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19842261
19842274

3620 N 4th Ave, Phoenix, AZ 85013

KC
AZ AZ SA669487000
Avison Young - Phoenix
Listed by Avison Young - Phoenix
$3,211,250
643 days on market
Updated 36 days ago

3620 N 4th Ave

Details
APN 118-27-020D, 118-30-002
Property Type Office
Sub Type Medical Office
Square Footage 18,350
Tenancy Vacant
Price per SqFt $175
Broker Co-Op Yes
Class B
Year Built 1987
Year Renovated 2006
Stories 2
Acreage 0.860
Zoning C-2, City of Phoenix
Parking Spaces 64 spaces
Parking Per SqFt 3.49
Investment Type Owner/User
Ownership Fee Simple

Potential School with Outdoor Space

Marketing description

The subject property was constructed in 1987 and consists of a two-story office building located at 3620 N. 4th Ave, Phoenix, Arizona. In 2006, the building went through renovations that included adding a Kalwall for high-quality natural lighting, C02 levels are regulated by zones introducing fresh air controlled by an application on your phone, and a negative air system that reduces odors which may be controlled. This location is within the Central Corridor, about 3 miles from downtown Phoenix. The property has 64 parking spaces on a 39,989-squarefoot lot. Within walking distance of the Valley Metro Light Rail at Osborn and Central, and surrounded by various retail, corporate anchors, medical facilities, and ASU.

Located within the Central Corridor and is about 3 miles from downtown Phoenix. Arizona State Route 51 is less than 3 miles east, and Interstate I-17 is 2 miles west. Surrounded by medical, St. Joseph Hospital is one mile south, and Phoenix Children’s Hospital is just under 4 miles southeast. Promenade retail, restaurants, and shopping are located within a mile of the subject property. Development along 4th Ave predominantly comprises single to midsize offices, residential condominiums, and apartment buildings with smaller-scale offices and residential uses extending east and west of 4th Ave.

The proposed Senior Living on 2.34 acres of commercial land zoned C-2/R-5 next to the subject property is to break ground in the first quarter of 2025.

Investment highlights

  • Located near the Valley Metro Light Rail, with a station within walking distance of the property at Central Avenue and Osborn Road
  • Arizona state route 51 is less than 3 miles east, and Interstate I-17 is 2 miles west
  • Great visibility with 4th Avenue frontage • Promenade retail, restaurants, and shopping are located within a mile of the property
  • Lighting : Kalwall scatters visible light waves providing evenly diffused daylighting from the second floor down to the first floor. This provides high-quality interior lighting no matter the position of the sun.
  • Kitchen : Two (2) grease traps available.
  • Elevators : One (1) elevator in the building. The elevator is located adjacent to the lobby and allows for access between the first and second floors.
  • Stairwell : Two emergency stairwells are all designed with steel side beams/stringers and welded treads.
  • Exterior : wall frame construction with stucco face exterior. Some areas are entrances that contain a wood veneer over a masonry base.
  • Foundation : All steel columns and walls are built upon concrete footings of various dimensions/sizes that may contain rebar or cages at various depths, patterns, and spacing.
  • Framing : Main building framing consists of vertical and horizontal steel columns and beams. Steel bar joists and trusses are used in various arrangements to support second floor and roof levels.
  • Fire Protection : Active wet pipe sprinkler system covers all sections of the facility’s interior, in addition to an audible alarm system.
  • Ventilation : C02 levels are regulated by zones introducing fresh air and controlled by your phone. A negative air system was installed to reduce odors.
  • Water/Sewer :Provided by City of Phoenix
  • Electricity :Provided by APS
  • Gas :Provided by Southwest Gas

Listing Contacts

KC
AZ AZ SA669487000
Avison Young - Phoenix
Listed by Avison Young - Phoenix

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Additional Information

Name
Kelly Carlon
License
AZ SA669487000
Brokerage
Avison Young
Title
Vice President
Brokerage Address
2720 East Camelback Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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