420 W Roosevelt St, Phoenix, AZ
Office building for sale near Roosevelt Row Arts District.
- Added:
- May 30, 2025
- Days on Market:
- 404
- Last Refresh:
- May 19 at 8:49 pm
Property Features for 420 W Roosevelt St
General Information
- Standard status
- Active
- Size
- 8,008 SF
- Lot size
- 0.47 Acres
- Property subtype
- OFFICE
Listing office ORION Investment Real Estate (714) 292-6171
Listing date May 30, 2025
Source Moodyscre
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 ORION Investment Real Estate
HighLights
- Zoned C‑2 allowing for a wide variety of uses
- Located close to the heavily trafficked Roosevelt Row Arts District
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 | $246.0k | $30.72 |
| − Vacancy | −$63.2k | −$7.90 |
| EGI | $182.8k | $22.82 |
| − OpEx | −$45.7k | −$5.71 |
| NOI | $137.1k | $17.12 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.08
- Latitude
- 33.459
