Fountainhead Office Plaza was a build-to-suit using required specifications to fit the Class A office demands of the University of Phoenix, while incorporating the flexibility for any potential future multi-tenanting of the Property. The level of improvements are far superior to neighboring comparable properties and include structured and surface parking for ±2,086 vehicles (4.67/1,000 RSF), a water feature which serves as a visual separation between the office buildings and garage, as well as a reservoir for non-potable irrigation water.
Fountainhead Office Plaza is located within one of the most desirable office submarkets within all of the Greater Phoenix market. With over 2.1 million people, i.e. one-half of the population of metropolitan Phoenix, within a 30-minute commute via the regional freeway network, the Property benefits from being in the heart of metro Phoenix, strategically located between Arizona’s two largest labor pools.