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OWNER WILL CARRY!!! 3030 N Central Ave 193,037 SF 99% Leased 4-Star Office Building Phoenix, AZ 85012 $25,000,000 ($129.51/SF) 10.90% Cap Rate


Investment Highlights
- OWNER WILL CARRY!!
- Iconic Bank of America Building!
- Fresh $5M renovation!
Executive Summary
Most of the tenants are currently renting at below market rates giving a new buyer HUGE upside to increase profit when these leases renew.
OWNER WILL CARRY. Owner will carry with 40% down payment at 5% interest.
Sale Flyer
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$4,008,280
|
$20.76
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$4,008,280
|
$20.76
|
| Taxes |
$204,873
|
$1.06
|
| Operating Expenses |
$1,338,100
|
$6.93
|
| Total Expenses |
$1,542,973
|
$7.99
|
| Net Operating Income |
$2,465,307
|
$12.77
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $4,008,280 |
| Annual Per SF | $20.76 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $4,008,280 |
| Annual Per SF | $20.76 |
| Taxes | |
|---|---|
| Annual | $204,873 |
| Annual Per SF | $1.06 |
| Operating Expenses | |
|---|---|
| Annual | $1,338,100 |
| Annual Per SF | $6.93 |
| Total Expenses | |
|---|---|
| Annual | $1,542,973 |
| Annual Per SF | $7.99 |
| Net Operating Income | |
|---|---|
| Annual | $2,465,307 |
| Annual Per SF | $12.77 |
Property Facts
Amenities
- Banking
- Conferencing Facility
- Convenience Store
- Property Manager on Site
- Restaurant
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
Allied Universal is a leading security and facility services company headquartered in Irvine, California. The company was founded in 1957 and has grown through strategic mergers, including the 2016 combination of AlliedBarton and Universal Services of America. Allied Universal delivers a wide range of services, including security guard staffing, risk advisory, technology solutions, and integrated facility management. Its offerings extend to access control, video surveillance, and emergency response planning, serving clients across multiple industries such as healthcare, education, and critical infrastructure. The company operates globally, maintaining a strong presence in North America and expanding into international markets. Allied Universal is privately held and continues to invest in technology-driven security solutions to enhance operational efficiency and client safety.
Navigating the traditional route of selling your home in Phoenix can often lead to a path filled with stress – dealing with realtors, enduring endless open houses, managing repairs, and going through lengthy inspections. Why go through this madness when there's a more straightforward solution available? Experience a Stress-Free, Exceptional Cash Offer with Amazing Offer! Begin your hassle-free home-selling journey in Phoenix with them. Their dedicated team is committed to simplifying your life. They offer a direct, quick approach designed to ease your worries. Handling all the intricacies, they ensure you can relax and look forward to the next chapter. With just a few easy clicks on the form below, you're on your way. And it's FREE, with no obligation to accept. Their goal is to present you with an offer that meets your needs, adding clarity and tranquility to your home-selling process.
Arizona State Physicians Association (ASPA) has a rich history dating back to 1986, when it was established as a traditional Independent Physician Association (IPA). Over the past three and a half decades, their organization has undergone significant growth and evolution, with their membership expanding from an initial 500 physicians to over 2,000 healthcare providers. Today, ASPA is proud to be the largest independent physicians-owned and operated association in Arizona. Their physician network has grown to provide high-quality care to over one million beneficiaries, making us a significant player in the state’s healthcare landscape.
Bank of America traces part of its history to the Bank of Italy, founded in 1904, and the modern company emerged through later mergers and expansion. The company serves individuals, small- and middle-market businesses, large corporations, and governments with banking, investment management, and financial risk management products and services. Bank of America’s current business lines include consumer banking, global wealth and investment management, global banking, and global markets, with digital banking and cash management platforms supporting client activity. The company reports a broad presence across retail, commercial, institutional, and wealth channels as part of its wider financial services franchise.
Biltmore 24 provides services in Phoenix, Arizona.
The IMA Group began more than three decades ago, growing from its roots in medical screenings and psychological evaluations into a broader organization focused on healthcare-related assessment work. The company provides clinical evaluation and screening services for employers, payers, and government agencies, along with clinical research services that support the development of new treatments. The IMA Group’s business verticals include government services, occupational health and employer solutions, workers’ compensation solutions, independent medical examinations, disability solutions, and clinical research. The company emphasizes medical and behavioral health expertise, combining in-person and telehealth delivery models to support evaluation and research programs across its national network.
Investment Properties Arizona is a privately held real estate brokerage based in Phoenix, Arizona. It specializes in sourcing off-market investment properties for buyers and offering cash purchase options to sellers. The firm’s services include investment analysis, construction cost estimates, and on-site consultations. Operating from a single location on North Central Avenue, it caters to investors targeting rentals, flips, or long-term holdings in the Arizona market. Janeth Cecena-Sanchez serves as the statutory agent and sole listed member. As an independently owned brokerage, the company remains small and regionally focused, with strategic positioning to capitalize on Phoenix’s growing real estate demand.
At Risas Dental, the focus is providing quality and affordable dental care and braces for families. Unlike many healthcare options, their goal is to think and speak a language that patients understand. They promise to be less expensive and more financially flexible than other dental providers. This includes being a preferred in-network provider of all insurance plans and our flexible in-house payment plans. They promise to be available, with expanded evening and weekend hours to 24 Hour Doctor Emergency Contact.
Senergy Financial is a local financing firm located in Phoenix, Arizona.
Sierra H Broadcasting is a privately held Phoenix-based broadcast media firm founded in 1993 and veteran-owned by former U.S. Air Force Captain Jay Brentlinger and Air National Guard Captain Steve Szalay. The company operates radio stations including Mega 104.3 (KAJM) and The Bounce (KZCE) under its Sierra H Productions division. Sierra H emphasizes local engagement and digital innovation, offering on-air content, promotions, and community-driven events. The firm fosters partnerships with regional cultural organizations and maintains a family-oriented internal culture. Studios and administration are located at Northern Phoenix, with a satellite sales office serving the broader metro area.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Professional, Scientific, and Technical Services | - | - | Full Service | May 2020 | |
|
Real Estate | - | $15.50 | Full Service | Nov 2029 | |
|
Health Care and Social Assistance | - | - | - | - | |
|
Finance and Insurance | - | - | - | - | |
| biltmore 24 | Administrative and Support Services | - | $22.29 | Full Service | Feb 2027 | |
|
Health Care and Social Assistance | - | - | - | - | |
|
Real Estate | - | $21.00 | Full Service | Feb 2027 | |
|
Health Care and Social Assistance | - | - | - | - | |
| Senergy Financial, LLC | Finance and Insurance | - | $18.00 | Full Service | Mar 2027 | |
|
Information | - | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
The private executive shared office space. You can have your own private office and share common amenities with other hard-working professionals. This includes: Board room (FREE) + Utilities (FREE) + Parking (FREE) + Kitchen area (FREE) + WiFi (FREE) + Reception area (FREE). All of this for ONLY $595.00 per month. WOW!!!!! Call Adilene 602-473-4113 to schedule a tour!
Corner office suite. Located right next to great bars, restaurants and a gym at Park Central Mall. Suite features: -Two offices - Open Space - Conference Room - Break Room Call now to schedule a tour 602 838 0707.
The private executive shared office space. You can have your own private office and share common amenities with other hard-working professionals. This includes: Board room (FREE) + Utilities (FREE) + Parking (FREE) + Kitchen area (FREE) + WiFi (FREE) + Reception area (FREE). All of this for ONLY $595.00 per month. WOW!!!!! Call Cotterkey Investments today. This is the last one left.5
| Space | Size | Space Use | Build-Out | Available |
| 5th Fl-Ste 507 | 200 SF | Office | Spec Suite | Now |
| 7th Fl-Ste 700 | 1,723 SF | Office | Spec Suite | Now |
| 7th Fl-Ste 704A | 200 SF | Office | Spec Suite | Now |
5th Fl-Ste 507
| Size |
| 200 SF |
| Space Use |
| Office |
| Build-Out |
| Spec Suite |
| Available |
| Now |
7th Fl-Ste 700
| Size |
| 1,723 SF |
| Space Use |
| Office |
| Build-Out |
| Spec Suite |
| Available |
| Now |
7th Fl-Ste 704A
| Size |
| 200 SF |
| Space Use |
| Office |
| Build-Out |
| Spec Suite |
| Available |
| Now |
5th Fl-Ste 507
| Size | 200 SF |
| Space Use | Office |
| Build-Out | Spec Suite |
| Available | Now |
The private executive shared office space. You can have your own private office and share common amenities with other hard-working professionals. This includes: Board room (FREE) + Utilities (FREE) + Parking (FREE) + Kitchen area (FREE) + WiFi (FREE) + Reception area (FREE). All of this for ONLY $595.00 per month. WOW!!!!! Call Adilene 602-473-4113 to schedule a tour!
7th Fl-Ste 700
| Size | 1,723 SF |
| Space Use | Office |
| Build-Out | Spec Suite |
| Available | Now |
Corner office suite. Located right next to great bars, restaurants and a gym at Park Central Mall. Suite features: -Two offices - Open Space - Conference Room - Break Room Call now to schedule a tour 602 838 0707.
7th Fl-Ste 704A
| Size | 200 SF |
| Space Use | Office |
| Build-Out | Spec Suite |
| Available | Now |
The private executive shared office space. You can have your own private office and share common amenities with other hard-working professionals. This includes: Board room (FREE) + Utilities (FREE) + Parking (FREE) + Kitchen area (FREE) + WiFi (FREE) + Reception area (FREE). All of this for ONLY $595.00 per month. WOW!!!!! Call Cotterkey Investments today. This is the last one left.5
Demographics
Demographics
Property Taxes
| Parcel Numbers | Total Assessment | $2,837,630 | |
| Land Assessment | $60,008 | Annual Taxes | $204,873 ($1.06/SF) |
| Improvements Assessment | $0 | Tax Year | 2025 |
Property Taxes
Sale Advisor
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OWNER WILL CARRY!!! | 3030 N Central Ave
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