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Architectural Office Building with Atrium

4450 N 12th St, Phoenix, AZ

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For Sale

Contact for pricing

Garden-style office building with convenient access and recent upgrades.

Type:OFFICE

Property size:

18,547 SF

Lot size:

1.31 Acres

Price / SF:

$256/SF

HighLights

Famed Al Beadle Architectural Design
Lush landscaped atrium provides garden style office building and outdoor environmental feel
Convenient access throughout the Valley (minutes from the 51 and I‑17)
Floor‑to‑ceiling glass windows with spectacular courtyard views and natural light
Peaceful courtyard with serene water fountain and mature trees
Numerous recent Capital Improvement upgrades

We can help!

Listing Contact

Jason Reddington

For Sale

Contact for pricing

Garden-style office building with convenient access and recent upgrades.

Type:OFFICE

Property size:

18,547 SF

Lot size:

1.31 Acres

Price / SF:

$256/SF

Added:: May 22, 2025
Days on Market:: 393
Last Refresh:: May 20 at 9:15 pm

Property Features for 4450 N 12th St

General Information

Standard status: Active
Size: 18,547 SF
Lot size: 1.31 Acres
Property subtype: OFFICE

We can help!

Listing Contact

Jason Reddington

Listing agent Jason Reddington License #AZ SA649025000

Listing office LevRose Commercial Real Estate

Listing date May 22, 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 LevRose Commercial Real Estate

HighLights

Famed Al Beadle Architectural Design
Lush landscaped atrium provides garden style office building and outdoor environmental feel
Convenient access throughout the Valley (minutes from the 51 and I‑17)
Floor‑to‑ceiling glass windows with spectacular courtyard views and natural light
Peaceful courtyard with serene water fountain and mature trees
Numerous recent Capital Improvement upgrades

Overview

This office building features a famed Al Beadle architectural design. A lush landscaped atrium provides a highly desired garden-style office environment with an outdoor feel. The property is located minutes from the 51 and I-17, providing convenient access throughout the Valley. It is also situated just around the corner from Biltmore and the Town & Country Food and Shops. Numerous capital improvement upgrades have been made recently. Floor-to-ceiling glass windows offer views into the courtyard, allowing for plenty of natural light. The peaceful courtyard features a serene water fountain surrounded by mature trees, creating a relaxing environment. The property size is 18547 square feet.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$569.8k	$30.72
− Vacancy	−$146.4k	−$7.90
EGI	$423.3k	$22.82
− OpEx	−$105.8k	−$5.71
NOI	$317.5k	$17.12

18,547 SF · lease $30.72/SF/yr · vacancy 25.70% · expense 25.00%

Alternative Uses

Best Use

Office B

$4.54M

$3.97M – $5.29M (±1% cap)

NOI $317,501 @ 7.0% cap · market cap 6.68%

Second Best

—

no second resolved use

Theoretical Best

Office A

$5.62M

$4.92M – $6.55M (±1% cap)

NOI $393,263 @ 7.0% cap · market cap 8.28%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Rare Berry Group Business To Business Service Garth Williams Casting, ... Employment Agency Cypress Civil Development Civil Engineer knoodle advertising Marketing & Advertising Choukalas Design Marketing & Advertising

Suggested Use

Location Insight

Map
Local Demand

City: Phoenix
County: Maricopa
State: Arizona
Longitude: -112.057
Latitude: 33.5018

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For sale
Office buildings
AZ
Phoenix
4450 N 12th St

What type of property is this?

Office building - Garden-style office building with convenient access and recent upgrades.

Where is this office building located?

The property is located at 4450 N 12th St Phoenix, AZ.

What is the asking price?

The asking price for this property is $4,750,000.

What are key features of this property?

This property features: Famed Al Beadle Architectural Design; Lush landscaped atrium provides garden style office building and outdoor environmental feel; Convenient access throughout the Valley (minutes from the 51 and I‑17)

4450 N 12th St, Phoenix, AZ

Garden-style office building with convenient access and recent upgrades.

Property Features for 4450 N 12th St

General Information

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Licensed Behavioral Health Center

Assisted Living Licensed Home

Phoenix Assisted Living Investment Property

Office/Flex Mixed-Use Property

Turnkey Phoenix Short-Term Rental

Side-by-Side Duplex Investment

2025-Built Duplex Investment

Side-by-Side 2025 Duplexes

5-Unit Multifamily with Recent Renovations

Two-Bedroom Fourplex with Private Yards

Phoenix Duplex with Rental Potential

Fourplex Residential Income Property

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