Fairmount Place — Lease in Phoenix, AZ

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Phoenix, AZ 85012
  • Size: 78,233 SF
  • Year built: 1984

Description

Fairmount Place

Market Context

This office in Phoenix, AZ is listed for lease across 78,233 SF. The building dates to 1984. It has been on the market for 196 days. Compare it against other office listings for lease 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.

Estimated Market Rate

$2.85/SF/mo – $3.85/SF/mo

Mid: $3.35/SF/mo

Estimated total for 78,233 SF: $262,081 per month

Cost-of-business estimate only; rate estimator unavailable.

Based on comparable properties in similar markets rather than local sales.

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