22601 N 19th Ave 127,669 SF 78% Leased 4-Star Office Building Phoenix, AZ 85027 For Sale

INSTITUTIONAL-QUALITY ASSET WITH EMBEDDED VALUE CREATION OPTIONALITY
* Institutional-Quality, Multi-Tenant Office Campus | Deer Valley Financial Center is a well-maintained, two-story office campus offering efficient floor plates, strong curb appeal, and a professional corporate image. The property’s design, scale, and layout position it to serve a broad base of small- and mid-sized office users that drive leasing activity in the Northwest Valley.
* Core-Plus Investment with Embedded Leasing and Revenue Upside | The property offers a compelling core-plus profile, providing stable near-term income with meaningful upside through lease rollover, re-tenanting, and market rent realization. Existing lease structure and suite configuration allow new ownership to actively execute a value-enhancement strategy while maintaining operational continuity.
NORTHWEST VALLEY FUNDAMENTALS DRIVEN BY SUSTAINED GROWTH AND INVESTMENT
* Transformational Northwest Valley Economic Investment | Major corporate and advanced manufacturing investments in the Northwest Valley, including large-scale semiconductor development by Taiwan Semiconductor Manufacturing Company and Intel, represent tens of billions of dollars in committed capital investment.? These long-term, multi-phase projects are reshaping the regional employment base and reinforcing Arizona’s position as a premier destination for high-quality employers.? The scale and duration of these investments are expected to drive sustained job growth across engineering, professional services, and other office-using industries, supporting durable demand for commercial space throughout the Northwest Valley.?
* Unparalleled Access to a Dense and Expanding Labor Pool | Within a three-mile radius, the property is supported by approximately 57,500 employees across more than 3,300 businesses, establishing a dense immediate employment base.? Proximity to Loop 101 and Interstate 17 further expands the labor shed, providing efficient access from across the approximately 4.8 million–person Greater Phoenix metro area.?
GROWING, EDUCATED DEMOGRAPHICS SUPPORTING OFFICE DEMAND
* Growing Household Income Profile | Within three miles of the property, median household income is approximately $86,000, while average household income exceeds $111,000, with both metrics projected to increase meaningfully by 2030.? This high-income profile supports tenant credit quality and demand from professional, financial, and medical office users.?
* Highly Educated Workforce Concentrated in Professional and Services Employment | Among residents aged 25+, 70% have post-secondary education, split evenly between degree holders and those with some college.? The workforce primarily serves office-based sectors, notably finance, insurance, technical services, healthcare, and administration.?