2715 N 3rd St, Phoenix, AZ 85004
Office building for sale near Central Ave and Light Rail.
- Added:
- Mar 6, 2026
- Days on Market:
- 123
- Last Refresh:
- Jul 2 at 5:38 am
Property Features for 2715 N 3rd St
General Information
- Standard status
- Active
- Size
- 16,300 SF
- Lot size
- 1.04 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1984
Listing office Keyser Commercial Real Estate
Listing date Mar 6, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Keyser Commercial Real Estate
HighLights
- Separately metered for multi‑tenant leased space or office condos.
- ±1.04 Acres.
- Ample Parking: 4/1000 parking ratio with 38 covered and 12 uncovered spaces.
- Conveniently located 3 blocks off Central Ave/Light Rail.
- Features an open atrium.
- Masonry construction.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $500.7k | $30.72 |
| − Vacancy | −$128.7k | −$7.90 |
| EGI | $372.0k | $22.82 |
| − OpEx | −$93.0k | −$5.71 |
| NOI | $279.0k | $17.12 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.0689323
- Latitude
- 33.4785737