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Phoenix Office Building For Sale

2544 E University Dr, Phoenix, AZ 85034

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For Sale

$2,450,000

Office building with training rooms, flexible layout, and ample parking.

Type:Office

Property size:

11,019 SF

Price / SF:

$222/SF

HighLights

Flexible floor plan allowing easy reconfiguration for one or more tenants.
Ample surface and covered parking and convenient access for employees and visitors.
Close proximity to major freeways, the airport, and Downtown Phoenix.
Multiple training rooms and bullpens for collaborative or instructional use.
Large reception/showroom area.
Freeway monument signs.

We can help!

Contact an agent

Darin Edwards

For Sale

$2,450,000

Office building with training rooms, flexible layout, and ample parking.

Type:Office

Property size:

11,019 SF

Price / SF:

$222/SF

Added:: Jan 26, 2026
Days on Market:: 162
Last Refresh:: Apr 5 at 8:29 pm

Property Features for 2544 E University Dr

General Information

Standard status: Active
Size: 11,019 SF
Property subtype: Office

Building Details

Year Built: 1978

We can help!

Contact an agent

Darin Edwards

Listing office Commercial Properties Inc

Listing date Jan 26, 2026

Source Corfac

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 Commercial Properties Inc

HighLights

Flexible floor plan allowing easy reconfiguration for one or more tenants.
Ample surface and covered parking and convenient access for employees and visitors.
Close proximity to major freeways, the airport, and Downtown Phoenix.
Multiple training rooms and bullpens for collaborative or instructional use.
Large reception/showroom area.
Freeway monument signs.

Overview

This office building, located at 24th Street and University Drive, is available for sale. The property features multiple training rooms and bullpens suitable for collaborative or instructional purposes. It includes two break rooms, several private offices, and a large reception/showroom area. The flexible floor plan allows for easy reconfiguration to accommodate one or more tenants. Ample surface and covered parking is available, providing convenient access for employees and visitors. The property is in close proximity to major freeways, the airport, and Downtown Phoenix and features freeway monument signs. The property has a size of 11019 square feet.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$338.5k	$30.72
− Vacancy	−$87.0k	−$7.90
EGI	$251.5k	$22.82
− OpEx	−$62.9k	−$5.71
NOI	$188.6k	$17.12

11,019 SF · lease $30.72/SF/yr · vacancy 25.70% · expense 25.00%

Alternative Uses

Best Use

Office B

$2.69M

$2.36M – $3.14M (±1% cap)

NOI $188,631 @ 7.0% cap · market cap 7.70%

Second Best

—

no second resolved use

Theoretical Best

Office A

$3.34M

$2.92M – $3.89M (±1% cap)

NOI $233,642 @ 7.0% cap · market cap 9.54%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Connectforce Business Administration Service

Suggested Use

Location Insight

Map
Local Demand

City: Phoenix
County: Maricopa
State: Arizona
Longitude: -112.027
Latitude: 33.4245

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For sale
Office buildings
AZ
Phoenix
85034
2544 E University Dr

What type of property is this?

Office building - Office building with training rooms, flexible layout, and ample parking.

Where is this office building located?

The property is located at 2544 E University Dr Phoenix, AZ.

What is the asking price?

The asking price for this property is $2,450,000.

What are key features of this property?

This property features: Flexible floor plan allowing easy reconfiguration for one or more tenants.; Ample surface and covered parking and convenient access for employees and visitors.; Close proximity to major freeways, the airport, and Downtown Phoenix.