4520 N CENTRAL Avenue, Phoenix, AZ 85012

$9,500,000

4520 N. Central Ave. - aerial 1 complete

4520 N. Central Ave. - aerial 4 complete

Property Type: Comm/Industry Sale Square Footage: 88,800 Lot Size (sq. ft.): 108,900 Status: Closed

Current Price: $9,500,000 List Date: 5/25/2022 Last Modified: 4/13/2025

Overview

Description

Outstanding opportunity to acquire the fee simple interest in 4520 N. Central (the ''Property'') located in the heart of the Central Avenue Corridor. Built in 1975, the property consists of 88,800 square feet and a structured parking garage on a +/- 90,000 SF site. The property currently has flexible lease structures for an owner user or providing an investor an attractive blend for upside. The offering is being made at $10,000,000 and on an ''as-is, where-is'' basis.

Listing Details MLS# 6405362

Location, Tax & Legal

Map Code/Grid: P34
House Number: 4520
Compass: N
Street Name: CENTRAL
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85012
Zip4: 1831
Country: US
County Code: Maricopa
Assessor Number: 155-29-127-B
Tax Year: 2021

Contract Info

Ownership: Fee Simple

General Property Description

Ttl Apx SqFt Bldg: 88800
# of Buildings: Yes
Year Built: 1975
Uncvrd Parking Spcs: 93
Zoning: C-2, Phoenix

Remarks Misc

Cross Street: W Campbell Ave and N Central Ave
Directions: Central Ave & Camelback Directions: South to property on West side of street, 2nd building past canal and directly across from Central High School

Status Change Info

Off Market Date: 2022-12-01
Under Contract Date: 2022-11-29
Close of Escrow Date: 2023-05-19

Legal Info

Township: 2N
Range: 3E
Section: 20
Lot Number: B

More Information

Sold Info

Loan Type: Other
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $

Property Features

Building Type: Office Business Type: Professional/Office; Other; See Remarks Stories: Other (See Remarks) Construction: Other Roofing: Other Floors: Other Ceiling Height: 8.1 Feet to 10 Feet Cooling: Central Air Loading Facilities: Other (See Remarks) Interior Features: Other (See Remarks) Fencing: None Parking Features: Parking Structure; Paved Electric: APS Gas: SW Gas Water Source: City Franchise Sewer: Sewer - Public New Financing: Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Source of Fincl Data: Other (See Remarks) Road Surface Type: Asphalt Environmental: Other (See Remarks)

Listing Office: R.O.I. Properties

Last Updated: April - 13 - 2025