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Historic Downtown Office Suite
For Lease
$3,300/Mo per office

700d-112 N Central Ave, Phoenix, AZ 85004

Fully renovated office suites in a restored 1919 building with upgraded IT infrastructure and high-speed internet.

Space SizeContact for details
Days on Market142

Property Features for 700d-112 N Central Ave

General Information

Standard status Active

Site & Location

Neighborhood Central City

Taxes and HOA fees

Annual Taxes $136,296

Amenities

upgraded IT infrastructure
high-speed internet
flexible workspace options

Building Details

Year Built 1919
Listing Agency: West USA Realty
Listed By: Everardo M Chavez · License #BR657488000
Source: Exprealty
Added: Jun 6 Changed: Oct 10 Last Checked: Oct 24 at 9:59PM

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 West USA Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The Heard Building is a restored historic property originally built in 1919, now offering fully renovated office suites. Suites are supported by upgraded IT infrastructure, high-speed internet, and flexible workspace options intended to accommodate changing business needs.

The building is located in downtown Phoenix, with proximity to dining, transit, and cultural destinations. Public transit access includes being steps from the light rail, and the property is also described as near City Hall and the Phoenix Convention Center.

Suites are presented as move-in ready with modern connectivity and an updated office environment within a landmark building setting.

Key Highlights

  • Heard Building originally built in 1919 and now a restored historic landmark in downtown Phoenix
  • Fully renovated office suites with upgraded IT infrastructure
  • High‑speed internet and flexible workspace options for growing businesses

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Mobile Phone Store Veterinary Clinic Fish Market

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

5,435
Businesses Nearby

Demographics for 85004, AZ

8,833
Population
6,455
Households
1.4
Avg Household Size
32
Median Age
59%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
4,206
Density / Sq Mi
$71,250
Median Household Income
$46,376
Median Earnings
$1,759
Median Rent
$365,500
Median Home Value

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

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

Frequently Asked Questions

What type of property is this?
Office unit - Fully renovated office suites in a restored 1919 building with upgraded IT infrastructure and high-speed internet.
Where is this office unit located?
The property is located at 700d-112 N Central Ave Phoenix, AZ.
What is the lease rate?
The lease rate is $3,300/Mo per office.
What are key features of this property?
This property features: Heard Building originally built in 1919 and now a restored historic landmark in downtown Phoenix; Fully renovated office suites with upgraded IT infrastructure; High‑speed internet and flexible workspace options for growing businesses
More about this property
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