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7776 S Pointe Parkway W - Clocktower Corporate, Phoenix, AZ

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DetailMap
7776 S Pointe Parkway W - Clocktower Corporate

Phoenix, AZ 85044-5423 - Airport Area Submarket

(642.2 KB)

Property Type:Office Sub Type:- Status:Existing Year Built:1987
Stories:2 Typical Floor:54,885 SF Building Size:109,779 SF
% Leased:
For Sale Price:$12,400,000 Price/SF:$112.95
Cap Rate:8.10 %
Smallest Space:3,797 SF Largest Space:3,797 SF Total Space Avail:3,797 SF Rent/SF/Yr:
$17.00
Parking:Free Surface spaces are available; 50 Covered spaces are available; Ratio of 4/1,000 SF Amenities:On Site Management


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
3,797 SF
$17.00/SF/Yr
Vacant
1-5 yrs
Office
 
11626756


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
3,797 SF
$17.00/SF/Yr
Vacant
1-5 yrs
Office
Clocktower Corporate Centre is located on the Southwest corner of Baseline and Pointe Parkway at South Mountain. Centrally located in the heart of Metropolitan Phoenix with direct access to both Interstates 10 and 60.

Surrounded by more than a dozen business and resort hotels and over 100 fine dining establishments. Banking, retail, personal services and 211 restaurants within walking distance.

Sale Notes:
Clocktower Corporate Centre consists of ±109,825 square feet of office space built in 1987 using a durable masonry construction system. The building is served by two lobbies, one at the east side of the building and the other on the west end. Both lobbies are elevator-served and the second floor is also accessible from the multiple staircases situated throughout the complex. The dramatic lobbies feature heavy timber framed ceilings, large staircases and fountains. The building also features two (2) interior courtyards, numerous balconies, covered common area patios and water fountains. The property has been impeccably maintained and has recently undergone a significant renovation. The upgrades include: new awnings, landscape, artwork/furniture, courtyards, signage, new EMS, over 100 new window openings, a card access system and a new cooling tower.

This densely populated Metro Phoenix location is characterized as an infill trade area boasting outstanding views of the adjacent Phoenix Mountain Park and Preserve, a close proximity to the Sky Harbor Airport and superb freeway access. The area contains vast amounts of upscale executive housing in Awhatukee Foothills and Mountain Park Ranch (both located to the south and immediately adjacent). The I-10 Freeway is conveniently accessed from the full diamond interchange at Baseline Road, less than a fourth of a mile away. The I-10 Freeway serves as the backbone transportation corridor, which connects to all of the various Metro Phoenix freeway networks. The project's central location and near immediate freeway access reaches an estimated population of 1.1 million, or 24% of the Valley's population, within a mere 20 minute commute.


Cushman & Wakefield
Michael Coover
(602) 224-4473

Eric J Wichterman
(602) 224-4471


Newmark Knight Frank
Michael Crystal
(602) 952-3878

Emily Currie
(602) 952-3800

Joseph Vale
(602) 952-3800



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