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Investment Highlights

  • Seller Financing available to qualified buyer
  • Law Firm, Medical, CPA, Professional Services, Insurance, Consulting
  • +/-5,606 square feet in size
  • Great Central Phoenix location with many walkable amenities
  • Space is in excellent condition, move-in ready
  • Lots of windowed offices with natural light

Executive Summary

Earll Professional Plaza is a four story office condominium development located at 202 E. Earll Drive, just off Central Avenue in the MidTown Phoenix submarket. This excellent location is within walking distance to Park Central Mall, a light rail station, and many retail conveniences and amenities. Access in and out of the property is easy with a traffic light at both Central Avenue and Third Street. This property provides a business owner accustomed to leasing a simple transition to owning. The property association is set up to manage and pay for all of the typical building operating expenses except real estate taxes and in suite repairs and maintenance. Isn't it time you have your business pay rent to you instead of paying it to a landlord? There is a link in the brochure where you can take a virtual tour of Unit 160.

1 Unit Available

Unit 160

Unit Size 5,606 SF
Price $1,805,392 CAD
Price Per SF $322.05 CAD
Condo Use Office
Sale Type Owner User
No. Parking Spaces 5
APN/Parcel ID 118-34-276
Description

We are offering a rare opportunity to purchase a well-located professional office in Midtown Phoenix with attractive owner financing terms designed to make ownership easier than ever.
If your business is currently leasing space, this may allow you to lock in occupancy costs, build equity, and control your long-term overhead.
Property details:

  • 5,606 SF professional office condo
  • Prime Midtown Phoenix location
  • Excellent access to SR-51, I-10, and light rail
  • Ideal for law firm, medical, CPA, therapy, consulting, or professional services
  • Functional layout with offices, conference rooms, reception, and support space
  • Reserved parking
    Move-in ready condition

Sale Notes

Attractive Owner Financing Terms
Purchase Price: $1,317,410 ($235/SF)
Owner financing available with the following structure:

  • 20% down payment
  • 25-year amortization
  • 3% interest year 1
  • 5% interest years 2–3
  • 7% interest years 4–7
  • 7-year balloon
    No prepayment penalty (buyer may refinance anytime)
    This structure allows a buyer to secure space with lower initial payments and refinance later if interest rates decrease.
    Estimated starting monthly payment is comparable to leasing similar space in Midtown.

Break Room
Suite 160 Lobby Exposure
Lobby
Media Room
Open Collaboration Space

+11 More

Windowed Office Example1
View Photo Break Room
View Photo Suite 160 Lobby Exposure
View Photo Lobby
View Photo Media Room
View Photo Open Collaboration Space
View Photo Windowed Office Example1
View Photo Windowed Office Example2
View Photo Windowed Office Example3
View Photo Hallway
View Photo Document Prep Room
View Photo Reception Desk
View Photo Conference Room 2
View Photo Windowed Office Example4
View Photo Conference Room 2
View Photo Conference Room2
View Photo Main Reception Area

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 98,572 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class A
Floors 4
Typical Floor Size 24,643 SF
Year Built 1985
Lot Size 2.82 AC
Parking Ratio 3.14/1,000 SF
Zoning R-5, Phoenix - R-5, Phoenix

Amenities

  • Wheelchair Accessible
  • Natural Light
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
60/100
  • Listing ID: 33512627

  • Date on Market: 2024-10-14

  • Last Updated:

  • Address: 202 E Earll Dr, Phoenix, AZ 85012

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