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Office Building on Central Corridor
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3003 N Central Ave, Phoenix, AZ 85012

For-rent office building positioned on a major Phoenix corridor surrounded by restaurants, parks, and corporate users.

Property Size6,896 SF
Days on Market838

Property Features for 3003 N Central Ave

General Information

Standard status Active
Size 6,896 SF
Property subtype OFFICE
Lease Type SF/yr
Listing Agency: Lee & Associates | Phoenix
Listed By: Jake Annan
Source: Moodyscre
Added: Apr 15, 2024 Changed: Jul 28 Last Checked: Jul 30 at 10:48AM

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 Lee & Associates | Phoenix

Investment Insights

Based on property information with market context.

3003 N Central Ave is a for-rent office building located on one of Phoenix’s most notable corridors. The property is set within a dense mix of restaurants, corporate offices, lush parks, new luxury residential, and hundreds of retailers serving residents and employers in the area.

The tenant and employer environment includes prominent names such as Creighton Medical School, Dignity Health, PWC, and Banner Health, along with other Fortune 500 companies. The building’s positioning within this established commercial setting supports a wide range of office uses seeking convenient access to surrounding daily amenities.

Available for lease as an office asset, 3003 N Central Ave offers a compact footprint for organizations looking to locate on a highly active Central Avenue corridor.

Key Highlights

  • For‑rent office building on a major Phoenix corridor
  • Surrounded by restaurants, corporate offices, and hundreds of retailers
  • Nearby parks and new luxury residential development

Property Analytics

Current Use

Sell Now Cash ... Corporate Office Dig Studio Landscaping Alcohol Tob Firerms ... Medical Clinic Lawlogix, a division of Hyland (Bike/Boat/Book/etc) Store Realtor Joanna Madueno ... Real Estate Agency

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Kitchen & Bath Showroom Garden Center Grocery & Convenience 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
$4.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,805
Businesses Nearby

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

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

This space is priced 5% 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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - For-rent office building positioned on a major Phoenix corridor surrounded by restaurants, parks, and corporate users.
Where is this office building located?
The property is located at 3003 N Central Ave Phoenix, AZ.
What is the lease rate?
The lease rate is $27 SF/Yr.
What are key features of this property?
This property features: For‑rent office building on a major Phoenix corridor; Surrounded by restaurants, corporate offices, and hundreds of retailers; Nearby parks and new luxury residential development
(602) 954-3771 Call to check price and availability
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