Paradise Valley Corporate Center — Lease in Phoenix, AZ

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Phoenix, AZ 85032
  • Size: 198,534 SF
  • Year built: 2002

Description

Market Context

This office in Phoenix, AZ is listed for lease across 198,534 SF. The building dates to 2002. It has been on the market for 114 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 198,534 SF: $665,089 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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