824-830 E Washington St, Phoenix, AZ 85034

Phoenix location characteristics Subject Property Location The subject property is located at 824-830 E Washington Street in the City of Phoenix, Maricopa County, Arizona. The subject property is net to the City Center and is a very good location with respect to commercial services, thoroughfares, public transportation and community services. Appeal of the area is very good and in redevelopment in terms of retail, commercial and residential use. The subject benefits from busy commuter and local traffic along Washington Street. The area is anticipated to experience growth in the foreseeable future due to its location on the light rail extension. Cities along the light rail are now allowing new ‘Walkable Urban’ zoning, with generally allows up to 5 stories in new construction along the light rail corridor. Metro Phoenix Location The Metro Phoenix area is among the fastest-growing metropolitan areas in the country with an estimated 4.3 million residents. It has an accessible location, excellent lifestyle amenities, a pro-business Governor with a growing business and entrepreneurial climate. The area has a predictable 320+ days of sunshine each year with mild winter temps and summer months of dry heat. Phoenix is the epicenter of the Southwest and proves to be particularly desirable to aerospace, nanotechnology, bioscience, advanced business services, high-tech and healthcare. Phoenix is home to major sports franchises: Arizona Diamondback baseball, Phoenix SUNS basketball, and Arizona Cardinals football and Arizona Coyotes hockey. Property located within 1 block of Downtown Phoenix, Arizona Diamondback Baseball Stadium; 0.47 +/- acres on commercial zoned land; Redevelopment ready; Priced at $95.sf land; City will allow 5-7 stories with new WU Zoning (Walkable Urban, Chapter 13). Less expensive than Downtown Phoenix Business Disctrict. Call for property tour.