3420 Shea BlvdPhoenix, AZ 85028

Property Details for 3420 Shea Blvd

Year built

1983

Construction

CONCRETE

Lot size

3.19 AC

Property size (Sq ft)

49,120 SF

Zone code

C-O

Property type

Office buildings

APN

166-36-004K

APU

16636004K

Description

This Class A, 15,011 square foot office building, renovated in 2019, offers a variety of executive suites in Phoenix, Arizona. Located at 3420 E. Shea Blvd, Suite 200, in Maricopa County, this property boasts 350 suites, with 5,970 square feet currently vacant. Units range from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet, perfect for individuals or larger companies. The building features elevators and ample natural light from an atrium and skylights. Enjoy a convenient location near Paradise Valley Mall and easy freeway and airport access. Available options include private, fully furnished offices, serviced offices, custom spaces, disaster recovery spaces, and day offices, catering to diverse business needs. A benefits program offering exclusive discounts and procurement support is also available. This light-filled workspace provides a professional environment in a desirable North Phoenix location.

• CAP approach

  CAP return

  Valuation

  6%

  $8,020,795

  6.5%

  $7,403,810

  7%

  $6,874,967

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,571,848

  Geo Method

  $7,571,848

• Alternative Use

  Use

  Valuation

  Residential

  $9,180,725

  Hospitality

  $8,409,495

  Educational

  $6,996,601

  Medical

  $7,237,225

  Retail

  $10,883,602

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.5831

Longitude

-112.008

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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