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Description

This fully renovated office property features all interior spaces built out to modern creative-office specifications, offering contemporary work environments throughout the building. Recent upgrades include a striking, cutting-edge lobby, refreshed landings, in-suite breakrooms and lounges, modern restrooms, upgraded corridors, and dedicated event spaces designed to meet the expectations of today’s tenants. The property presents a significant owner-user opportunity with approximately 97,000 square feet available and is currently 63% leased, creating substantial value-add potential without the need for major capital improvements. Prominently positioned at Midtown’s premier intersection, the building commands a highly visible 14-story presence, consisting of a six-level parking garage topped by eight floors of office space. Tenants benefit from hospitality-inspired amenities, including El Zaguan Mexican Cafe with an outdoor patio, The Oasis—a dedicated event venue spanning approximately 3,700 square feet—and 24 private balconies throughout the property. Efficient floor plates of approximately 14,500 square feet feature narrow bay depths that maximize natural light and extensive window lines, making the space especially attractive to small and mid-sized tenants, while each floor is enhanced by roughly three outdoor balconies. The surrounding market continues to demonstrate strong leasing momentum, with 248 leases totaling approximately 1.5 million square feet signed within a one-mile radius since 2024, and a median tenant size of 2,329 square feet, underscoring the depth and demand of the local office market.

Listing Details

  • Tenancy

    Multi

  • Space Type

    office

  • Sub Category

    creative

  • Date Listed

    6/17/2026

  • Investment Type

    Owner User

  • Net Operating Income

  • Parking Info

    254 Spaces (2.49 Spaces per 1000 SF Leased)

  • Typical Floor Size

  • Ceiling Height / Slab to Slab

    Ft

  • Building FAR

Property Specifics

  • Property Name

    2828 N Central Ave

  • Property Class

    B

  • No of Stories

  • Year Built

    1984

  • Building Size

  • Lot Size

    [object Object] Ac

  • Year Renovated

    2014

  • APN

    118-43-148A

  • Zoning

    C-2 HR Phoenix - Commercial

  • Occupancy

Property Amenities

Location Amenities

Airport
Commuter Rail
Metro/Subway
Public Transportation