602-692-8290
8900 N 22nd Ave, Phoenix, AZ for Sale
Office - FOR SALE
1/21
null | Request Cap Rate

8900 N 22nd Ave
Phoenix, AZ 85021
Metrocenter


OVERVIEW

Property Video: https://www.youtube.com/watch?v=OAxPMje1xD4 The property is comprised of an approximately 125,172 square foot three-story building situated on 3.38 acres. It is ideally located near the Valley Metro Light Rail, providing convenient access to Downtown Phoenix, Tempe, and Mesa, with both the 19th Avenue and 25th Avenue & Dunlap stations within walking distance. It benefits from excellent access to the I-17 freeway via a full diamond interchange at Dunlap Avenue. The site offers a parking ratio of ±4.0 spaces per 1,000 square feet, totaling approximately 500 parking spaces, including 355 spaces within a three-level structured garage. The building features an interior courtyard with a full 360-degree glass line, providing abundant natural light throughout. A majority of the second and third floors have been returned to shell condition, offering open office layouts that accommodate a wide range of future uses. Each of the three floors consists of approximately 41,724 square feet, providing flexible configurations for users ranging from 20,000 to 125,172 square feet. Existing ownership completed renovations in 2022 to the first floor building common areas with modern finishes and LED lighting in the lobby, conference room, and bathrooms, in addition to revitalizing the courtyard area. Additionally, the property is located within a federally designated Opportunity Zone, offering a future owner potential preferential tax treatment per U.S. Department of Treasury and IRS guidelines, should further capital investment, development, or redevelopment occur.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Phoenix West Bus Ctr I

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

500

LAND DETAILS

LAND ACRES

3.38 AC

LAND SF

147,233 SF

ZONING

I-P, Phoenix

APN/PARCEL ID

158-05-030

ASK ABOUT THIS PROPERTY

Todd NoelColliersMore Info
602-692-8290

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Todd NoelColliersMore Info
602-692-8290

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