This Office Property is no longer advertised on LoopNet.com.

2020 N Central Ave
Phoenix, AZ 85004
2020 On Central · Office Property For Sale

Property Facts

Property Type
Office
Building Size
247,911 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1985/2015
Percent Leased
68%
Tenancy
Multiple
Building Height
12 Stories
Typical Floor Size
20,637 SF
Slab To Slab
11’
Building FAR
2.31
Lot Size
2.46 AC
Zoning
C-2 HR, Phoenix - C-2 HR, Commercial Intermediate District

Amenities

  • Fitness Center
  • Property Manager on Site
  • Restaurant

About 2020 N CENTRAL AVE , PHOENIX, AZ 85004

2020 on Central is a 12-story contemporary-designed office building that will be purchased at a significant discount to replacement cost. The strong and varied rent roll includes Arizona Central Credit Union, Arizona Board of Regents and FacilitySource. Situated in the Central Arts District adjacent to other offices, luxury residential condominiums, historic neighborhoods, and four of the state's largest arts and cultural organizations; this site is connected to 92% of the Greater Phoenix population within a 40-minute commute (more than 3.9 million people). With 42% of the existing tenants at below market rental rates, rising market rental rates and strengthening building and market occupancy, this is a ripe value-add investment opportunity.

Property Taxes

Property Taxes

Parcel Number
118-51-111A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,991,257
  • Listing ID: 11851394

  • Date on Market: 3/9/2018

  • Last Updated:

  • Address: 2020 N Central Ave, Phoenix, AZ 85004

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