4550 North 12th Street

Off-Market

4550 North 12th Street, Phoenix, AZ 85014

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 27,824 SF
  • Lot Size 2.52 Acre
  • Parking Spaces Avail. 108
  • Parking Ratio 3.91 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1978

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 24 Dec, 1986
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Phoenix

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Phoenix Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $26.13
  • 2022 Office Vacancy Rate 19.66%
  • 2022 Office Completions (SF) 477,775

Phoenix Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $260.15
  • Y-o-Y Avg. PpSF Change 23.16%
  • 2022 Office Sales Volume $1.4B
  • 2022 Number of Transactions 76
View more Phoenix market trends

Location

Getting Around

  • Walk Score ®

    65/100 Somewhat Walkable
  • Transit Score ®

    47/100 Some Transit
  • Bike Score ®

    77/100 Very Bikeable
Powered by Walk Score ®
  • City Phoenix, AZ
  • Neighborhood Camelback East
  • Zip Code 85014
  • Market Phoenix

Points of Interest

  • Campbell/ Central Ave

    0.99 miles

  • Indian School/ Central Ave

    1.11 miles

  • Central Ave/ Camelback

    1.12 miles

  • Osborn/ Central Ave

    1.52 miles

  • 7th Ave/ Camelback

    1.58 miles

  • Thomas/ Central Ave

    1.83 miles

  • Encanto/ Central Ave

    2.29 miles

  • 19th Ave/ Camelback

    2.45 miles

  • 19th Ave/ Montebello

    2.74 miles

  • McDowell/ Central Ave

    2.86 miles

  • Sinclair

    0.12 miles

  • Camelback Chevron

    0.58 miles

  • QuikTrip

    0.59 miles

  • Circle K

    0.59 miles

  • Texaco

    0.74 miles

  • Circle K

    0.83 miles

  • Chevron

    0.98 miles

  • Shell

    1.01 miles

  • Blink

    1.02 miles

  • Circle K

    1.15 miles

  • Lot E

    0.65 miles

  • Lot C

    0.78 miles

  • Lot A

    0.88 miles

  • Lot D

    0.89 miles

  • Lot B

    0.91 miles

  • 4041 Central Plaza Garage

    1.11 miles

  • Park on Central Parking Garage

    1.19 miles

  • Light Rail Park-n-Ride

    1.21 miles

  • Parc Midtown

    1.36 miles

  • Thomas Garage West

    1.85 miles

  • Extended Stay America - Phoenix - Biltmore

    0.89 miles

  • Holiday Inn Phoenix-Midtown

    1.00 miles

  • Homewood Suites by Hilton Phoenix-Biltmore

    1.09 miles

  • Sonesta Select Phoenix Camelback

    1.23 miles

  • Hilton Garden Inn Phoenix Midtown

    1.30 miles

  • hotel 502 on Camelback

    1.44 miles

  • Hampton Inn Phoenix-Biltmore

    1.44 miles

  • Wyndham Garden Phoenix Midtown

    1.55 miles

  • The Clarendon Hotel and Spa

    1.56 miles

  • Ramada Phoenix Midtown

    1.57 miles

  • Original Gravity

    0.16 miles

  • Culver's

    0.51 miles

  • Flavors of India

    0.56 miles

  • Joe's Diner

    0.57 miles

  • Whyld Ass

    0.58 miles

  • ZK Grill

    0.62 miles

  • Jamba

    0.63 miles

  • Sushi Station

    0.63 miles

  • Reathrey Sekong

    0.63 miles

  • Denny's

    0.64 miles

  • Madison Park Middle School

    0.44 miles

  • Covenent Home School Resource Center

    0.45 miles

  • Argib Network University

    0.50 miles

  • Argib University

    0.53 miles

  • Montecito Community School

    0.56 miles

  • Xavier College Preparatory

    0.60 miles

  • Longview School

    0.70 miles

  • Midtown Primary School

    0.71 miles

  • International Commerce Secondary School

    0.75 miles

  • Central High School

    0.75 miles

  • Tutor Time

    2.74 miles

  • Biltmore Bible Day Care Center

    2.76 miles

  • Today’s Tomorrow Learning Center

    2.96 miles

  • Tutor Time

    4.48 miles

  • Robins Nest Child Care

    4.62 miles

  • Sunrise Preschool

    6.27 miles

  • Happy Days

    8.28 miles

  • A Nannies

    8.53 miles

  • Kiddie Kampus

    8.66 miles

  • Amigo Preschool

    8.94 miles

Frequently Asked Questions

What is the total square footage of 4550 North 12th Street?

4550 North 12th Street totals 27,824 square feet.

When was this property built?

4550 North 12th Street was built in 1974.

When was 4550 North 12th Street last sold?

4550 North 12th Street was last sold on 24 Dec, 1986.

What is the property tax for 4550 North 12th Street?

The property tax for 4550 North 12th Street in 2022 was $35,650.

What is the market value for 4550 North 12th Street?

The market value* for 4550 North 12th Street in 2022 was $2,972,100.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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