Financial
Distress signals
Property profile

4350 E Cotton Center Blvd Phoenix, AZ 85040

FOR LEASE
Office buildings
Property ID
US07-1631785
55,687 SF 4.56 ac lot Built 2005
Last sale Dec 2021 · $55,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a flex space building in Phoenix, Arizona with 57,108 square feet of interior space. It is positioned near major transportation and employment centers, including being approximately half a mile from Interstate 10 and about five minutes from Phoenix Sky Harbor International Airport, with nearby access to Arizona State University and Downtown Tempe (about six minutes). The site is adjacent to the Marriott Buttes Resort Hotel and near Homewood Suites by Hilton in the Cotton Center

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$161k
Tax billed · 2023
Assessed value · 2024$1.99M
Effective rate8.11%

Value estimate

· Sep 2026
$43.56M
$39.20M – $47.91M
Sales comparison$29.36M
NOI build-up
Gross scheduled income$583k
Vacancy & credit loss−$69k
Operating expenses−$154k
NOI · 2,177,145.45% cap applied$359k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$567/SF
ZIP average, outlier-cleaned · 49 recorded sales of this use type
Observed band · Q1–Q3$200 – $1,055
Qualifying comparables7

Cap rate analysis

How does the asset earn?
2,177,145.45%
$359k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CP/GCP
The most flexible option provides for a broad range of manufacturing, warehousing, distribution and supportive retail sales and services
General categoryINDUSTRIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office20.2
Realty agency15.1
Hair Salon13.3

Location

4350 E Cotton Center Blvd Phoenix, AZ 85040
County assessor Recorded deeds · 3 transfers 7 qualifying comp sales Zoning catalog

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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4121 Cotton Ctr, Phoenix, AZ 85040-8849 $19,000,000 Dec 2025 81,185 SF
4950 48th, Phoenix, AZ 85040-4818 $22,400,000 May 2025 74,221 SF
4050 Cotton Ctr, Phoenix, AZ 85040-8861 $38,000,000 Feb 2024 26,599 SF
3925 Broadway, Phoenix, AZ 85040-2966 $17,450,000 Feb 2024 75,000 SF
4150 Riverpoint, Phoenix, AZ 85040-0741 $22,989,409 Jun 2023 91,938 SF
3125 Wood, Phoenix, AZ 85040-0729 $7,526,800 Dec 2022 54,076 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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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
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