The Stockyards FOR SALE


Phoenix, AZ - East Side
$10,975,000 USD
602-339-3131
, Phoenix, AZ for Sale
$10,975,000 USD
FOR SALE
1/3
null | 7.38% Cap Rate

The Stockyards
Phoenix, AZ
East Side


HIGHLIGHTS

  • Home to Arizona’s original steakhouse, The Stockyards Restaurant.
  • Over 50% of office space consists of cutting edge, high-end creative suites.
  • Wide range of tenant suites and efficient floor plates.
  • Transit oriented location with direct light rail frontage/station, three (3) freeways within a two-mile radius.
  • Premier frontage and visibility along Washington Street, a major east–west arterial in Phoenix.

OVERVIEW

- Two building, ±52,146 SF mixed-use office/retail development featuring high quality construction and a modern, campus style environment. - ±92.4% leased to a synergistic mix of professional office users—complemented by a historic, on-site restaurant anchor. - Home to Arizona’s original steakhouse, The Stockyards Restaurant, a highly successful landmark restaurant that reinforces the property’s prestige, heritage, and long-standing community presence. - The Stockyards Restaurant continues to thrive, often reaching full capacity and drawing a waitlist for both lunch and dinner. The restaurant’s gross sales are robust and steadily growing, with over 80% of revenue is generated from dinner service. - Over 50% of office space consists of cutting edge, high-end creative suites, which significantly reduce tenant improvement costs. - Wide range of tenant suites and efficient floor plates designed to meet the needs of a wide range of tenants and support market driven demand. - Transit oriented location with direct light rail frontage/station, three (3) freeways within a two-mile radius, and near immediate access to Phoenix Sky Harbor International Airport. - Strategically positioned at the convergence of Downtown Tempe and the North Airport/44th Street Corridor, benefiting from proximity to amenity-rich metro Phoenix locations, such as the Downtown Tempe, Scottsdale, 44th Street Corridor/Camelback, and Downtown Phoenix.

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.