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1201 E Thomas Rd
Phoenix, AZ 85014 Encanto

$4,665,780 USD

Office For Sale  •  20,286 SF

Property Details

  • Property Type Office
  • Total Building Size 20,286 SF
  • Lot Size 0.89 AC
  • Building Class C
  • Year Built 2001
  • Tenancy Multiple
  • Zoning C-2
47 Transit Score
65 Walk Score

Highlights

Owner User opportunity in the Heart of Midtown - Entire 2nd Level is available -10,143 SF
100% of the First Floor is Occupied - $140,941 annual income
Currently the Building is Property Tax Exempt (estimated 2025 Tax $28,734 annually)
Parking: 4.64/1,000 sf Covered and Open Surface
Occupancy: 50%
Nearby major institutions: Within a 2-mile radius are major medical centers like Abrazo Heart, Phoenix Children’s, St. Joseph’s, and Banner University

Property Flyers

Public Transportation

AirportDriveWalkDistance
Phoenix Sky Harbor International 12 min - 6.5 mi
Phoenix-Mesa Gateway 44 min - 33.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Covered
Included in Rent: Yes
Kelly Carlon 480-463-4199 Avison Young
Kelly Carlon 480-463-4199 Avison Young