20 Thomas RdPhoenix, AZ 85012

Property Details for 20 Thomas Rd

Year built

1988

Construction

STEEL FRAME

Lot size

1.45 AC

Property size (Sq ft)

555,651 SF

Zone code

C-2

Property type

Office properties

Property subtype

Office buildings

APN

118-35-107

APU

11835107

Description

This exceptional executive office suite, located in the prestigious Centurylink Tower at 20 E Thomas Road, #2400, Phoenix, AZ 85012, offers 3,783 square feet of move-in ready space. Situated in a Class B building constructed in 1988, this suite is perfect for businesses seeking a prime location in Maricopa County. The entire 3,783 square feet is currently vacant and immediately available for lease. The space is part of a larger building totaling 586,403 square feet, offering a multitude of potential synergies with other tenants. While the minimum divisible space is 3,783 square feet, this is also the maximum contiguous space available in this particular offering. This presents a unique opportunity for a business requiring a substantial, self-contained office environment. The building's location in Phoenix provides easy access to major transportation arteries, ensuring convenient commutes for employees and clients. This is an excellent opportunity to establish a prominent presence in a well-established and highly sought-after business district. The suite is ready for immediate occupancy, allowing for a swift and efficient transition for your business. Contact us today to schedule a viewing and explore the possibilities this exceptional space offers.

• CAP approach

  CAP return

  Valuation

  6%

  $122,774,552

  6.5%

  $113,330,352

  7%

  $105,235,328

• Comparable approach

  Method

  Valuation

  Relative Method

  $85,653,600

  Geo Method

  $85,653,600

• Alternative Use

  Use

  Valuation

  Residential

  $140,529,632

  Hospitality

  $128,724,392

  Educational

  $107,097,184

  Medical

  $110,780,424

  Retail

  $166,595,616

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.4807

Longitude

-112.071

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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