1616 Central Ave, Phoenix, AZ 85004
This exceptional Phoenix, Arizona commercial property, located at 1616 N Central Ave, zip code 85004, offers 2,960 square feet of flexible executive office space in a restaurant building. Currently a grey-shell space, this presents a unique opportunity for a tenant to customize their ideal workspace. The property is situated in Maricopa County and offers multiple tenancy options. Individual suites range from a minimum of 1,000 square feet to a maximum contiguous space of 1,960 square feet, with the entire 2,960 square feet currently vacant. This provides significant flexibility for businesses of various sizes seeking a prominent location in Phoenix. Tenant improvement dollars are available, allowing for a cost-effective build-out tailored to specific business needs. The property's central location offers excellent accessibility and visibility, making it an ideal choice for businesses seeking a high-profile address. This is a rare opportunity to secure a well-positioned, adaptable space in a thriving Phoenix market. Contact us today to learn more about this exciting opportunity.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.