Listed by Cushman & Wakefield - Phoenix, Arizona
$15,200,000
Four Gateway
Details
APN 12526018A
Property Type Office
Sub Type Traditional Office, Executive Office
Square Footage 138,240
Tenancy Vacant
Class A
Year Built 1998
Buildings 1
Stories 4
Lot Size (SqFt) 324,691
Parking Spaces 6 per 1,000 sq ft
Investment Type Owner/User
Lease Commencement 07/09/2026
New to Market | Owner/User Opp | Class A Full Bldg
Investment highlights
- Four-story, ±138,240 SF office building on a ±7.46-acre site within the master-planned Phoenix Gateway Business Park, supported by an adjacent two-story parking garage.
- 100% available for an owner/user, offering immediate full-building occupancy with prior corporate headquarters tenancy by State Farm Insurance and CVS.
- Above-market ±6/1,000 parking ratio with 826 total spaces across surface parking and the adjacent 532-stall garage.
- The building features an expansive glass curtain wall delivering abundant natural light and unobstructed upper-floor views of the surrounding mountains and Sky Harbor.
- Efficient floor plates include a ground-level café, a balanced mix of open workspace and private offices, and expansive break rooms on the upper floors.
- True transit-oriented location within walking distance of the Metro Light Rail stop at 44th Street and Washington, which connects directly to Sky Harbor's Sky Train.
- Four major freeways within a ±5-mile radius place more than ±3.3 million residents within a 30-minute commute.
- Phoenix Sky Harbor International Airport—the 11th-busiest airport in the U.S. with more than 51 million annual passengers—lies just ±2.5 miles south with direct access via 44th Street.
- Positioned at the convergence of the Valley's premier residential communities, including Arcadia, the Biltmore/Camelback Corridor, Paradise Valley, Scottsdale, and Tempe.
- OBBBA's permanently restored 100% bonus depreciation allows an owner/user to write off 20–35% of the purchase price in Year 1—an approximately $3.8 million deduction generating ±$1.33 million in tax savings at a 35% rate.
Listing Contacts
Listed by Cushman & Wakefield - Phoenix, Arizona
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