This exceptional office investment opportunity offers strong fundamentals and location advantages within central Phoenix. The property consists of a 13,912 SF multi-tenant office building situated on 1.28 acres and is currently 70% leased, providing immediate income upside with additional leasing potential. Positioned just north of Cactus Road along 32nd Street, the asset boasts high visibility and easy access to Arizona State Route 51, ensuring connectivity to metro Phoenix’s thriving business corridors and residential communities.
Recent capital improvements, including a new roof and upgraded HVAC, enhance long-term operational efficiency. Monument signage along a well-trafficked arterial with 16,983 CPD strengthens exposure for tenants. Within a five-mile radius, demographics signal ongoing stability with an average household income exceeding $119,000 and population projections indicating continued growth. Surrounded by strong retail anchors and established neighborhoods, this property offers investors durable demand drivers and proven tenancy anchored by recognizable brands.
Secure this opportunity with sustained income performance and attractive positioning in one of Phoenix's most accessible office corridors.