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

Newly renovated office building with tenant lounge, conference amenities, fitness areas, and bike room.

Property Size26,432 SF
Days on Market498

Property Features for 201 E Washington St

General Information

Standard status Active
Size 26,432 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 26 Last Checked: Jul 30 at 2:19PM

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.

Located at 201 E Washington St in Phoenix, this newly renovated office building offers updated common areas and tenant-focused amenities. Building and elevator lobbies have been refreshed, and the property includes a tenant amenity lounge.

The building’s shared conference and work-support spaces include a conference center with library, meeting rooms, and event space with an event patio. Fitness facilities are also onsite, featuring an open fitness area, group fitness room, and locker rooms.

Additional on-site support includes a management office and a bike room, designed to accommodate building operations and tenant needs.

Key Highlights

  • Newly renovated office building with updated building and elevator lobbies
  • Tenant amenity lounge for on‑site tenant use
  • Conference features include library, meeting rooms, event space, and an 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
$5.55 /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 43% 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 - Newly renovated office building with tenant lounge, conference amenities, fitness areas, and bike room.
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 SF/Yr.
What are key features of this property?
This property features: Newly renovated office building with updated building and elevator lobbies; Tenant amenity lounge for on‑site tenant use; Conference features include library, meeting rooms, event space, and an event patio
(602) 954-9850 Call to check price and availability
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