Phoenix Office for Sale - 44th Street Corridor
Arcadia Business Center is a prominent ±93,120 SF four-story, recently renovated, high-quality office property located in the heart of the historic 44th Street Corridor.
Strategically positioned just minutes from Sky Harbor International Airport - the busiest Airport in the Southwest – the property offers convenient access to Loop 202, I-10, SR-51 with excellent connectivity to the entire metro area.
This meticulously maintained building features a state-of-the-art energy management system with individual HVAC controls for each suite. Over $800,000 in recent capital improvements include a modernized lobby, upgraded elevators, and spec suites. On-site management and security ensure a comfortable professional environment. Prominent building signage available.
The Property includes a ±126,666 SF three-level parking garage that houses 300+ climate friendly covered spaces directly adjacent to the building – an invaluable amenity in the summer heat.
The Property is 57% leased to a diverse mix of 16 professional tenants and offers up to ±38,464 SF for immediate owner occupancy. A steady income stream helps the new owner offset operating costs and mortgage payments; and take advantage of the significant tax benefits associated with real estate ownership.
With its central location, modern infrastructure and extensive parking, this high-profile building presents a compelling value-add opportunity for a company seeking to occupy traditional or medical office space in the heart of a $60 Billion+ healthcare market.
