Listing Agency: g***@leearizona.com Show Phone

Listed By: Gregg Kafka, CCIM Show Phone

Source: Lee-associates

Added: Jan 26 Changed: Jul 6 Last Checked: Aug 5 at 5:41AM

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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 Gregg Kafka, CCIM

Investment Insights

Based on property information with market context.

This office building offers 252,400 square feet of space available for rent. The property is located in Phoenix, Arizona.

Key Highlights

• 252,400 square feet available for rent.
• Office building.

Property Analytics

Property Profile

Current Use

Weisbard Jonathan F Law Firm Underwood Law Group ... Law Firm Counselors Associated, Inc. Marriage Or Relationship Counselor David Weiss, DDS Dental Office Law Offices KKR Law Firm

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Locksmith Kitchen & Bath Showroom Discount Store Carpet & Flooring Store

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

$3.45 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

6,216

Businesses Nearby

Explore this area Business Placement

Demographics for 85012, AZ

8,201

Population

5,269

Households

1.6

Avg Household Size

39

Median Age

60%

College-Educated

95%

High-School Grad

2.3 sq mi

ZIP Area

3,566

Density / Sq Mi

$80,242

Median Household Income

$57,228

Median Earnings

$1,693

Median Rent

$701,200

Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$25.71 /SF/Yr

Avg Asking Price

$11.95–$47 /SF/Yr

Price Range

23,091 SF

Avg Space Size

This space is priced 11% below the average of $25.71 /SF/Yr.

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

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - Office building with 252,400 square feet available for rent.

Where is this office building located?

The property is located at 3030 N 3rd St. Phoenix, AZ.

What is the lease rate?

The lease rate is $23 SF/Yr.

What are key features of this property?

This property features: 252,400 square feet available for rent.; Office building.