3010 N 2nd St
Phoenix, AZ 85012
Westmount Place · Office Property For Sale

The high-image, 57,915 SF, four-story building features glass curtain wall exterior-glazing and durable steel frame construction. Situated on a hard-corner, 1.55-acre land parcel, the mid-rise office has a secured, subterranean parking garage and overall 4:1,000 parking ratio. Two GSA tenants occupy 96%, but the building will be 12% or 0% occupied by March of 2021. Short term net operating income is estimated at over $1M, providing substantial income to the buyer to execute on a value-add strategy. Upon being vacated, the property will enjoy an extraordinary niche of being perhaps the only full-building available to an occupant desiring to be a single tenant with maximum control over their facility and access. In the post-COVID 19 landscape this ‘sole occupant’ niche should experience tremendous demand. Westmount Place is situated in the midst of a densely populated urban and transit-oriented location. Park Central, a 46-acre mixed-use development that serves as Midtown’s anchor, is located just one block away. Over the past 15 years, Midtown has experienced a major revitalization that has added thousands of new apartments and a multitude of new restaurants.