12426 N 28th Drive, Phoenix, AZ 85029 (MLS# 7041306)

12426 N 28th Drive, Phoenix, AZ 85029

New Listing

$3,756,860

Property Type: Comm/Industry Sale Square Footage: 17,428 Lot Size (sq. ft.): 1 Status: Active

Current Price: $3,756,860 List Date: 6/12/2026 Last Modified: 6/12/2026

More Information MLS# 7041306

Contract Info

Ownership: Fee Simple Current Price: $3,756,860 List Price: $3,756,860 Status: Active List Date: 2026-06-12

Location, Tax & Legal

Assessor's Map #: 21 Assessor's Parcel #: 31 Add'l Parcels: Yes Tax Municipality: Phoenix Taxes: 24820.06 Legal: Southeast quarter of section 14, township 3 north, range 2 east of the Gila and Salt River base and Meridian. House Number: 12426 Compass: N Street Name: 28th St Suffix: Drive City/Town Code: Phoenix State/Province: AZ Zip Code: 85029 Country: US County Code: Maricopa Subdivision: Westown 2 Assessor Number: 149-21-031 Tax Year: 2025

General Property Description

Ttl Apx SqFt Bldg: 17428 # of Buildings: 1 Uncvrd Parking Spcs: 60 Year Built: 1979 Zoning: C1

Currently Not Used

Sold Price Per SqFt: 215.56

Legal Info

Range: 2E Section: 14 Township: 3N Lot Number: 1

Construction

Block: 1 Wood Frame: 1

Roofing

Tile: 1

Floors

Ceramic Tile: 1

Income & Expenses

Annual Elec Exp: 15447.5 Annual Ins Exp: 7172 Annual Landscape Exp: 2400 Annual Trash Exp: 7991.4 Owner Association: No Annual Ownr Asoc Fee: 0 Annual Other Expense: 1746.36 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 257178.72

Building Type

Commercial: 1

Business Type

Retail: 1

Pmt & Rate Info

Cap Rate: 5.26 Equity: 3756860 Total Owed: 0

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Email: 1 Phone Call: 1

Lockbox Type

None: 1

Ceiling Height

8.1 Feet to 10 Feet: 1

Heating

Heat Pump: 1

Cooling

Heat Pump: 1

Interior Features

Unfinished: 1

Loading Facilities

None: 1

Source of Fincl Data

Accountant: 1

Fencing

Block: 1

Water Source

Individual Meter: 1

Sewer

Sewer - Public: 1

Parking Features

Private: 1

Electric

APS: 1

Gas

None: 1

New Financing

Cash to Loan: 1 Owner May Carry: 1 1031 Exchange: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Remarks Misc

Cross Street: Larkspur Dr & 28th dr Directions: Prime Location in Phoenix, AZ. This vibrant retail center offers high visibility, steady foot traffic, and immense growth potential in a thriving area. Strategic Location: Situated in a bustling Phoenix neighborhood with strong commercial and residential activity. Versatile Spaces: Flexible layouts suitable for retail, dining, or service-oriented businesses. Geo Lat: 33.599364 Geo Lon: -112.120224

Income Expenses

Gross Annual Sch Inc: 257178.72 Net Operating Income: 197786.56

Property Features

Building Type: Commercial Business Type: Retail Construction: Block; Wood Frame Roofing: Tile Floors: Ceramic Tile Ceiling Height: 8.1 Feet to 10 Feet Heating: Heat Pump Cooling: Heat Pump Loading Facilities: None Interior Features: Unfinished Fencing: Block Parking Features: Private Electric: APS Gas: None Water Source: Individual Meter Sewer: Sewer - Public New Financing: Cash to Loan; Owner May Carry; 1031 Exchange Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Source of Fincl Data: Accountant Environmental: None

Listing Office: Bellagio Real Estate

Last Updated: June - 12 - 2026