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3030 N Central Ave
Phoenix, AZ 85012 Encanto

$25,000,000 USD

Office For Sale  •  193,037 SF

Property Details

  • Property Type Office
  • Total Building Size 193,037 SF
  • Lot Size 1.59 AC
  • Building Class A
  • Year Built 1975
  • Cap Rate 10.90 %
  • Tenancy Multiple
  • Zoning C-2
70 Transit Score
80 Walk Score

Highlights

OWNER WILL CARRY!!
Fresh $5M renovation!
Iconic Bank of America Building!

Property Flyers

Financial Summary (Actual)

Net Operating Income: $2,465,307 USD (2025)
Cap Rate: 10.90 %
Total Expenses: $1,542,973 USD

Major Tenants

Tenant SF Occupied Lease End Date
Allied Universal 5/10/2020
Amazing Offer 11/1/2029
Arizona State Physicians Association
Bank of America
biltmore 24 2/28/2027
IMA Clinical Research
Investment Properties Arizona 2/14/2027
Risas Dental and Braces
Senergy Financial, LLC 3/31/2027
Sierra H Broadcasting

Amenities

  • Banking
  • Conferencing Facility
  • Convenience Store
  • Property Manager on Site
  • Restaurant

Public Transportation

Transit/SubwayDriveWalkDistance
Thomas/Central Ave (METRO Light Rail - Valley Metro (Phoenix Light Rail)) 0 min 1 min 0.1 mi
Osborn/Central Ave (METRO Light Rail - Valley Metro (Phoenix Light Rail)) 2 min 7 min 0.4 mi
Encanto/Central Ave (METRO Light Rail - Valley Metro (Phoenix Light Rail)) 1 min 11 min 0.6 mi
Indian School/Central Ave (METRO Light Rail - Valley Metro (Phoenix Light Rail)) 4 min 19 min 1.0 mi
AirportDriveWalkDistance
Phoenix Sky Harbor International 14 min - 7.6 mi
Phoenix-Mesa Gateway 46 min - 34.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 16
Type: Surface
Included in Rent: Yes
Tye Smoole 888-357-3520 Cotterkey Investments, Ltd.
Tye Smoole 888-357-3520 Cotterkey Investments, Ltd.