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Two-Story Class B Office Building
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77 E Columbus Ave, Phoenix, AZ 85012

Two-story Class B office building constructed in 1980, with space available for an owner-user and current partial occupancy.

Property SizeContact for details
Days on Market119

Property Features for 77 E Columbus Ave

General Information

Standard status Active
Property subtype Office
Listing Agency: Lee & Associates - Arizona
Listed By: Marcus Muirhead · License #AZ SA543465000
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 20 at 7:26PM

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 Lee & Associates - Arizona

Investment Insights

Based on property information with market context.

Columbus 77 is an approximately 2-story, Class B office building constructed in 1980. The property offers an owner-user opportunity to occupy approximately 7,508 rentable square feet while also benefiting from income from the existing tenant base. Presently, the building is 57.12% occupied.

The property is located in Midtown Phoenix. It sits near the Central Avenue corridor, which has seen new residential and commercial development. Two METRO light rail stations at Central Avenue/Osborn Road and Central Avenue/Indian School Road are located less than one-half of a mile from the property.

As an office building with an established tenant base and available space, Columbus 77 is positioned for buyers considering an owner-occupant strategy supported by current occupancy.

Key Highlights

  • Approx. 17,511 rentable SF, 2‑story Class B office building constructed in 1980
  • Presently 57.12% occupied with a tenant mix of local and national tenants
  • Owner‑user option: space available for approximately 7,508 SF while retaining cash flow from existing tenants

Property Analytics

Current Use

Andrea Raby Physician JUDY C. FLANAGAN, ... Law Firm acs Marketing & Advertising Dr. Courtney C. ... Physician Jamie Crumley Registered General Nurse

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Grooming Service Florist Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,877
Businesses Nearby

Demographics for 85012, AZ

8,201
Population
5,269
Households
1.6
Avg Household Size
39
Median Age
60%
College-Educated
95%
High-School Grad
2.3 sq mi
ZIP Area
3,566
Density / Sq Mi
$80,242
Median Household Income
$57,228
Median Earnings
$1,693
Median Rent
$701,200
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Office building - Two-story Class B office building constructed in 1980, with space available for an owner-user and current partial occupancy.
Where is this office building located?
The property is located at 77 E Columbus Ave Phoenix, AZ.
What are key features of this property?
This property features: Approx. 17,511 rentable SF, 2‑story Class B office building constructed in 1980; Presently 57.12% occupied with a tenant mix of local and national tenants; Owner‑user option: space available for approximately 7,508 SF while retaining cash flow from existing tenants
More about this property
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