Elevate 24 — Sale in Phoenix, AZ

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Phoenix, AZ 85016
  • Size: 322,406 SF

Description

Introducing a prime commercial real estate opportunity in Phoenix, AZ: a distinguished 322,406 SF office building, exuding timeless sophistication since its construction in 1985. Boasting an impressive presence in the thriving Phoenix area, this property offers a blend of modern amenities and a storied history, making it a robust investment for discerning investors. With ample space for offices and an array of potential uses, the building provides an ideal canvas for creating a dynamic and functional workspace. The prime location and impressive scale of this property make it a standout opportunity in the competitive commercial real estate market.

Market Context

This office in Phoenix, AZ is listed for sale across 322,406 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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