1201 E Thomas Road

Offering Memorandum | Owner/User with Income Opportunity

Overview

Investment Summary

List Price $4,665,780
Lease Type Full Service
Occupancy 50%
Size 20,286 sf/$230 psf

Property Overview

Building size: 20,286 sf

Lot size [approx.]: 1.8 ac | 78,486 sf

Type: Office building

Stories: Two

Year built: 2001

Zoning: C-2, Phoenix

Parking: 4.64/1,000 sf

Parcel #'s: 117-21-144; 117-21-146

Estimated taxes: $28,734 (2024)

Nearby major institutions: Within a 2-mile radius are major medical centers like Abrazo Heart, Phoenix Children’s, St. Joseph’s, and Banner University. Nearby are North High School, Phoenix Country Club, and retail/ dining options including the Promenade; all within 1 mile and close to the Valley Metro Light Rail at Thomas & Central.