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Newly Renovated Office Building
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201 E Washington St, Phoenix, AZ 85004

Newly renovated office building with upgraded lobby areas, fitness amenities, and multiple meeting spaces.

Property Size8,421 SF
Days on Market498

Property Features for 201 E Washington St

General Information

Standard status Active
Size 8,421 SF
Property subtype OFFICE
Lease Type SF/yr

Amenities

Tenant Amenity Lounge
Building Conference Center Library
Meeting Rooms
Event Space
Event Patio
Fitness Center Open Fitness Area
Group Fitness Room
Locker Rooms
Management Office
Bike Room
Listing Agency: Transwestern | Phoenix
Listed By: Jim Achen, Jr
Source: Moodyscre
Added: Mar 20, 2025 Changed: Jul 28 Last Checked: Jul 30 at 12:11PM

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 Transwestern | Phoenix

Investment Insights

Based on property information with market context.

This newly renovated office building features updated building and elevator lobbies, along with a tenant amenity lounge. The property includes a conference center with library, meeting rooms, and event space, plus an event patio for additional use.

On-site amenities also include an open fitness area, a group fitness room, locker rooms, and a dedicated bike room. A management office is included as well.

The space is offered for rent as an office property with in-building common-area improvements designed to support tenant operations and day-to-day workplace needs.

Key Highlights

  • Newly renovated office building with upgraded building and elevator lobbies
  • Tenant amenity lounge plus management office on‑site
  • Conference center with library, meeting rooms, event space, and event patio

Property Analytics

Current Use

FedEx Office Print ... Courier Service Sherman & Howard: Wright ... Law Firm Hunter Kevin G Law Firm Mancuso's Restaurant Restaurant Taco Bell Restaurant

Suggested Use

Top Pick Nail Salon (Bike/Boat/Book/etc) Store Veterinary Clinic Tanning Salon Grocery & Convenience Store 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
$5.63 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,976
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

$25.81 /SF/Yr
Avg Asking Price
$11.95–$47 /SF/Yr
Price Range
54,830 SF
Avg Space Size

This space is priced 45% above the average of $25.81 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Newly renovated office building with upgraded lobby areas, fitness amenities, and multiple meeting spaces.
Where is this office building located?
The property is located at 201 E Washington St Phoenix, AZ.
What is the lease rate?
The lease rate is $37.50 SF/Yr.
What are key features of this property?
This property features: Newly renovated office building with upgraded building and elevator lobbies; Tenant amenity lounge plus management office on‑site; Conference center with library, meeting rooms, event space, and event patio
(602) 954-9850 Call to check price and availability
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