Downtown Office
For Lease
$21 SF/Yr
331 N 1st Ave, Phoenix, AZ 85003
Nicely appointed office space in a walkable downtown Phoenix building near transit and dining.
Space Size8,000 SF
Days on Market114
Property Features for 331 N 1st Ave
General Information
Standard status
Active
Size
8,000 SF
Property subtype
Retail
Lease Term
NNN
Site & Location
Neighborhood
Central City
Building Details
Building Size
8,000 SF
Year Built
1978
Spaces For Lease
at 331 N 1st Ave
331 N 1st Ave, Ste 100
$21/SF/Yr
Size
8,000 SF
Term
Negotiable
Listing Agency:
Commercial Properties Inc
Listed By:
Brandon Koplin · License #SA567178000
(602) 373-4717
Source:
Cpiaz
Added: Jul 4
Changed: Oct 4
Last Checked: Oct 24 at 2:23PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Nicely appointed office space offered for rent in the heart of downtown Phoenix. The property is presented as an office unit within a walkable building.
The building location is described as close to City Park, a bus terminal, and light rail, with restaurants nearby and access to parking garages.
At approximately 8,000 square feet, this offering is suited for tenants seeking centrally located office space within a connected downtown setting.
The building location is described as close to City Park, a bus terminal, and light rail, with restaurants nearby and access to parking garages.
At approximately 8,000 square feet, this offering is suited for tenants seeking centrally located office space within a connected downtown setting.
Key Highlights
- Nicely appointed office space in downtown Phoenix
- Walkable building near City Park
- Close to bus terminal and light rail
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
5,728
Businesses Nearby
Explore this area
Business Placement
Demographics for 85003, AZ
11,042
Population
6,117
Households
1.8
Avg Household Size
37
Median Age
45%
College-Educated
87%
High-School Grad
1.9 sq mi
ZIP Area
5,812
Density / Sq Mi
$56,672
Median Household Income
$55,122
Median Earnings
$1,258
Median Rent
$577,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Phoenix, AZ
$20.17 /SF/Yr
Avg Asking Price
$1.16–$114 /SF/Yr
Price Range
10,010 SF
Avg Space Size
This space is priced 4% above the average of $20.17 /SF/Yr.
Vacancy Rate% for Office in Phoenix, AZ
Frequently Asked Questions
What type of property is this?
Office unit - Nicely appointed office space in a walkable downtown Phoenix building near transit and dining.
Where is this office unit located?
The property is located at 331 N 1st Ave Phoenix, AZ.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Nicely appointed office space in downtown Phoenix; Walkable building near City Park; Close to bus terminal and light rail
