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
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
- County Code
- Maricopa
- Assessor Number
- 155-29-127-B
- Tax Year
- 2021
- 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
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 $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Construction
- Other
- Yes
Roofing
- Other
- Yes
Floors
- Other
- Yes
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
- Yes
Business Type
- Professional/Office
- Yes
- Other
- Yes
- See Remarks
- Yes
Stories
- Other (See Remarks)
- Yes
Pmt & Rate Info
- Equity
- 10000000
- Total Owed
- 0
Showing Notification Methods
- Text
- Yes
- Yes
- Phone Call
- Yes
Lockbox Type
- None
- Yes
Ceiling Height
- 8.1 Feet to 10 Feet
- Yes
Heating
- Electric
- Yes
Cooling
- Central Air
- Yes
Interior Features
- Other (See Remarks)
- Yes
Loading Facilities
- Other (See Remarks)
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Other (See Remarks)
- Yes
Fencing
- None
- Yes
Water Source
- City Franchise
- Yes
Freeway/Highway
- 2.1 - 5 Miles
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Parking Structure
- Yes
- Paved
- Yes
Electric
- APS
- Yes
Gas
- SW Gas
- Yes
New Financing
- Other (See Remarks)
- Yes
Reports/Disclosures
- Other (See Remarks)
- Yes
Environmental
- Other (See Remarks)
- Yes
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
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