Listing Agency: Newmark | Phoenix c***@nmrk.com Show Phone

Listed By: CJ Osbrink · License #SA633658000

Source: Nmrk

Added: Apr 8 Changed: Aug 8 Last Checked: Aug 21 at 5:48AM

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Investment Insights

Based on property information with market context.

This 436,004 square foot office building, constructed in 2001, presents an investment opportunity in the Phoenix area. The property features a modern infrastructure and a functional design intended to accommodate diverse workspace requirements. Its location provides access to key transportation routes and a dynamic business environment.

Key Highlights

• Large 436,004 SF office building.
• Strategic location in the Phoenix area.
• Modern infrastructure built in 2001.

Property Analytics

Property Profile

Current Use

Blink Charging Station Electric Vehicle Charging Station Arizona Deli Company Take-out & Catering Bureau of Land Management, ... Federal Government Office Renaud Cook Drury ... Law Firm Brophy III James ... Law Firm

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.

Location Intelligence

Trade Area within ½ mile

5,057

Businesses Nearby

Explore this area Business Placement

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

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 asking price? 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 - 436,004 SF office building in a dynamic Phoenix location.

Where is this office building located?

The property is located at 1 North Central Avenue Phoenix, AZ.

What are key features of this property?

This property features: Large 436,004 SF office building.; Strategic location in the Phoenix area.; Modern infrastructure built in 2001.