727-735 Grand Ave
Phoenix, AZ 85007
Office Property For Sale

Tuft & Needle HQ & Showroom | Downtown Phoenix Lee & Associates is pleased to exclusively present an outstanding opportunity to acquire the 100% fee simple interest in the Tuft & Needle Corporate Headquarters and Showroom located in Downtown Phoenix, Arizona. The site is located on the Northwest corner of the intersection of Grand Avenue, Seventh Avenue, and Van Buren Street. The site was previously the O.S. Stapley building and was masterfully renovated by SimonCRE. The building now features open spaces, skylights, trusses, and large glass front doors. Tuft & Needle was founded in 2012 by two software engineers from Silicon Valley who were fed up with sky-high prices and a lack of transparency in the mattress industry. The company is now on track to do over $100 million in revenue in 2016 compared to The site is located in the Downtown Phoenix Redevelopment Area, an area that has been the beneficiary of over $4.5 billion in public and private investment funds since 2004 resulting in a vibrant revitalization of the area. Downtown Phoenix also benefits from being located in the geographical center of Phoenix, being approximately 30 minutes from the furthest reaches of the city.