365 E Coronado Rd - Office FOR SALE


Phoenix, AZ 85004- Encanto
$1,600,000 USD
602-222-5000
365 E Coronado Rd, Phoenix, AZ for Sale
$1,600,000 USD
Office - FOR SALE
1/8
null | Request Cap Rate

365 E Coronado Rd
Phoenix, AZ 85004
Encanto


HIGHLIGHTS

  • Located in Midtown Phoenix near Central Ave and 7th Street.
  • Freestanding office building with monument signage.
  • Interior in excellent condition with potential for move-in readiness.
  • Priced below replacement cost, offering savings on tenant improvements.
  • Surrounded by professional tenants including legal, medical, and nonprofit groups.

OVERVIEW

This is an investment or owner-user opportunity to acquire a freestanding office building in Midtown Phoenix. The property is offered at $1,600,000, which equates to $238.81 per square foot—below current replacement costs. Buyers may benefit from significant savings on tenant improvements if the existing layout aligns with their operational needs. The inclusion of nine covered reserved parking spaces adds monthly value, with estimated savings of nearly $400/month based on local parking rates. The building’s location between Central Avenue and 7th Street provides access to a vibrant mix of professional services and proximity to major thoroughfares and Sky Harbor International Airport.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$239 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

C-T

APN/PARCEL ID

118-54-031B

ASK ABOUT THIS PROPERTY

John BarnesHeiple Travers RealtyMore Info
602-222-5000

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John BarnesHeiple Travers RealtyMore Info
602-222-5000

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