4205 N 7th Ave - Office FOR SALE


Phoenix, AZ 85013
$3,500,000 USD
480-568-2524
4205 N 7th Ave, Phoenix, AZ for Sale
$3,500,000 USD
Office - FOR SALE
1/13
null | Request Cap Rate

4205 N 7th Ave
Phoenix, AZ 85013


HIGHLIGHTS

  • The Agora at 4205 N 7th Avenue in Phoenix's Melrose District offers 24,746 square feet of modern office space in a prime location.
  • Recently renovated, the property features a refreshed exterior and bright office spaces with wall-to-wall windows and vibrant balconies.
  • High-visibility signage, ample surface, and covered parking along N 7th Avenue offer convenient visibility and access to businesses and tenants.
  • Located 11 minutes from Downtown Phoenix and near the Piestewa Freeway, The Agora enjoys excellent connectivity to the greater region.
  • Across from Copper Star Coffee and along the bustling Melrose Mile, 4205 N 7th Avenue is surrounded by shops, galleries, and dining.
  • With 75% occupancy and flexible leases, the offering is a prime owner/user or investment opportunity with a 3% buyer's commission.

OVERVIEW

The Agora office building is a prime property in the vibrant Melrose District of Phoenix at 4205 N 7th Avenue. This impressive three-story structure spans 24,746 square feet, offering modern office solutions along a bustling commercial corridor. The building was initially constructed in 1987 and has been recently updated with fresh renovations to its common areas, an exterior paint job, and enhanced landscaping. The interior features wall-to-wall windows that flood the office spaces with natural light and airy balconies overlooking the surrounding area, creating an inviting and productive work environment. With ample covered and surface parking and high visibility signage opportunities along N 7th Avenue with customizable business placards, The Agora presents a fantastic owner/user and investment opportunity. Currently 75% occupied with negotiable month-to-month leases, the building offers flexibility with the option to vacate tenants promptly if needed or benefit from in-place income. The Agora is also strategically located just 11 minutes from Downtown Phoenix and is conveniently positioned between Interstate 17 and the Piestewa Freeway, with seamless access to Interstate 10. Situated directly across from Copper Star Coffee, a beloved local drive-thru coffee shop, and nestled within the Melrose Mile, a high-traffic area known for its eclectic mix of antique shops, art galleries, dining spots, and vibrant nightlife, 4205 N 7th Avenue enjoys excellent visibility and accessibility. This is a rare opportunity to invest in a well-maintained, strategically positioned property in one of Phoenix's most dynamic neighborhoods. A 3% commission is offered to the buyer or their agent.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$141 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Agora

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

C-2, R-5, Phoenix

APN/PARCEL ID

155-39-001

ASK ABOUT THIS PROPERTY

Linda MasarykAgora BuildingMore Info
480-568-2524

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Linda MasarykAgora BuildingMore Info
480-568-2524

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.