Phoenix Memorial Center

Off Market

1201 South 7th Avenue, Phoenix, AZ 85007

  • Office
  • General Office
  • 320,000 Sqft

Phoenix Memorial Center, Phoenix, AZ 85007 - Office Space

Phoenix Memorial Center is located at 1201 South 7th Avenue in the Central City neighborhood, AZ, Phoenix, 85007. The Class B Office building was completed in 2007 and features a total of 320,000 Sqft.

There are 70 office spaces for lease in the Central City neighborhood, totaling 881,237 Sqft of available office space. The office space availability for the 85007 zip code is 176,055 Sqft, in 14 office spaces. The average asking office rent per sq. ft. in Central City is $20.28/sqft/year. For Class A office buildings the average office rate is $25.15/sqft/year, for Class B office buildings the average office rate is $19.98/sqft/year, for Class C office buildings the average office rate is $14.74/sqft/year.

In Central City, there are 38 class B office buildings. In 2007, the same year Phoenix Memorial Center was built, 131 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Phoenix, featuring 8,314,783 square feet of commercial space. At zip code level, there are 15 commercial properties, of which 4 are office buildings over 50,000 square feet.

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Details

  • City Phoenix
  • Neighborhood Central City
  • Zip Code 85007
  • Market Phoenix
  • Property Type Office - General Office
  • Property Size 320,000 Sqft
  • Lot Size 11.98 Acre
  • Parking Spaces Avail. 960
  • Parking Ratio 3.00/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2007
  • Date Updated 05 Nov, 2020

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com

FREQUENTLY ASKED QUESTIONS

What is the total square footage of Phoenix Memorial Center?

Phoenix Memorial Center totals 320,000 square feet.

When was this property built?

Phoenix Memorial Center was built in 2007.

Central City Demographics

The average household income in zip code 85007 is $58,574, from a total of 5,157 households. In terms of employment, there are 74.61 % white-collar and 25.39 % blue-collar jobs in zip code 85007.

Population

  • Total Population43,781
  • Male Population(51.4 %) 22,502
  • Female Population(48.6 %) 21,279
  • Median Age30.20

Income/Financial

  • Average Household Income$43,013
  • Median Household Income$35,739
  • Median Income Under 25$29,167
  • Median Income 25-44$41,368
  • Median Income 45-64$39,549
  • Median Income Over 65$23,160