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5009 E Washington St, Phoenix, AZ 85034

Renovated mixed-use development with unique design and community features.

Space Size1,685 SF - 2,341 SF
Property Size30,000 SF
Days on Market904

Property Features for 5009 E Washington St

General Information

Standard status Active
Size 1,685 SF - 2,341 SF
Class B
Property subtype Office
Lease Type Full Service

Building Details

Building Size 30,000 SF
Year Built 1953
Tenancy Multiple

Spaces For Lease

at 5009 E Washington St Contact us

Suite 120

Size
1,685 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 125

Size
2,283 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 130

Size
2,341 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: Kidder Mathews
Listed By: Kurt Kerner · License #SA 704414000
Source: Crexi
Added: Feb 19, 2024 Changed: Aug 8 Last Checked: Aug 10 at 6:41AM

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 Kidder Mathews

Investment Insights

Based on property information with market context.

This building has undergone a complete renovation as part of The StockYards development, a 99,900-square-foot, user-driven mixed-use space. The development preserves Arizona's past through renovation, while building a sense of community for office users through thoughtful design. The unique development features the newly renovated StockYards Restaurant, office and industrial buildings. The new development will feature a pedestrian-friendly campus and common areas including a courtyard with cafe-style seating, a bocce court and horseshoe pits. It is centrally located between Downtown Phoenix and Tempe and offers freeway access via Loop 202 which links to all major freeways. There are 42 business hotels within 3 miles of the location, which is just minutes away from Sky Harbor International Airport. Additionally, the location is near Arizona State University and Gateway Community College and there are several amenities nearby including retail, restaurants, banks and apartments.

Key Highlights

  • Part of The StockYards: A 99,900 sq ft mixed‑use development with renovated buildings and a focus on community.
  • Centrally Located: Between Downtown Phoenix and Tempe with excellent freeway access via Loop 202.
  • Newly Renovated: Building underwent a complete renovation as part of the development.

Property Analytics

Current Use

The Stockyards Steakhouse Restaurant Dickinson Wright Law Firm Weems Asphalt General Contractor

Suggested Use

Top Pick Dental Office Nail Salon Hair Salon Spa & Massage Center Grocery & Convenience Store Electrical Service

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
$4.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

626
Businesses Nearby

Demographics for 85034, AZ

5,033
Population
2,901
Households
1.7
Avg Household Size
32
Median Age
32%
College-Educated
81%
High-School Grad
11.6 sq mi
ZIP Area
434
Density / Sq Mi
$53,545
Median Household Income
$43,236
Median Earnings
$1,205
Median Rent
$397,400
Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$25.7 /SF/Yr
Avg Asking Price
$11.95–$47 /SF/Yr
Price Range
27,468 SF
Avg Space Size

This space is priced 13% above the average of $25.7 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office building - Renovated mixed-use development with unique design and community features.
Where is this office building located?
The property is located at 5009 E Washington St Phoenix, AZ.
What is the lease rate?
The lease rate is $29 SF/Yr.
What are key features of this property?
This property features: Part of The StockYards: A 99,900 sq ft mixed‑use development with renovated buildings and a focus on community.; Centrally Located: Between Downtown Phoenix and Tempe with excellent freeway access via Loop 202.; Newly Renovated: Building underwent a complete renovation as part of the development.
(858) 964-8019 Call to check price and availability
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