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One West Madison - Sale Pending
1 West Madison, Phoenix, AZ 85003
One West Madison
N/A
25,000 SF
Office
Office Building
Investment
10.44%
100%
Single
-
Last Verified 6/7/2004
Listing ID 13871773
Description
-Government-backed and 100% leased by the Maricopa County Justice Court.
-2003 net absorption for the submarket totaled 224,654 square feet, trailing only the Deer Valley Corridor at 235,066
-Overall vacancy rate was 10%, the lowest in Metropolitan Phoenix
- Increased Rental Rate, Cash-on-Cash Returns, Annual Bumps
- Surrounded by the Federal, County and City courts, the Financial District, America West Arena, and Bank One Ballpark
- Excellent Access to the Freeway System and minutes to Sky Harbor International Airport
- Three major Projects underway: Light Rail System; International Genomics Consortium (IGC) & Translational Genomics Research Institute (TGen); Expansion of the Phoenix Civic Plaza
Map of 1 West Madison, Phoenix, AZ 85003
Created 3/4/2004
Additional Information for 1 W Madison Street, Phoenix, AZ 85003
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO