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Description

The property at 55 East Thomas Road in Midtown Phoenix presents a unique opportunity for both owner-users and investors seeking a well-located office asset with immediate income and future flexibility. The three-story office building contains approximately 17,871 square feet and is currently 100% leased, providing stable cash flow from existing tenants. A significant advantage of the offering is that approximately 12,325 square feet across the first and second floors can be made available for an owner-user upon request, allowing a buyer to occupy a substantial portion of the building while benefiting from rental income from the remaining leased space. Situated on a 1.05-acre parcel, the property offers ample on-site parking, strong visibility along the highly trafficked Thomas Road corridor, and convenient access to Central Avenue, the Valley Metro light rail system, and numerous nearby amenities. Located within one of Phoenix’s most established and supply-constrained office submarkets, the property combines stable tenancy, strategic accessibility, and long-term value-add potential, making it an attractive investment for businesses seeking a headquarters location or investors looking for a well-positioned commercial asset with future upside.

Listing Details

  • Tenancy

    Multi

  • Space Type

    office

  • Sub Category

    executive

  • Date Listed

    6/16/2026

  • Investment Type

    Owner User

  • Parking Info

    111 Spaces (6.21 Spaces per 1000 SF Leased)

  • Typical Floor Size

  • Building FAR

Property Specifics

  • Property Name

    55 E Thomas Rd

  • Property Class

    B

  • No of Stories

  • Year Built

    1962

  • Building Size

  • Lot Size

    [object Object] Ac

  • Year Renovated

    2022

  • APN

    118-44-009A; 118-44-030

  • Zoning

    C-1

Property Amenities

Unit Amenities

Air Conditioning
Central Heating
Kitchen
Security System

Site Amenities

Elevator
Fitness Center

Location Amenities

Airport
Commuter Rail
Metro/Subway
Public Transportation