proof of funds This is an income-driven acquisition. DISCLAIMER All information contained herein has been obtained from sources deemed reliable but is not guaranteed. Buyer shall independently verify all information, including but not limited to lease terms, rental income, reimbursements, expenses, property condition, zoning, square footage, and all other material facts.

1927 E Crocus Drive, Phoenix

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