Class A Office
For Sale
Contact for pricing
19820 N 7th Ave, Phoenix, AZ 85027
Fully leased two-story workplace with Loop 101 visibility, commuter access, and surface and covered parking.
Property Size88,696 SF
Lot Size7.88 Acres
Days on Market145
Property Features for 19820 N 7th Ave
General Information
Standard status
Active
Size
88,696 SF
Net Rentable
88,696 SF
Class
Class A
Lot size
7.88 Acres
Property subtype
Office
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Year Built
2007
Buildings
1
Stories
2
Building Size
88,696 SF
Tenancy
Multi
Parking Ratio
5 per 1,000 SF
Listing Agency:
Newmark - Phoenix
Listed By:
Chris Marchildon · License #AZ SA633658000
(602) 952-3862
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 2:28AM
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 Newmark - Phoenix
Investment Insights
Based on property information with market context.
Built in 2007, the property is a two-story Class A office building containing ±88,696 rentable square feet on ±7.88 acres. The building is 100% leased, with Centuri Construction Group, Inc. occupying approximately 95% and Pacific Western Bank leasing the remaining approximately 5%. Centuri has approximately 7 years of lease term remaining, while the weighted average lease term remaining is 6.6 years. Both tenants are publicly traded companies, and each has invested beyond its original tenant improvement allowance.
The property offers prominent exposure to and direct accessibility from the Loop 101 Freeway, with approximately ±5.0 parking spaces per 1,000 rentable square feet through a combination of surface spaces and covered canopies. It is adjacent to the full diamond interchange at 7th Avenue and Loop 101, approximately ±2 miles from the Loop 101 and Interstate 17 interchange. Phoenix Deer Valley Airport is less than 5 minutes and approximately ±1.5 miles away, while Sky Harbor International Airport is approximately 20 minutes and ±22 miles away.
The property offers prominent exposure to and direct accessibility from the Loop 101 Freeway, with approximately ±5.0 parking spaces per 1,000 rentable square feet through a combination of surface spaces and covered canopies. It is adjacent to the full diamond interchange at 7th Avenue and Loop 101, approximately ±2 miles from the Loop 101 and Interstate 17 interchange. Phoenix Deer Valley Airport is less than 5 minutes and approximately ±1.5 miles away, while Sky Harbor International Airport is approximately 20 minutes and ±22 miles away.
Key Highlights
- ±88,696 rentable square feet in one two‑story Class A office building
- 100% leased to Centuri Construction Group, Inc. and Pacific Western Bank
- Centuri occupies approximately 95% with approximately 7 years of lease term remaining
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
220
Businesses Nearby
Explore this area
Business Placement
Demographics for 85027, AZ
38,343
Population
17,458
Households
2.2
Avg Household Size
36
Median Age
29%
College-Educated
92%
High-School Grad
11.7 sq mi
ZIP Area
3,277
Density / Sq Mi
$73,255
Median Household Income
$46,338
Median Earnings
$1,488
Median Rent
$316,100
Median Home Value
Market
Vacancy Rate% for Office in Phoenix, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Fully leased two-story workplace with Loop 101 visibility, commuter access, and surface and covered parking.
Where is this office building located?
The property is located at 19820 N 7th Ave Phoenix, AZ.
What are key features of this property?
This property features: ±88,696 rentable square feet in one two‑story Class A office building; 100% leased to Centuri Construction Group, Inc. and Pacific Western Bank; Centuri occupies approximately 95% with approximately 7 years of lease term remaining
