Farm Bureau Center 3401 E Elwood St 17,840 SF Office Building Phoenix, AZ 85040 $4,675,000 ($262.05/SF)
INVESTMENT HIGHLIGHTS
- Building can be delivered leased or vacant. Currently leased to Medical Transportation Brokerage of Arizona for $35,487.11/MO MG
- Property can be delivered fully-furnished
- Proximity to Sky Harbor Airport, Tempe, Downtown Phoenix, and Loop 202
- Drive-around access with multiple points of entry/exit
- Centrally Located with Direct Access to I-10 Freeway and Connectivity to All Major Freeways
- Monument signage for maximum visibility
EXECUTIVE SUMMARY
LevRose Commercial Real Estate is pleased to present a rare owner/user or investment opportunity in the heart of
Phoenix—3401 E Elwood Street, a freestanding ±17,840 square foot single-tenant office building situated on a ±1.17-acre lot
with excellent drive-around access and multiple points of entry/exit. Priced at $4,675,000, this property offers exceptional
functionality, optional furnishings, and flexible occupancy.
Located just off the I-10 Freeway, the building boasts a central location with immediate freeway access, offering unparalleled
connectivity to the entire Phoenix metropolitan area. The site is ideal for companies seeking a well-located, move-in ready
facility with quality infrastructure and generous parking.
Currently leased to the Medical Transportation Brokerage of Arizona at $35,487.11/month (Modified Gross), the building can
be delivered leased or vacant, giving investors and owner-users maximum flexibility.
Phoenix—3401 E Elwood Street, a freestanding ±17,840 square foot single-tenant office building situated on a ±1.17-acre lot
with excellent drive-around access and multiple points of entry/exit. Priced at $4,675,000, this property offers exceptional
functionality, optional furnishings, and flexible occupancy.
Located just off the I-10 Freeway, the building boasts a central location with immediate freeway access, offering unparalleled
connectivity to the entire Phoenix metropolitan area. The site is ideal for companies seeking a well-located, move-in ready
facility with quality infrastructure and generous parking.
Currently leased to the Medical Transportation Brokerage of Arizona at $35,487.11/month (Modified Gross), the building can
be delivered leased or vacant, giving investors and owner-users maximum flexibility.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
17,840 SF
Building Class
B
Year Built/Renovated
1989/1995
Price
$4,675,000
Price Per SF
$262.05
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
8,920 SF
Building FAR
0.34
Lot Size
1.19 AC
Opportunity Zone
Yes
Zoning
A-1, Phoenix
Parking
65 Spaces (3.64 Spaces per 1,000 SF Leased)
AMENITIES
- Conferencing Facility
- Courtyard
- Reception
- Monument Signage
- Outdoor Seating
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 122-03-065E | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $182,461 |
