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Renovated Office Space in Midtown
For Lease
$29.75 SF/Yr

3141 N 3rd Ave, Phoenix, AZ 85012

Newly renovated office space with on-site amenities and community space.

Property Size80 SF
Days on Market326

Property Features for 3141 N 3rd Ave

General Information

Standard status Active
Size 80 SF
Property subtype Office

Building Details

Year Built 1957
Listing Agency:
Listed By: Andrew Cheney, CCIM, CRE, SIOR
Source: Lee-associates
Added: Sep 10, 2025 Changed: Jul 6 Last Checked: Jul 31 at 3:54AM

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 Andrew Cheney, CCIM, CRE, SIOR

Investment Insights

Based on property information with market context.

The newly renovated Park Central offers office spaces with access to nine on-site restaurants, with plans for more additions. The property includes ample outdoor community space for tenants. Renovated walking areas and bike paths are available, along with a pedestrian connection to Central Avenue. Located in Midtown, Park Central combines office, retail, community, and art spaces.

Key Highlights

  • Located in the heart of Midtown.
  • Nine on‑site restaurants (with more planned).
  • Ample outdoor community space.

Property Analytics

Current Use

Ms. Erika Geiggar-Schad Physician Carol Olson Physician Jennifer Jaeckel Foster Care Service Brett Willden Pediatrician Sheetal Wadera Pediatrician

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Kitchen & Bath Showroom Grocery & Convenience Store Food Market

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
$4.46 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

449
Businesses Nearby

Demographics for 85012, AZ

8,201
Population
5,269
Households
1.6
Avg Household Size
39
Median Age
60%
College-Educated
95%
High-School Grad
2.3 sq mi
ZIP Area
3,566
Density / Sq Mi
$80,242
Median Household Income
$57,228
Median Earnings
$1,693
Median Rent
$701,200
Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$18.84 /SF/Yr
Avg Asking Price
$0.58–$59.85 /SF/Yr
Price Range
11,631 SF
Avg Space Size

This space is priced 58% above the average of $18.84 /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 units - Newly renovated office space with on-site amenities and community space.
Where is this office units located?
The property is located at 3141 N 3rd Ave Phoenix, AZ.
What is the lease rate?
The lease rate is $29.75 SF/Yr.
What are key features of this property?
This property features: Located in the heart of Midtown.; Nine on‑site restaurants (with more planned).; Ample outdoor community space.
More about this property
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