Multi-Tenant Office Building For
For Sale
Contact for pricing
1100 E Washington St, Phoenix, AZ
Two-story office building in Phoenix, 100% occupied through 2027.
Property Size11,784 SF
Lot Size0.56 Acres
Price / SF$280.04
Days on Market315
Property Features for 1100 E Washington St
General Information
Standard status
Active
Size
11,784 SF
Lot size
0.56 Acres
Property subtype
OFFICE
Listing Agency:
Menlo Group Commercial Real Estate
(480) 236-9511
Listed By:
Stuart Milne · License #SA634760000
(480) 236-9511
Source:
Moodyscre
Added: Sep 22, 2025
Changed: Jul 6
Last Checked: Jul 21 at 8:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Menlo Group Commercial Real Estate
Investment Insights
Based on property information with market context.
The property at 1100 E Washington Street is a two-story, multi-tenant office building offering 11,784 square feet of space. Located in Phoenix, the property is zoned C-3, providing potential future redevelopment flexibility. The building features a modern aesthetic with a high-end build-out and has undergone significant updates in recent years. The property is currently 100% occupied by three tenants with leases secured through 2027, providing stable, long-term cash flow. The location offers accessibility and visibility, while the contemporary design and premium finishes make it a desirable workplace.
Key Highlights
- 100% occupied by three quality tenants with leases secured through 2027, providing stable, long‑term cash flow.
- Prime location in the heart of Phoenix offers excellent accessibility and visibility.
- Zoned C‑3, offering potential future redevelopment flexibility.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $362.0k | $30.72 |
| − Vacancy | −$93.0k | −$7.90 |
| EGI | $269.0k | $22.82 |
| − OpEx | −$67.2k | −$5.71 |
| NOI | $201.7k | $17.12 |
11,784 SF · lease $30.72/SF/yr · vacancy 25.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.88M
$2.52M – $3.36M
NOI $201,727 @ 7.0% cap · market cap 6.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.57M
$3.12M – $4.16M
NOI $249,863 @ 7.0% cap · market cap 7.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,031
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in Phoenix, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Two-story office building in Phoenix, 100% occupied through 2027.
Where is this office building located?
The property is located at 1100 E Washington St Phoenix, AZ.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 100% occupied by three quality tenants with leases secured through 2027, providing stable, long‑term cash flow.; Prime location in the heart of Phoenix offers excellent accessibility and visibility.; Zoned C‑3, offering potential future redevelopment flexibility.
