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Black Canyon Commerce Park 2225 W Peoria Ave 56,042 SF 58% Leased Office Building Phoenix, AZ 85029 $5,050,000 ($90.11/SF)
Investment Highlights
- Situated just east of the $850 million Metrocenter Mall redevelopment project including 2,600 multifamily units and 150k SF of retail space.
- Immediate access to the I-17 Freeway, Loop 101 and within proximity to the I-10.
- Excellent visibility with street frontage on Peoria Ave.
- In walking distance to the Light Rails northwest expansion.
- Located near the TSMC's $165 billion semiconductor fabrication facility campus.
- Abundant covered and ADA accessible parking.
Executive Summary
56,042 SF Two-story building located on 3.99 Acres. As of 7/1/2025 this property is 57.93% occupied. The office property will be 37.05% occupied as of 11/1/2025. Move-in ready space with instant access to the I-17 freeway and located close to Valley Metro Bus Stop on W Peoria Ave.
Property Facts
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Office
Building Size
56,042 SF
Building Class
B
Year Built
2001
Price
$5,050,000
Price Per SF
$90.11
Percent Leased
58%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
28,021 SF
Slab To Slab
10’
Building FAR
0.32
Lot Size
3.99 AC
Opportunity Zone
Yes
Zoning
A-1 - A-1; City of Phoenix - Light Industrial
Parking
278 Spaces (4.96 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Fl-Ste 100
- 4,006 SF
- Office
- Full Build-Out
- Now
- 1st Fl-Ste 170
- 1,027 SF
- Office
- Full Build-Out
- Now
- 1st Fl-Ste 175
- 11,700 SF
- Office
- Full Build-Out
- Now
- 1st Fl-Ste 180
- 5,655 SF
- Office
- Full Build-Out
- 30 Days
- 2nd Fl-Ste 250
- 4,770 SF
- Office
- Full Build-Out
- Now
- 2nd Fl-Ste 260
- 8,120 SF
- Office
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 100 | 4,006 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 170 | 1,027 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 175 | 11,700 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 180 | 5,655 SF | Office | Full Build-Out | 30 Days |
| 2nd Fl-Ste 250 | 4,770 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 260 | 8,120 SF | Office | Full Build-Out | Now |
1st Fl-Ste 100
| Size |
| 4,006 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 170
| Size |
| 1,027 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 175
| Size |
| 11,700 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 180
| Size |
| 5,655 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
2nd Fl-Ste 250
| Size |
| 4,770 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 260
| Size |
| 8,120 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 1
Property Taxes
| Parcel Number | 149-10-044A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $439,561 |
Property Taxes
Parcel Number
149-10-044A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$439,561
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Black Canyon Commerce Park | 2225 W Peoria Ave
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