Carleton Business Center

Off-Market

3532 West Thomas Road, Phoenix, AZ 85019

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  • Property Type Industrial - Flex - Industrial
  • Property Size 205,955 SF
  • Lot Size 13.91 Acre
  • Parking Spaces Avail. 556
  • Parking Ratio 2.70 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1980

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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Brokers

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Documents

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Sales

  • Purchase Date 15 Oct, 2021
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Origination Date
  • Loan Maturity Date

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 ®

    64/100 Somewhat Walkable
  • Transit Score ®

    41/100 Some Transit
  • Bike Score ®

    52/100 Bikeable
Powered by Walk Score ®
  • City Phoenix, AZ
  • Neighborhood Maryvale
  • Zip Code 85019
  • Market Phoenix

Points of Interest

  • 19th Ave/ Camelback

    2.90 miles

  • 19th Ave/ Montebello

    3.43 miles

  • Thomas/ Central Ave

    3.56 miles

  • Osborn/ Central Ave

    3.58 miles

  • 7th Ave/ Camelback

    3.59 miles

  • Encanto/ Central Ave

    3.60 miles

  • Indian School/ Central Ave

    3.71 miles

  • McDowell/ Central Ave

    3.73 miles

  • Campbell/ Central Ave

    3.83 miles

  • Roosevelt/Central

    3.86 miles

  • Valero

    0.05 miles

  • Circle K

    0.49 miles

  • Costco Gasoline

    0.85 miles

  • Circle K

    0.95 miles

  • Chevron

    0.96 miles

  • QuikTrip

    1.02 miles

  • Kings Gas

    1.10 miles

  • QuikTrip

    1.30 miles

  • Shell

    1.36 miles

  • Shell

    1.38 miles

  • 33rd Ave Parking Garage

    2.03 miles

  • 31st Ave Garage

    2.13 miles

  • 29th Ave Garage

    2.13 miles

  • Halo Parking Garage

    2.28 miles

  • Grove Parking Garage

    2.41 miles

  • Missouri Garage

    2.54 miles

  • 75 - Rivers Parking Garage

    2.60 miles

  • Phoenix College North Lot

    2.76 miles

  • Metro Rail Park'n'Ride

    2.89 miles

  • State of Arizona parking structure

    3.05 miles

  • Mariscos El Malecón

    0.12 miles

  • Burger Shoppe

    0.14 miles

  • Kings Subs

    0.58 miles

  • Domino's

    0.88 miles

  • Church's Chicken

    0.90 miles

  • Carl's Jr.

    0.92 miles

  • Puerto Rico Latin Bar and Grill

    0.96 miles

  • Taqueria El Vaporcito

    0.96 miles

  • Subway

    0.98 miles

  • Jack in the Box

    0.99 miles

  • Cardenas

    0.94 miles

  • dd's Discounts

    0.99 miles

  • Food City

    1.40 miles

  • Food City

    1.96 miles

  • Lams Market

    2.04 miles

  • El Super

    2.21 miles

  • Food City

    2.33 miles

  • Walmart Supercenter

    2.41 miles

  • Ross

    2.44 miles

  • Latino Market

    2.74 miles

  • Southwest Network

    0.60 miles

  • Phoenix Fire Station Number 24

    0.99 miles

  • Phoenix Fire Station Number 14

    1.26 miles

  • Phoenix Fire Station Number 10

    1.43 miles

  • Walgreens

    1.49 miles

  • Phoenix Fire Station Number 15

    2.00 miles

  • Walgreens

    2.18 miles

  • CVS Pharmacy

    2.22 miles

  • Valleywise Behavioral Health Center Maryvale

    2.51 miles

  • Cardiology

    2.56 miles

Frequently Asked Questions

What is the total square footage of Carleton Business Center?

Carleton Business Center totals 205,955 square feet.

When was this property built?

Carleton Business Center was built in 1980.

When was Carleton Business Center last sold?

Carleton Business Center was last sold on 15 Oct, 2021.

What is the property tax for Carleton Business Center?

The property tax for Carleton Business Center in 2022 was $174,721.

What is the market value for Carleton Business Center?

The market value* for Carleton Business Center in 2022 was $8,247,400.
*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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