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Phoenix West Bus Ctr I 8900 N 22nd Ave 125,172 SF Vacant Office Building Phoenix, AZ 85021 For Sale

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EXECUTIVE SUMMARY

Property Video: https://www.youtube.com/watch?v=OAxPMje1xD4
The property is comprised of an approximately 125,172 square foot three-story building situated on 3.38 acres. It is ideally located near the Valley Metro Light Rail, providing convenient access to Downtown Phoenix, Tempe, and Mesa, with both the 19th Avenue and 25th Avenue & Dunlap stations within walking distance. It benefits from excellent access to the I-17 freeway via a full diamond interchange at Dunlap Avenue. The site offers a parking ratio of ±4.0 spaces per 1,000 square feet, totaling approximately 500 parking spaces, including 355 spaces within a three-level structured garage.
The building features an interior courtyard with a full 360-degree glass line, providing abundant natural light throughout. A majority of the second and third floors have been returned to shell condition, offering open office layouts that accommodate a wide range of future uses. Each of the three floors consists of approximately 41,724 square feet, providing flexible configurations for users ranging from 20,000 to 125,172 square feet. Existing ownership completed renovations in 2022 to the first floor building common areas with modern finishes and LED lighting in the lobby, conference room, and bathrooms, in addition to revitalizing the courtyard area.
Additionally, the property is located within a federally designated Opportunity Zone, offering a future owner potential preferential tax treatment per U.S. Department of Treasury and IRS guidelines, should further capital investment, development, or redevelopment occur.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
125,172 SF
Building Class
B
Year Built/Renovated
1985/2022
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
41,557 SF
Building FAR
0.85
Lot Size
3.38 AC
Opportunity Zone
Yes
Zoning
I-P, Phoenix - Industrial Park, I-P
Parking
500 Spaces (3.99 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Courtyard
  • Property Manager on Site
  • Air Conditioning
  • Smoke Detector

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 20,000-41,724 SF
  • Office
  • Partial Build-Out
  • Now
  • 2nd Floor
  • 20,000-41,724 SF
  • Office
  • Partial Build-Out
  • Now
  • 3rd Floor
  • 20,000-41,724 SF
  • Office
  • Partial Build-Out
  • Now
Space Size Space Use Condition Available
1st Floor 20,000-41,724 SF Office Partial Build-Out Now
2nd Floor 20,000-41,724 SF Office Partial Build-Out Now
3rd Floor 20,000-41,724 SF Office Partial Build-Out Now

1st Floor

Size
20,000-41,724 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Floor

Size
20,000-41,724 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

3rd Floor

Size
20,000-41,724 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Floor

Size 20,000-41,724 SF
Space Use Office
Condition Partial Build-Out
Available Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
158-05-030
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,092,019 CAD
  • Listing ID: 32628398

  • Date on Market: 2024-07-30

  • Last Updated:

  • Address: 8900 N 22nd Ave, Phoenix, AZ 85021

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