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1427 N 3rd St
Phoenix, AZ 85004 Encanto

$2,944,000 USD

Office For Sale  •  13,604 SF

Property Details

  • Property Type Office
  • Total Building Size 13,604 SF
  • Lot Size 0.65 AC
  • Building Class C
  • Year Built 1974
  • Cap Rate 7.11 %
  • Tenancy Multiple
  • Zoning DTC-TWNPK
60 Transit Score
70 Walk Score

Highlights

Central Location
Easily Accessible and Visible
The property’s DTC-Townsend Park zoning provides a wide range of potential future development opportunities

Property Flyers

Financial Summary (Actual)

Net Operating Income: $209,328 USD (2026)
Cap Rate: 7.11 %
Total Expenses: $78,240 USD

Amenities

  • Courtyard
  • Signage

Public Transportation

Transit/SubwayDriveWalkDistance
McDowell/Central Ave (METRO Light Rail - Valley Metro (Phoenix Light Rail)) 1 min 8 min 0.4 mi
Roosevelt/Central Ave (METRO Light Rail - Valley Metro (Phoenix Light Rail)) 2 min 13 min 0.7 mi
Encanto/Central Ave (METRO Light Rail - Valley Metro (Phoenix Light Rail)) 2 min 16 min 0.8 mi
AirportDriveWalkDistance
Phoenix Sky Harbor International 12 min - 6.2 mi
Phoenix-Mesa Gateway 45 min - 33.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 54
Type: Surface
Included in Rent: Yes
Richard Lewis 602-327-0064 SVN | Desert Commercial Advisors
Richard Lewis 602-327-0064 SVN | Desert Commercial Advisors