Office For Sale in 85003
21 results
Address
Asking Price
313 W Apache St
Central City, Phoenix, AZ
Lot Size:4.89Acres
$1,400,000
20 W Jackson St
Central City, Phoenix, AZ
Building Size:21,000SF
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Sold - Historic Office Building in Downtown Phoenix
420 W Roosevelt St
Central City, Phoenix, AZ
Lot Size:0.17Acres
SOLD: Kenilworth on Roosevelt, a registered historic property on the exterior and a first class office build-out on the interior. Located at 420 W. Roosevelt Street, the property is a two-story, historically designated office building, consisting of approximately 7,500 square feet on approximately 20,300 square feet of C-2 zoned land in the heart of Phoenix. Sale price was $1.35 million.
$1,450,000
550 W Portland St
Central City, Phoenix, AZ
Building Size:1,769SF
$550,000
349 N. 4th Ave
349 N 4th Ave
Central City, Phoenix, AZ
$1,099,000
Luxury Multifamily Investment in Downtown Phoenix
888 N 1st Ave
Central City, Phoenix, AZ
Lot Size:1.53Acres
Union @ Roosevelt is a Class A+, 80-unit mid-rise development with 9,100 square feet or retail built in 2017, located in dynamic downtown Phoenix at 888 North 1st Avenue. This luxury community features premium condominium-quality finishes with attentive ground-floor retail. Union @ Roosevelt offers a significant competitive advantage through its 25-year tax abatement, with an estimated $5 million in tax savings over its duration.
Visit our property website for investment details and to request the offering memorandum.
The design, construction and quality finishes used to develop the property provides an opportunity to acquire a pride-of-ownership development. The five-story podium construction incorporates over 20 inches of concrete and foam to separate the parking structure from residential units, creating a superior noise reduction that is approximately twice the industry standard. Condo-style quality build, featuring reinforced and insulated adjoining party walls between units, expansive floor plans, unparalleled city views, and high-grade dual pane windows to minimize transmission of sound.
Interior unit finishes consist of custom cabinetry with nickel finish hardware, large walk-in closets, white quartz countertops with under mount stainless steel sinks, commercial kitchen faucets, high grade Whirlpool appliances and Smart box technology wiring throughout.
Located in an urban infill location, there are significant barriers to entry on competing multifamily within downtown Phoenix. Shortage of available land, rising construction costs and ad valorem property taxes make downtown Phoenix one of the most difficult locations to continue building. Union @ Roosevelt is a rare opportunity to acquire a core asset with a significant competitive advantage in the market place.
Property is positioned perfectly in a revitalized area of downtown Phoenix known locally as Roosevelt Row. The Roosevelt Row Arts District is a walkable, creative district in the urban core of downtown Phoenix that is nationally known for its arts and cultural events. Located on the southwest corner of 1st Avenue and Roosevelt Street, Union @ Roosevelt is positioned within a top employment corridor consisting of 120,000 jobs.
Newly developed, urban Class A+ luxury community; 2017 construction, fully leased and stabilized
Mixed-use development with 80 luxury units and 9,100 SF of retail
Estimated $5 million tax savings from 25-year Tax Abatement (GPLET)
Effective rents are 13 percent below current asking rents; asking rents are 9 percent below comparables ($1.92 vs. $2.09)
Immediate submarket boasts average occupancy of 95 percent
Mid-rise, podium construction with underground parking
Adjacent to Metro Valley Light Rail, nearest station is 300 feet away
High demand rental market with strong fundamentals; Phoenix CBD average rent is 48 percent greater than the Metropolitan average
Exceptional pre-lease absorption rate in Phoenix CBD which has averaged 25 units/property/month, nearly double Metropolitan average of 16
With a median age of 33, Phoenix is home to a large executive and professional workforce that complements the business environment of the city
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394 N. 3rd Ave.
394 N 3rd Ave
Central City, Phoenix, AZ
Building Size:3,433SF
The subject property is ideally located at the hard corner of 3rd Ave. and Fillmore St. in the heart of Downtown Phoenix. The immediate area is experiencing major redevelopment with a number of new mixed use apartment and retail complexes planned and currently under construction. The I-10 Freeway is in close proximity and multiple Metro Light Rail stations, award winning restaurants are within walking distance. Additionally, Downtown Phoenix is home to universities such as ASU, U of A, the NAU Biomedical Campus, and the Thunderbird International School of Management. SVN is proud to present to the market for sale or lease this 3,433 SF office building in a prime location in Downtown Phoenix on a 8,207 SF lot. The property was previously used for the Seller's law firm and is built out for general office with a reception area, a perimeter of private offices, a central conference room, multiple restrooms, and a kitchen. On site is 12 covered parking spaces. The owner is open to selling or leasing making this building a prime opportunity for an owner occupant.
$858,250
Environmental Management Systems
508 W Watkins Rd
Central City, Phoenix, AZ
Lot Size:2.00Acres
The Offering is comprised of EMS’ two facilities located adjacent to each other and is situated on ± 2.0 acres, which includes two office/industrial buildings (±5,817 sf and ±1,420 sf respectively). The Property is strategically located directly south of Interstate-17, with direct access off of 7th Avenue, in the heart of South Phoenix’s industrial core. The offering presents and investor with the opportunity to purchase a Property ideally suited for the existing Tenant with six (6) years remaining on the lease.
$1,300,000
45 W Buchanan St
Central City, Phoenix, AZ
Building Size:17,843SF
Built 1945, Renovated 2017. Four Roll-up Doors. Polished Concrete Floors. 2-story with Reclaimed Wood Floor. Covered and Secure Parking 3/1,000. Additional public parking nearby
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88 West Lynwood Street
88 W Lynwood St
Central City, Phoenix, AZ
Lot Size:0.23Acres
$183,333
822 North 6th Avenue
822 N 6th Ave
Central City, Phoenix, AZ
Lot Size:0.23Acres
$549,000
245 West Roosevelt Street
245 W Roosevelt St
Central City, Phoenix, AZ
Building Size:10,024SF
$1,950,000
402 West Roosevelt Street
402 W Roosevelt St
Central City, Phoenix, AZ
Lot Size:0.23Acres
$143,750
802 North 1st Avenue
Central City, Phoenix, AZ
Lot Size:1.68Acres
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86 West Culver Street
86 W Culver St
Central City, Phoenix, AZ
$175,000
626 North 5th Avenue
626 N 5th Ave
Central City, Phoenix, AZ
$87,500
841 North 6th Avenue
841 N 6th Ave
Central City, Phoenix, AZ
$110,000
137 West McDowell Road
137 W McDowell Rd
Central City, Phoenix, AZ
Lot Size:0.22Acres
$650,000
905 South 2nd Avenue
905 S 2nd Ave
Central City, Phoenix, AZ
$49,750
1402 North 2nd Avenue
Central City, Phoenix, AZ
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107 West Palm Lane
107 W Palm Ln
Encanto, Phoenix, AZ
$230,000
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Market Stats
85003 has 76 commercial real estate spaces for lease, representing 520,578 sqft space.
39 buildings are available for sale.
In the past 30 days, 85003 has had 3 spaces leased.
Cities that include 85003
Metropolitan areas that include 85003
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Industrial Space | For Lease | For Sale |
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