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5009 E Washington St
Phoenix, AZ 85034
The Stockyards · Property For Sale · 90,951 SF Total

Investment Highlights

  • Home to Arizona’s original steakhouse, The Stockyards Restaurant.
  • Wide range of tenant suites and efficient floor plates.
  • Premier frontage and visibility along Washington Street, a major east–west arterial in Phoenix.
  • Over 50% of office space consists of cutting edge, high-end creative suites.
  • Transit oriented location with direct light rail frontage/station, three (3) freeways within a two-mile radius.

Executive Summary

- Two building, ±52,146 SF mixed-use office/retail development featuring high quality construction and a modern, campus style environment.
- ±92.4% leased to a synergistic mix of professional office users—complemented by a historic, on-site restaurant anchor.
- Home to Arizona’s original steakhouse, The Stockyards Restaurant, a highly successful landmark restaurant that reinforces the property’s prestige, heritage, and long-standing community presence.
- The Stockyards Restaurant continues to thrive, often reaching full capacity and drawing a waitlist for both lunch and dinner. The restaurant’s gross sales are robust and steadily growing, with over 80% of revenue is generated from dinner service.
- Over 50% of office space consists of cutting edge, high-end creative suites, which significantly reduce tenant improvement costs.
- Wide range of tenant suites and efficient floor plates designed to meet the needs of a wide range of tenants and support market driven demand.
- Transit oriented location with direct light rail frontage/station, three (3) freeways within a two-mile radius, and near immediate access to Phoenix Sky Harbor International Airport.
- Strategically positioned at the convergence of Downtown Tempe and the North Airport/44th Street Corridor, benefiting from proximity to amenity-rich metro Phoenix locations, such as the Downtown Tempe, Scottsdale, 44th Street Corridor/Camelback, and Downtown Phoenix.

Property Facts

Price / SF $166.67 CAD / SF
Cap Rate 7.38%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 90,951 SF
Total Land Area 8.13 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Bldg 1A
5013 E Washington St, Phoenix, AZ 85034
Office 33,500 SF 2005 -
Bldg 1
5009 E Washington St, Phoenix, AZ 85034
Office 30,000 SF 1953 -
Stockyards Restaurant
5009 E Washington St, Phoenix, AZ 85034
Retail 27,451 SF 1953 -
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  • Listing ID: 39908500

  • Date on Market: 2026-03-25

  • Last Updated:

  • Address:

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