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INVESTMENT HIGHLIGHTS
- Located in Midtown Phoenix with walkable dining and retail
- Prominent building signage and shared parking
- Priced below replacement cost for immediate savings
- Excellent access to I-10, I-17, and SR-51
- Interior in excellent condition with potential move-in readiness
EXECUTIVE SUMMARY
Strategically located in Midtown Phoenix, 379 E Monte Vista Rd presents a rare opportunity to own a freestanding office building in one of the city’s most walkable and amenity-rich areas. This ±5,789 SF single-story asset offers owner-users a chance to control their workspace and avoid rising rental costs, while investors benefit from its prime location and stable demand.
Built in 1981 and previously occupied by a development firm, the interior is in excellent condition and may be move-in ready. The property features prominent signage and shared parking with a neighboring restaurant, where peak traffic occurs in the evening—ideal for daytime office use.
Just west of 7th Street, the site offers direct access to I-10, I-17, and SR-51, connecting it to the broader Phoenix metro. Nearby walkable dining options include Marisco Boys, Green New American Vegetarian, Nami, and Sunshino Mexican Roll. With construction costs on the rise, this building is priced below replacement value, offering potential savings on tenant improvements if the layout suits the buyer’s needs.
Built in 1981 and previously occupied by a development firm, the interior is in excellent condition and may be move-in ready. The property features prominent signage and shared parking with a neighboring restaurant, where peak traffic occurs in the evening—ideal for daytime office use.
Just west of 7th Street, the site offers direct access to I-10, I-17, and SR-51, connecting it to the broader Phoenix metro. Nearby walkable dining options include Marisco Boys, Green New American Vegetarian, Nami, and Sunshino Mexican Roll. With construction costs on the rise, this building is priced below replacement value, offering potential savings on tenant improvements if the layout suits the buyer’s needs.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
5,789 SF
Building Class
B
Year Built
1981
Price
$2,134,656 CAD
Price Per SF
$368.74 CAD
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,789 SF
Building FAR
0.16
Lot Size
0.84 AC
Zoning
C-O - C-O, City of Phoenix
Parking
14 Spaces (2.42 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (81)
PROPERTY TAXES
| Parcel Number | 118-53-090 | Total Assessment | $131,394 CAD |
| Land Assessment | $0 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $0 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
118-53-090
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$131,394 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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379 E Monte Vista Rd
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