Entity Owned 
For Lease
Property summary
This exceptional investment opportunity presents a 45,189 square-foot, single-story office building in Phoenix, Arizona's desirable Deer Valley submarket. The property, built in 2001, sits on a 3.87-acre lot and boasts 230 parking spaces. Currently 100% occupied by two high-quality tenants, including a subsidiary of Blue Cross Blue Shield and L3 Communications (a tenant for approximately 21 years), this net-lease asset offers a compelling 7.35% cap rate and an asking price of $10,005,000. … The building features modern office space with excellent freeway access and high visibility. Its location benefits from robust economic activity in the area, including significant recent investments and the proximity to a major new semiconductor manufacturing campus, promising continued growth and strong long-term value appreciation. The property's single-story design and size (between 30,000 and 50,000 square feet) align with current market trends showing lower vacancy rates compared to multi-story buildings in the Metro Phoenix area. The zoning is IND-PK. This is a rare opportunity to acquire a well-located, fully leased, and high-performing asset in a thriving market. The property's strong tenant base, coupled with its strategic location and favorable market conditions, makes it an ideal investment for those seeking stable income and long-term growth potential. The building's modern design and ample parking further enhance its appeal to tenants and investors alike. This is a truly exceptional opportunity to acquire a premier commercial property in one of Phoenix's most dynamic submarkets.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 13 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar in This City for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 45,189 SF
- Lot area
- 3.87 ac
- Year built
- 2000
- Stories
- 1
- APN
- 209-13-981
- Zoning
- IND.PK.
- Assessed value · 2024
- $1,226,016
- Annual tax · 2023
- $101,615
- Office Building · current use
- Retail Stores
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- NOI Potential
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- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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