Search
Restored Historic Office Building
For Lease
$1,510/Mo per office

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

Renovated office suites offer upgraded connectivity and flexible workspace options in downtown Phoenix.

Space SizeContact for details
Days on Market77

Property Features for 700g-112 N Central Ave

General Information

Standard status Active

Space & Availability

Space Use Office
Condition Second Generation

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $136,296

Amenities

upgraded IT infrastructure
high-speed internet

Building Details

Year Built 1919
Listing Agency: West USA Realty
Listed By: Everardo M Chavez · License #BR657488000
Source: Exprealty
Added: Jun 6 Changed: Aug 20 Last Checked: Aug 21 at 11:52AM

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

Investment Insights

Based on property information with market context.

The Heard Building is a restored office property originally constructed in 1919. Its office suites have been renovated with upgraded IT infrastructure, high-speed internet, and flexible workspace options for businesses at different stages of growth. The property retains its historic character while incorporating contemporary workplace features.

Located at 700g-112 N Central Ave in downtown Phoenix, the building is near dining, transit, cultural destinations, City Hall, and the Phoenix Convention Center. The light rail is also within steps of the property, supporting convenient access to the surrounding downtown area.

Key Highlights

  • Historic office building originally constructed in 1919
  • Renovated office suites with flexible workspace options
  • Upgraded IT infrastructure and high‑speed internet

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

$18.83 /SF/Yr
Avg Asking Price
$1.86–$45 /SF/Yr
Price Range
8,467 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Renovated office suites offer upgraded connectivity and flexible workspace options in downtown Phoenix.
Where is this office units located?
The property is located at 700g-112 N Central Ave Phoenix, AZ.
What is the lease rate?
The lease rate is $1,510/Mo per office.
What are key features of this property?
This property features: Historic office building originally constructed in 1919; Renovated office suites with flexible workspace options; Upgraded IT infrastructure and high‑speed internet
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message