Listing Agency: Diversified Partners

Listed By: Kristina Stamets (Remon) · License #SA670328000 Show Phone

Source: Crexi

Added: Sep 1 Changed: Sep 11 Last Checked: Sep 13 at 6:53AM

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Investment Insights

Based on property information with market context.

This office unit offers 5,123 square feet of commercial workspace in downtown Phoenix. The property is located at 1242 East Washington Street, Phoenix, AZ 85034, and is offered for sale.

Key Highlights

• 5,123 SF office unit
• Located at 1242 East Washington Street, Phoenix, AZ 85034
• Downtown Phoenix location

Property Analytics

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Current Use

Headstart High School

Suggested Use

Top Pick Dental Office Nail Salon Hair Salon Pharmacy Real Estate Agency Spa & Massage Center

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

1,179

Businesses Nearby

Explore this area Business Placement

Demographics for 85034, AZ

5,033

Population

2,901

Households

1.7

Avg Household Size

32

Median Age

32%

College-Educated

81%

High-School Grad

11.6 sq mi

ZIP Area

434

Density / Sq Mi

$53,545

Median Household Income

$43,236

Median Earnings

$1,205

Median Rent

$397,400

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 units 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 units - Office unit in downtown Phoenix with a substantial commercial floor area.

Where is this office units located?

The property is located at 1242 East Washington Street Phoenix, AZ.

What are key features of this property?

This property features: 5,123 SF office unit; Located at 1242 East Washington Street, Phoenix, AZ 85034; Downtown Phoenix location