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← Pipeline·North Phoenix Summit·CLOSED

Ask about North Phoenix Summit — the deal brief is on the right. Try 'triage this deal', 'draft IC memo', or 'summarize DD findings'.

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Deal brief

North Phoenix Summit

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.