About this property
- $1,596,000 ($75.35 Per SqFt)
- 7.37% CAP Rate
- NOI - $117,600.00
- Leased Investment Through 4/30/2023
- Double Net Lease With 100 Year Old International HVAC Company
TEANT INFORMATION
MORSCO is a leading U.S. distributor of commercial and residential plumbing, waterworks, heating and cooling equipment (HVAC), and pipe, valves and fittings (PVF), with branches and showrooms across the country. It is comprised of a family of long-established local distributors all committed to be the local contractor supply source by consistently providing superior customer service, unparalleled local product availability, and premiere customer support.
MORSCO distributes more than 100,000 national and private label products to more than 40,000 customers. Our status as an industry leader enables us to create strong partnerships with leading brand manufacturers.
The Reece Group operates Australia's largest plumbing and bathroom supplies business, as well as eight others in allied industries. Nearly 100 years old, Reece is always doing something new and different, expanding into fresh areas, developing new technologies and systems and pioneering innovative products. Reece has more than 5,000 people in 600 branches across Australia and New Zealand. For more information, visit www.reecegroup.com.au.
Property details
- Property Type
- Improved property
- Building Type
- Freestanding
- Building Size
- 21,800 sqft
- Land Size
- 1.43 acres
- Sewer
- City
- Water
- City
- Zoning
- IND
- Electric
- 800 Amp
- Year Built
- 1980
- N O I
- 117,600
- Roof
- Foam
- Parking
- 20
- Cap Rate
- 7.37
- Construction
- Block
Documents 1 file
Last updated: Sep 30, 2026
Location
- Address
-
3147 W. Lewis Avenue
Phoenix, Arizona 85009