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For Sale

Downtown Phoenix Creative Office Space

521 S 3rd St,
Phoenix, AZ 85004

Asset Snapshot

Community Center
Office Subtype
2013
Year Renovated
1
Floor Count
0.17 Acres
Land Area

Offering Summary

Investment Overview

LevRose Commercial Real Estate is pleased to present the opportunity to Purchase or Lease 521 S 3rd St, located in the heart of downtown Phoenix. Originally built in 1940 as a Warehouse facility, the property underwent major renovations in 2013 converting it to a state-of-the-art creative office or event space. The fee simple, standalone building boasts impeccable Class “A” custom finishes throughout and offers an efficient lay-out that would appeal to a wide array of users. The entire building consists of ±18,883 SF and is currently split between two contiguous spaces. Suite 102 is ±9,353 SF and is available for an Owner/User or Tenant to occupy. Indie Learning Center occupies Suite 101 which is ±9,530 SF and their rental income will help offset holding costs for a new Owner occupant. Positioned on a dual corner lot with expansive frontage and building signage capabilities, this property offers branding value for both Tenants and Buyers alike.


Investment Highlights

  • Creative Office with Gourmet Finishes, Five (5) Roll Up Doors, and a Wrap Around Patio
  • Rare Private Parking Lot for Exclusive Tenant Use, Potentially Expandable with a Neighboring Lot
  • Amenity Rich Location in Close Proximity to over 40 Restaurants, 30 Retail Stores and Two Sports Stadiums
  • Located Minutes Away from Phoenix Sky Harbor Airport, I-17 Freeway, & I-10 Freeway
  • Warehouse Conversion with Large Open Office, Vaulted Ceilings & Exposed Wood Truss

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$5,650,000
Asking Price

Investment Sales Broker

Zak Kottler
LevRose Commercial Real Estate

Market Insights