Full Floor Office
For Lease
Contact for pricing
45 W Jefferson St, Phoenix, AZ 85003
Renovating historic office tower offers full-floor suites with private elevator landing and move-in-ready building improvements.
Property Size3,622 SF
Days on Market792
Property Features for 45 W Jefferson St
General Information
Standard status
Active
Size
3,622 SF
Property subtype
OFFICE
Lease Type
SF/yr
Amenities
updated lobby
improved common areas
light rail stop
covered parking
Building Details
Year Built
1930
Stories
14
Construction
Art Deco
Listing Agency:
Colliers | Phoenix
(602) 418-2136
Listed By:
Phil Breidenbach, SIOR
(602) 418-2136
Source:
Moodyscre
Added: May 31, 2024
Changed: Jul 25
Last Checked: Jul 30 at 7:43AM
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 Colliers | Phoenix
Investment Insights
Based on property information with market context.
Luhrs Tower, a historic 14-story Art Deco office building, is offering leased office space for a range of suite sizes. Full floor suites are available with private elevator landing, and the property is currently undergoing renovations under new ownership.
The tower is centrally located on the southeast corner of 1st Ave and Jefferson St in downtown Phoenix, within walking distance of restaurants. A light rail stop is located adjacent to Luhrs Tower, and covered parking is available in the adjacent parking structure.
The building’s updates include a refreshed lobby and improved common areas, along with move-in-ready suites with building-standard improvements.
The tower is centrally located on the southeast corner of 1st Ave and Jefferson St in downtown Phoenix, within walking distance of restaurants. A light rail stop is located adjacent to Luhrs Tower, and covered parking is available in the adjacent parking structure.
The building’s updates include a refreshed lobby and improved common areas, along with move-in-ready suites with building-standard improvements.
Key Highlights
- Office suites available from 334 SF to 4,317 SF in Luhrs Tower at 45 W Jefferson, Phoenix
- Full‑floor suites feature a private elevator landing
- Asking rate $28.00–$30.00 per SF, Full Service Gross
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
5,101
Businesses Nearby
Explore this area
Business Placement
Demographics for 85003, AZ
11,042
Population
6,117
Households
1.8
Avg Household Size
37
Median Age
45%
College-Educated
87%
High-School Grad
1.9 sq mi
ZIP Area
5,812
Density / Sq Mi
$56,672
Median Household Income
$55,122
Median Earnings
$1,258
Median Rent
$577,700
Median Home Value
Market
Lease Benchmarks for Phoenix, AZ
$18.84 /SF/Yr
Avg Asking Price
$0.58–$59.85 /SF/Yr
Price Range
11,631 SF
Avg Space Size
This space is priced 49% above the average of $18.84 /SF/Yr.
Vacancy Rate% for Office in Phoenix, AZ
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Frequently Asked Questions
What type of property is this?
Office units - Renovating historic office tower offers full-floor suites with private elevator landing and move-in-ready building improvements.
Where is this office units located?
The property is located at 45 W Jefferson St Phoenix, AZ.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Office suites available from 334 SF to 4,317 SF in Luhrs Tower at 45 W Jefferson, Phoenix; Full‑floor suites feature a private elevator landing; Asking rate $28.00–$30.00 per SF, Full Service Gross
