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Three-Story Office Building
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3724 N 3rd St, Phoenix, AZ 85012

R-5 zoning and walking-distance access to Metro light rail define this centrally located office property.

Property Size19,259 SF
Days on Market141

Property Features for 3724 N 3rd St

General Information

Standard status Active
Size 19,259 SF
Property subtype Office
Zoning R-5

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Building Details

Buildings 1
Stories 3
Building Size 19,259 SF
Construction concrete
Listing Agency: Cushman & Wakefield - Phoenix, Arizona
Listed By: Eric Wichterman · License #AZ SA109618000
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 8:22PM

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 Cushman & Wakefield - Phoenix, Arizona

Investment Insights

Based on property information with market context.

This three-level podium-style office building contains approximately 19,259 square feet and presents a concrete exterior with tapered window fenestration on the third floor. The property occupies the southwest corner of 3rd Street and Clarendon Avenue in Phoenix, providing direct access from two streets and a prominent corner setting.

The building is zoned R-5 by the City of Phoenix. A special use permit may allow overnight-stay use. Metro light rail is within walking distance, while four freeways are located within four miles and Sky Harbor Airport is approximately 15 minutes away. Five major hospitals and five universities are also situated within four miles of the property.

Key Highlights

  • Approximately 19,259 SF three‑story podium‑style office building
  • R‑5 zoning in the City of Phoenix
  • Southwest corner of 3rd Street and Clarendon Avenue

Property Analytics

Current Use

Claudia Macias Pediatrician Genesis Medical Management Medical Group Caliber Anesthesia Medical Clinic Dr. Thomas Hulm Alternative Medicine Practice Dr. Joel Braun Physician

Suggested Use

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

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,914
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

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 building - R-5 zoning and walking-distance access to Metro light rail define this centrally located office property.
Where is this office building located?
The property is located at 3724 N 3rd St Phoenix, AZ.
What are key features of this property?
This property features: Approximately 19,259 SF three‑story podium‑style office building; R‑5 zoning in the City of Phoenix; Southwest corner of 3rd Street and Clarendon Avenue
(602) 954-9000 Call to check price and availability
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