North Phoenix Summit
Office
North Phoenix
CLOSED
Address 3214 Commerce St
Location Phoenix, AZ
Size 307,587 sf
Built 2023
Occupancy 95.6%
Ownership Reit
Deal economics
Ask price —
NOI (annual) $7.2M
Cap rate 8.60%
LTM revenue $12.4M
LTM NOI $5.7M
Seller intent Cold
Top tenants
- Prime Media · Suite 220$1.8M base
- Prime Capital · Suite 150$1.8M base
- Lone Star Systems · Suite 170$1.5M base
- Vanguard Outfitters · Suite 280$1.1M base
- Southern Dynamics · Suite 270$859k base
DD findings
- No findings yet — try running the Doc Room Auditor.
Class B+ office tower in North Phoenix, Phoenix. 307,587 sqft across 6 floors. Built 2023. Major tenants include a mix of tech and professional services.