Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR LEASE
    Office buildings

    130 N Central Ave, Phoenix, AZ 85004

    23,925 SF 0.16 ac lot Built 1929
    Entity Owned 11-yr Hold Free & Clear
    Property ID
    US07-0281816
    Property summary
    AI-generated overview

    This vibrant Phoenix, Arizona, commercial property, located at 130 N Central Ave, 85004, offers multiple creative office and retail spaces within a single three-story building totaling 28,000 square feet. Built in 1951, the Class C building is situated at the intersection of Central Avenue and Monroe Street, in the heart of downtown Phoenix, offering convenient access to public transportation. The property is zoned DC and is within Maricopa County. Individual suites range from a minimum of 605 square feet to a maximum contiguous space of 1,356 square feet, making it ideal for a variety of businesses. While there is no on-site parking, the building's location provides easy access to the Light Rail, just one block away. The building benefits from a high-energy location, adjacent to residential buildings, and popular dining and entertainment venues. The property currently houses the Valley Bar and soon a new concept will occupy the former deli space. A neighboring Cornish Pasty Co. is also expanding, further enhancing the area's vibrancy. The building features elevators for convenient access to all three floors.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1929
    Construction CONCRETE
    Total area 23,925 SF
    Lot 0.16 ac (6,875 SF)
    Zoning code DTC-BCORE
    APN 112-21-057
    UPID US07-0281816
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Satellite Innovation & Design IT Consulting Firm
    • Arizona PIRG Education Fund Restaurant Take-out & Catering
    • Weeks Law Office Law Firm
    • Ankeny Law Law Firm
    • MobileBytes, L.L.C. (Bike/Boat/Book/etc) Store Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $6.33M
    Blend (final) Blend
    $6.33M
    Owner & transaction history
    130 North Central LLC · 11 yrs held
    130 North Central LLC
    since 2015
    4 recorded transactions
    2015
    2008
    $700,000
    2002
    $700,000
    1988
    $1.0M
    Zoning & alternative use
    DTC-BCORE · Phoenix, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $10.1M +39.8%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    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