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Restored Historic Office Unit
New
For Lease
$5,431/Mo per office

112 N Central Avenue 500c, Phoenix, AZ 85004

Renovated office space with upgraded IT infrastructure, high-speed internet, and flexible workspace options for evolving businesses.

Space SizeContact for details
Days on Market6

Property Features for 112 N Central Avenue 500c

General Information

Standard status Active

Additional Details

Space Use Office
Public Transit Yes

Amenities

upgraded IT infrastructure
high-speed internet
flexible workspace options

Building Details

Year Built 1919
Listing Agency: West USA Realty
Listed By: Everardo M Chavez, Bradley Chavez
Source: Searchlocalazhouses
Added: Aug 24 Changed: Aug 29 Last Checked: Aug 29 at 11:38AM

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 West USA Realty

Investment Insights

Based on property information with market context.

Office Unit 500C occupies the restored Heard Building, originally constructed in 1919. The property provides renovated office suites, enhanced IT infrastructure, high-speed internet, and adaptable workspace arrangements for businesses at different stages of growth.

The building is positioned at 112 N Central Avenue in downtown Phoenix, near City Hall, the Phoenix Convention Center, dining, cultural destinations, transit, and the light rail. Its central setting places office users within an established urban business and civic environment.

Key Highlights

  • Renovated office unit in the restored Heard Building
  • Originally constructed in 1919
  • Upgraded IT infrastructure and high‑speed internet

Property Analytics

Current Use

Mac Repair Phoenix ... Computer & Electronic Repair Marshall & Marshall Flooring ... General Contractor Davinci Meeting Rooms Marketing & Advertising VANZAN SYSTEMS INC Freight Service ZOOM GLOBAL Telecommunications Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Veterinary Clinic Adult Day Care Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,663
Businesses Nearby

Demographics for 85004, AZ

8,833
Population
6,455
Households
1.4
Avg Household Size
32
Median Age
59%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
4,206
Density / Sq Mi
$71,250
Median Household Income
$46,376
Median Earnings
$1,759
Median Rent
$365,500
Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$18.36 /SF/Yr
Avg Asking Price
$1.16–$47 /SF/Yr
Price Range
9,305 SF
Avg Space Size

Vacancy Rate% for Office in Phoenix, AZ

14.4% 2019
19.3% 2020
21.7% 2021
24.3% 2022
27.4% 2023
28.5% 2024
26.5% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Renovated office space with upgraded IT infrastructure, high-speed internet, and flexible workspace options for evolving businesses.
Where is this office units located?
The property is located at 112 N Central Avenue 500c Phoenix, AZ.
What is the lease rate?
The lease rate is $5,431/Mo per office.
What are key features of this property?
This property features: Renovated office unit in the restored Heard Building; Originally constructed in 1919; Upgraded IT infrastructure and high‑speed internet
More about this property
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