Black Canyon Center | 10835 N 25th Ave
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Black Canyon Center 10835 N 25th Ave
96,783 SF Vacant 4-Star Office Building Phoenix, AZ 85029 $12,581,790 ($130/SF)
Investment Highlights
- Property comes with conference rooms, workout facility, and private offices
- On site and covered parking
- Located next to the I-17
Executive Summary
• Three-story office building totaling ±96,783 SF—75% (or ±72,203 SF) of which is available to an owner/user.
• Significant near-term in-place income to support carry costs during planning and construction of owner-occupier suite.
• Located within an opportunity zone.
• Transit-oriented location within the Black Canyon Corridor, which is known for its immediate Interstate-17 (I-17) access and deep labor pool access.
• Abundant ±5.7/1,000 parking ratio provided by a total of 553 surface parking spaces.
• Ample ±2.5/1,000 covered parking ratio (238 canopy spaces).
• The Metro Light Rail’s Northwest Extension Phase II, which was completed January 2024, is located less than one (1) mile from the property.
• ±2.3 million SF of retail amenities within a three (3) mile radius, which include a wide variety of restaurants and fast-food chains, as well as several shopping options.
• One (1) mile from MetroCenter Mall’s $850 million redevelopment site, which will include 250,000 multifamily units and 150,000 SF of commercial space.
• Significant near-term in-place income to support carry costs during planning and construction of owner-occupier suite.
• Located within an opportunity zone.
• Transit-oriented location within the Black Canyon Corridor, which is known for its immediate Interstate-17 (I-17) access and deep labor pool access.
• Abundant ±5.7/1,000 parking ratio provided by a total of 553 surface parking spaces.
• Ample ±2.5/1,000 covered parking ratio (238 canopy spaces).
• The Metro Light Rail’s Northwest Extension Phase II, which was completed January 2024, is located less than one (1) mile from the property.
• ±2.3 million SF of retail amenities within a three (3) mile radius, which include a wide variety of restaurants and fast-food chains, as well as several shopping options.
• One (1) mile from MetroCenter Mall’s $850 million redevelopment site, which will include 250,000 multifamily units and 150,000 SF of commercial space.
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
96,783 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2003
Price
$12,581,790
Price Per SF
$130
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
32,261 SF
Building FAR
0.33
Land Acres
6.73 AC
Opportunity Zone
Yes
Zoning
A-1 - Light Industrial
Parking
560 Spaces (5.79 Spaces per 1,000 SF Leased)
Amenities
- Day Care
- Fitness Center
- Central Heating
- Wi-Fi
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Available 3/1/2024 or sooner
- 1st Fl-Ste 125
- 5,096 SF
- Office
- Full Build-Out
- Now
- 1st Fl-Ste 150
- 2,926 SF
- Office
- Full Build-Out
- Now
Available 3/1/2024 or sooner
- 2nd Fl-Ste 240
- 5,375 SF
- Office
- Full Build-Out
- Now
- 2nd Fl-Ste 250
- 2,513 SF
- Office
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 100 | 14,367 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 125 | 5,096 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 150 | 2,926 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 200 | 24,840 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 240 | 5,375 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 250 | 2,513 SF | Office | Full Build-Out | Now |
1st Fl-Ste 100
| Size |
| 14,367 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 125
| Size |
| 5,096 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 150
| Size |
| 2,926 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 200
| Size |
| 24,840 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 240
| Size |
| 5,375 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 250
| Size |
| 2,513 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 100
| Size | 14,367 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Available 3/1/2024 or sooner
2nd Fl-Ste 200
| Size | 24,840 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Available 3/1/2024 or sooner
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $16,438 | Total Assessment | $1,757,474 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$16,438
Improvements Assessment
$0
Total Assessment
$1,757,474
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Eric Wichterman -
Michael Coover -
Stephanie Adams -
Diana Hernandez -
Cushman & Wakefield
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Black Canyon Center | 10835 N 25th Ave
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