One North Central — Lease in Phoenix, AZ

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Phoenix, AZ 85004

Description

Discover a leasing opportunity at 1 N Central Ave, an exceptional property designed to meet the diverse needs of modern businesses. With its large, efficient floor plates, the space offers flexibility and functionality to accommodate various work styles. Enjoy the convenience of an on-site deli, providing easy access to quality dining options. The LEED Gold Certification and Energy Star designation demonstrate a commitment to sustainable and efficient operations, ensuring a positive impact on both the environment and operating costs. Additionally, the on-site storage, strong institutional ownership, and on-site property management further enhance the property's appeal, providing tenants with the support and resources needed for a successful and seamless leasing experience.

Market Context

This office in Phoenix, AZ is listed for lease. It has been on the market for 53 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

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

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

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