4520 N CENTRAL Avenue, Phoenix, AZ 85012
$9,500,000
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
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.
More Information MLS# 6405362
Contract Info
Ownership: Fee Simple Current Price: $9,500,000 Sold Price: $9,500,000 Status: Closed List Date: 2022-05-24
Location, Tax & Legal
Assessor's Map #: 29 Legal Description (Abbrev): E 520F OF S2 S2 SE4 NW4 SEC 20 EX S 177.5F & EX E 60F RD & EX TH PT DAF COM INT CENTRAL AVE & CAMPBE Assessor's Parcel #: 127 Assessor Parcel Ltr: B Add'l Parcels: Yes Tax Municipality: Phoenix Census Tract: 117100 Taxes: 0 Legal: E 520F OF S2 S2 SE4 NW4 SEC 20 EX S 177.5F & EX E 60F RD & EX TH PT DAF COM INT CENTRAL AVE & CAMPBE 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 County Code: Maricopa Assessor Number: 155-29-127-B Tax Year: 2021
General Property Description
Ttl Apx SqFt Bldg: 88800 # of Buildings: 1 Uncvrd Parking Spcs: 93 Year Built: 1975 Zoning: C-2, Phoenix
Legal Info
Range: 3E Section: 20 Township: 2N Lot Number: B
Construction
Other: 1
Roofing
Other: 1
Floors
Other: 1
Income & Expenses
Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 0 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0
Building Type
Office: 1
Business Type
Professional/Office: 1 Other: 1 See Remarks: 1
Stories
Other (See Remarks): 1
Pmt & Rate Info
Equity: 10000000 Total Owed: 0
Showing Notification Methods
Text: 1 Email: 1 Phone Call: 1
Lockbox Type
None: 1
Ceiling Height
8.1 Feet to 10 Feet: 1
Heating
Electric: 1
Cooling
Central Air: 1
Interior Features
Other (See Remarks): 1
Loading Facilities
Other (See Remarks): 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Other (See Remarks): 1
Fencing
None: 1
Water Source
City Franchise: 1
Freeway/Highway
2.1 - 5 Miles: 1
Sewer
Sewer - Public: 1
Parking Features
Parking Structure: 1 Paved: 1
Electric
APS: 1
Gas
SW Gas: 1
New Financing
Other (See Remarks): 1
Reports/Disclosures
Other (See Remarks): 1
Environmental
Other (See Remarks): 1
Sold Info
Loan Type: Other Payment Type: Other Clsing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $
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 Geo Lat: 33.502739 Geo Lon: -112.07473
Status Change Info
Off Market Date: 2022-12-01 Under Contract Date: 2022-11-29 Close of Escrow Date: 2023-05-19 Sold Price: $9,500,000
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
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.