• ±19,338 SF immediately available for an owner to occupy, including the ENTIRE ±12,684 SF fourth (top) floor—wrap-around Valley views in all directions and multiple private balconies. • Growth path to ±21,739 SF by mid-2027 as two third-floor leases (±2,401 SF combined) expire—no third-floor tenant holds a renewal option. • ±17,169 SF of in-place tenancy across eight suites provides immediate income to offset an owner’s cost of occupancy. • Rare two-level underground parking garage—85% of the ±3.8/1,000 parking ratio is sheltered from the elements, an exceptional employee amenity in Phoenix. • Offered at $8,000,000, or $180 per square foot—versus replacement cost of $700+ per square foot for an underground-parked building of this quality. That is roughly 25% of the cost to rebuild. • The One Big Beautiful Bill Act permanently restored 100% bonus depreciation—an owner/user pairing the purchase with a cost segregation study can potentially deduct 20–35% of the purchase price in Year 1. • Owner/user alternatives are scarce: Metro Phoenix office buildings under 50,000 SF are ±92% occupied with a direct vacancy rate of just 7.8%—a two-decade low—and the Property’s eight-building competitive set is 92.1% leased. • Trade-area rents are climbing fast: average starting rents within a two-mile radius jumped from $27.11/SF FSG in 2025 to $31.56/SF FSG as of the 2nd quarter of 2026—a 16% increase in 18 months. • Interstate 10 lies just two blocks south; Banner–University Medical Center is directly across McDowell Road; and the Property sits at the border of the Downtown and Midtown submarkets amid Central Phoenix’s urban revival.