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Investment Highlights
- Infill Owner/User HQ Opportunity w/ Dedicated Parking Garage | Phoenix, AZ
- ESTABLISHED URBAN OFFICE HUB WITH LIMITED NEW SUPPLY
- INFILL OWNER/USER HQ OPPORTUNITY WITH DEDICATED PARKING GARAGE
- ATTRACTIVE CENTRAL PHOENIX LOCATION WITH ABUNDANT AMENITIES
Executive Summary
INFILL OWNER/USER HQ OPPORTUNITY WITH DEDICATED PARKING GARAGE
* Compelling opportunity to acquire a purpose-built headquarters office building in Central Phoenix, offering full-building control, structured parking, and infill land
coverage that would be difficult to replicate given today’s construction costs, limited land availability, entitlement timelines, and current build conditions.
* ±158,249 SF six-story modern office building designed and operated as a single-occupant headquarters, providing an owner/user immediate scale, exclusive
control, and long-term occupancy optionality in a core infill location.
* The building will be delivered vacant, enabling immediate occupancy for the new owner or phased move-in without lease rollover exposure, tenant coordination, or dependence on interim leasing or carry assumptions.
ESTABLISHED URBAN OFFICE HUB WITH LIMITED NEW SUPPLY
* Central Phoenix remains one of the region’s most durable office corridors, supported by a diverse base of government, healthcare, education, legal, and professional
services users that prioritize centralized access and long-term occupancy over suburban campus locations.
* Phoenix office fundamentals improved meaningfully in 2025, with approximately 1.3 million SF of net absorption for the year – including nearly 750,000 SF in Q4 alone
– and metro-wide vacancy declining to approximately 20.4%, reflecting improving conditions across Class A and B inventory.
ATTRACTIVE CENTRAL PHOENIX LOCATION WITH ABUNDANT AMENITIES
* Situated within the Midtown Phoenix corridor and providing immediate access to Downtown Phoenix, the Camelback Corridor, and the broader Central Phoenix
employment base, users can operate from a highly centralized location without the congestion or pricing associated with core CBD addresses.
* Central Phoenix’s established infrastructure, transit connectivity, and civic anchors – including government offices, healthcare institutions, and higher education –
continue to reinforce the corridor’s long term relevance as an employment hub.
* Compelling opportunity to acquire a purpose-built headquarters office building in Central Phoenix, offering full-building control, structured parking, and infill land
coverage that would be difficult to replicate given today’s construction costs, limited land availability, entitlement timelines, and current build conditions.
* ±158,249 SF six-story modern office building designed and operated as a single-occupant headquarters, providing an owner/user immediate scale, exclusive
control, and long-term occupancy optionality in a core infill location.
* The building will be delivered vacant, enabling immediate occupancy for the new owner or phased move-in without lease rollover exposure, tenant coordination, or dependence on interim leasing or carry assumptions.
ESTABLISHED URBAN OFFICE HUB WITH LIMITED NEW SUPPLY
* Central Phoenix remains one of the region’s most durable office corridors, supported by a diverse base of government, healthcare, education, legal, and professional
services users that prioritize centralized access and long-term occupancy over suburban campus locations.
* Phoenix office fundamentals improved meaningfully in 2025, with approximately 1.3 million SF of net absorption for the year – including nearly 750,000 SF in Q4 alone
– and metro-wide vacancy declining to approximately 20.4%, reflecting improving conditions across Class A and B inventory.
ATTRACTIVE CENTRAL PHOENIX LOCATION WITH ABUNDANT AMENITIES
* Situated within the Midtown Phoenix corridor and providing immediate access to Downtown Phoenix, the Camelback Corridor, and the broader Central Phoenix
employment base, users can operate from a highly centralized location without the congestion or pricing associated with core CBD addresses.
* Central Phoenix’s established infrastructure, transit connectivity, and civic anchors – including government offices, healthcare institutions, and higher education –
continue to reinforce the corridor’s long term relevance as an employment hub.
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
158,249 SF
Building Class
B
Year Built/Renovated
1992/1996
Price
$14,500,000
Price Per SF
$91.63
Tenancy
Single
Building Height
6 Stories
Typical Floor Size
26,375 SF
Slab To Slab
13’
Building FAR
1.22
Lot Size
2.99 AC
Zoning
C-2
Parking
665 Spaces (4.2 Spaces per 1,000 SF Leased)
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 118-34-043A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $58,572,000 |
Property Taxes
Parcel Number
118-34-043A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$58,572,000
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