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714 N 3rd Street, Phoenix, AZ

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714 N 3rd Street

SEC 3rd St & McKinley St
Phoenix, AZ 85004-2038 - Downtown Submarket

Property Type:Office Sub Type:- Status:Existing Year Built:1980
Stories:2 Typical Floor:5,000 SF Building Size:10,000 SF
For Sale Price:$1,500,000 Price/SF:$150.00
Cap Rate:-
10,000 SF is available to occupy upon purchase.

Sale Notes:
The subject property consists of 10,000 SF among two stories on .3 acres in the heart of Downtown Phoenix. The building offers private parking on site, which is a rare convenience in this submarket. The second floor is currently being occupied on a month to month basis by a local radio station, KSUN Radio Fiesta. This group has occupied space in the building for roughly 20 years, but the flexibility of the term makes this building a perfect option for an owner user or investor alike.

The subject office property is located right in the heart of Downtown Phoenix, one of the fastest growing job markets and economies in the United States. In addition to having direct access to the I-10 Freeway and being within walking distance of major sporting venues such as Chase Field and US Airways Arena, the building lies in the center of a Downtown that is experiencing significant and positive change. This location is surrounded by impressive urban amenities including living, shopping, arts and entertainment. Beyond large-scale projects such as the Phoenix Convention Center expansion, Valley Metro Light Rail and both the ASU Downtown Campus and the U of A Phoenix Biomedical Campus, there is also a real grassroots effort by the city to create a true "downtown" community.

SVN - Desert Commercial Advisors
Justin Horwitz
(480) 425-5518

Paul Borgesen
(480) 425-5500

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