1625 E Northern Ave - Office FOR SALE


Phoenix, AZ 85020- North Phoenix
$6,250,000 USD
602-339-3131
1625 E Northern Ave, Phoenix, AZ for Sale
$6,250,000 USD
Office - FOR SALE
1/9
null | Request Cap Rate

Oct '26


1625 E Northern Ave
Phoenix, AZ 85020
North Phoenix


OVERVIEW

• ±22,709 SF creative office building located at 1625 East Northern Avenue, offered as a fully vacant owner-user opportunity. • Asking price is $6.25 million ($275/SF) on a ±1.52-acre site. • Originally built in 1984 and completely renovated in 2018, creating a modern, move-in-ready creative office environment. • Features exposed ceilings, brick and steel accents, industrial lighting, wide-plank floors, and upgraded building systems. • Building includes three kitchens, multiple conference rooms, a large training room, phone booths, and collaboration areas. • Located less than ¼ mile from SR-51, providing quick access to Downtown Phoenix, Sky Harbor Airport, Camelback Corridor, and Scottsdale. • Surrounded by high-income residential communities including Paradise Valley, Arcadia, Biltmore, North Central Phoenix, and Moon Valley. • Building infrastructure includes new windows, recoated roof, closed-loop HVAC system, elevator, and full sprinkler system. • Ownership may provide advantages over leasing, including SBA financing options, below-replacement-cost pricing, and potential bonus depreciation tax benefits.

FOR SALE DETAILS

PRICE

$6,250,000 USD

PRICE/SF

$275 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Office Preserve

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

82

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

C-O, Phoenix

APN/PARCEL ID

165-21-016F,165-21-024A,165-21-025A,165-21-026A

ASK ABOUT THIS PROPERTY

Eric WichtermanCushman & WakefieldMore Info
602-339-3131

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Eric WichtermanCushman & WakefieldMore Info
602-339-3131

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.