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Renovated Office Campus
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4605 E Elwood St, Phoenix, AZ 85040

Renovated office property with updated lobbies and common areas plus an on-site café with private patio.

Property Size9,351 SF
Days on Market646

Property Features for 4605 E Elwood St

General Information

Standard status Active
Size 9,351 SF
Property subtype OFFICE

Amenities

courtyard
café with private patio
Listing Agency: Colliers | Phoenix
Listed By: Todd Noel, CCIM · License #SA528215000
Source: Moodyscre
Added: Oct 24, 2024 Changed: Jul 28 Last Checked: Jul 30 at 1:37PM

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 Colliers | Phoenix

Investment Insights

Based on property information with market context.

This renovated office property features newly renovated lobbies and common areas, along with a newly renovated courtyard for a campus feel. The site also includes an on-site café with a private patio, supporting day-to-day convenience for building occupants.

The property is positioned for freeway visibility, and it is described as being in close proximity to the airport. Numerous restaurants and hotels are located nearby.

With its updated shared spaces and courtyard setting, the property is designed to support a professional office environment for tenants seeking an improved workplace presentation.

Key Highlights

  • Newly renovated office property with updated lobbies and common areas
  • On‑site café with a private patio
  • Newly renovated courtyard

Property Analytics

Current Use

Sentry Management, Inc. Residents Association cafe at the towers Cafe & Coffee Shop RXO Postal Service C Dce Center ... High School Sky Harbor Towers Corporate Office

Suggested Use

Top Pick Dental Office Nail Salon Hair Salon Veterinary Clinic Bakery Butcher

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

Location Intelligence

Trade Area within ½ mile

487
Businesses Nearby

Demographics for 85040, AZ

33,993
Population
11,962
Households
2.8
Avg Household Size
30
Median Age
15%
College-Educated
69%
High-School Grad
10.1 sq mi
ZIP Area
3,366
Density / Sq Mi
$57,890
Median Household Income
$36,355
Median Earnings
$1,193
Median Rent
$294,800
Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$25.81 /SF/Yr
Avg Asking Price
$11.95–$47 /SF/Yr
Price Range
54,830 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office building - Renovated office property with updated lobbies and common areas plus an on-site café with private patio.
Where is this office building located?
The property is located at 4605 E Elwood St Phoenix, AZ.
What are key features of this property?
This property features: Newly renovated office property with updated lobbies and common areas; On‑site café with a private patio; Newly renovated courtyard
(602) 692-8290 Call to check price and availability
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