City Square — Sale in Phoenix, AZ

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Phoenix, AZ 85012
  • Size: 194,733 SF

Description

Introducing an exceptional opportunity for office building investors: a distinguished 194,733 SF property nestled in the heart of Phoenix, AZ. Boasting a rich history dating back to 1961, this iconic building offers 78% occupancy, presenting a compelling investment proposition. With prime functionality and strategic positioning in the Phoenix area, this property provides ample potential for both current and future tenants. Don't miss the chance to acquire a coveted asset with a strong leasing history and a promising outlook for sustained growth and prosperity.

Market Context

This office in Phoenix, AZ is listed for sale across 194,733 SF. It has been on the market for 53 days. Compare it against other office listings for sale in Phoenix, AZ — view the full market.

As of Q1 2026, the Phoenix office market showed cap rates around 7.2%. Source: multiple brokerage reports, Q1 2026.

Office market FAQ

What is the typical cap rate for office in Phoenix?
About 7.2% as of Q1 2026, per multiple brokerage reports.

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