513-300-0763
4222 E Thomas Rd, Phoenix, AZ for Sale
Medical - FOR SALE
1/17
null | Request Cap Rate

4222 E Thomas Rd
Phoenix, AZ 85018
East Phoenix


HIGHLIGHTS

  • • 38,494 SF Available in a Prominent Headquarter Style Office Building • 100% Bonus Depreciation in 1st Year Allowed by Big Beautiful
  • • Bill Benefit from a Variety Tax Savings Associated with Owning Real Estate • Reliable Income Stream to Help Offset Operating Costs and Mortgage Pay
  • • Staggered Lease Expiration Allows for Incremental Rent Increases and Property Appreciation • Recent Renovation of $800,000+
  • • Strategic Location in the 44th Street Corridor Connecting Downtown to Scottsdale • In the Heart of the $60 Billion+ Phoenix Medical Market
  • • Minutes to the Busiest Airport in the Southwest – 1,200 Daily Flights • Convenient Access to Loop 202, I-10 Freeway, SR-51, and the Hohokam Express
  • • High-Visibility ±40,000 Vehicles

OVERVIEW

Arcadia Business Center is a prominent ±93,120 SF four-story, recently renovated, high-quality office property located in the heart of the historic 44th Street Corridor. Strategically positioned just minutes from Sky Harbor International Airport - the busiest Airport in the Southwest – the property offers convenient access to Loop 202, I-10, SR-51 with excellent connectivity to the entire metro area. This meticulously maintained building features a state-of-the-art energy management system with individual HVAC controls for each suite. Over $800,000 in recent capital improvements include a modernized lobby, upgraded elevators, and spec suites. On-site management and security ensure a comfortable professional environment. Prominent building signage available. The Property includes a ±126,666 SF three-level parking garage that houses 300+ climate friendly covered spaces directly adjacent to the building – an invaluable amenity in the summer heat. The Property is 57% leased to a diverse mix of 16 professional tenants and offers up to ±38,464 SF for immediate owner occupancy. A steady income stream helps the new owner offset operating costs and mortgage payments; and take advantage of the significant tax benefits associated with real estate ownership. With its central location, modern infrastructure and extensive parking, this high-profile building presents a compelling value-add opportunity for a company seeking to occupy traditional or medical office space in the heart of a $60 Billion+ healthcare market.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Arcadia Gateway

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

300

LAND DETAILS

LAND ACRES

2.67 AC

LAND SF

116,305 SF

ZONING

C-2

APN/PARCEL ID

127-13-090A,127-13-090B,127-13-092D

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

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Brian BrockmanBang RealtyMore Info
513-300-0763

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