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Renovated Office Building
New
For Lease
$22 SF/Yr

2727 N 3rd St., Phoenix, AZ 85004

Multi-level office suites provide elevator access, renovated finishes, and flexible size options.

Space Size1,583 SF - 4,202 SF
Property Size12,502 SF
Days on Market7

Property Features for 2727 N 3rd St.

General Information

Standard status Active
Size 1,583 SF - 4,202 SF
Net Rentable 1,583 SF
Class B
Total Parking Spaces 47
Elevators Yes
Property subtype Office
Lease Term Full Service

Space & Availability

Available Space 1,583-12,502 SF
Contiguous Space 12,502 SF
Divisible Yes
Space Use Office
Sublease No

Site & Location

Highway Access Yes
Public Transit Yes

Building Details

Building Size 12,502 SF
Year Built 1985
Year Renovated 2018
Stories 3
Tenancy Multi

Spaces For Lease

at 2727 N 3rd St. Contact us

Suite 201 $22/SF/Yr

Size
4,202 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 202 $22/SF/Yr

Size
1,583 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 301 $22/SF/Yr

Size
2,462 SF
Type
Office Building
Term
Negotiable
Contact us

Suite 302 $22/SF/Yr

Size
3,269 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency: SVN | Desert Commercial Advisors
Listed By: Justin Horwitz, SIOR · License #AZ #SA674245000
Source: Svndesertcommercial
Added: Aug 15 Changed: Aug 16 Last Checked: Aug 21 at 4:37AM

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 SVN | Desert Commercial Advisors

Investment Insights

Based on property information with market context.

The Citadel is a three-level office property offering suites from 1,583 SF to the full 12,502 SF building. Two office levels were renovated in 2018 and include high-end finishes, while elevator service connects the floors. A below-grade parking garage serves the property, with 29 total parking spaces onsite.

Located at 2727 N. 3rd St. in Phoenix, the property offers access to light rail and the I-10 and I-51 freeways. An additional 18 parking stalls are positioned along 3rd St. immediately in front of the building. Ownership will consider a lease with an option to purchase.

Key Highlights

  • Office suites range from 1,583 SF to the full 12,502 SF building
  • Three‑level office property with elevator access
  • Two office levels renovated in 2018 with high‑end finishes

Property Analytics

Current Use

Bowden Investment Group Corporate Office Item 9 Labs Corporate Office The Matian Firm Law Firm The Citadel College Fluid Solutions Environmental Consultant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Carpet & Flooring Store Florist Butcher Locksmith

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

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,375
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

$25.89 /SF/Yr
Avg Asking Price
$11.95–$47 /SF/Yr
Price Range
28,663 SF
Avg Space Size

This space is priced 15% below the average of $25.89 /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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Multi-level office suites provide elevator access, renovated finishes, and flexible size options.
Where is this office building located?
The property is located at 2727 N 3rd St. Phoenix, AZ.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Office suites range from 1,583 SF to the full 12,502 SF building; Three‑level office property with elevator access; Two office levels renovated in 2018 with high‑end finishes
More about this property
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