Two Renaissance Square - Office Space Availability

For Lease $33 - $35.5/Sqft/Year

40 North Central Avenue, Phoenix, AZ 85004

  • Office
  • Office Building
  • 267,821 Sqft

Two Renaissance Square, Phoenix, AZ 85004 - Office Space for rent

Two Renaissance Square is located at 40 North Central Avenue in the Downtown Phoenix neighborhood, AZ, Phoenix, 85004. The Class A Office building was completed in 1989 and features a total of 477,767 Sqft. There are 18 Office spaces available for lease at 40 North Central Avenue, Phoenix, AZ, 85004, totaling 267,821 Sqft. The largest space available has 19,707 Sqft and a rental rate of $33/Sqft/Year.

The average property tax per square foot paid by a commercial property in zip code 85004 is $1.

There are 296 office spaces for lease in the Downtown Phoenix neighborhood, totaling 2,936,434 Sqft of available office space. The office space availability for the 85004 zip code is 3,633,144 Sqft, in 423 office spaces. The average asking office rent per sq. ft. in Downtown Phoenix is $21.47/sqft/year. For Class A office buildings the average office rate is $24.51/sqft/year, for Class B office buildings the average office rate is $16.25/sqft/year, for Class C office buildings the average office rate is $19/sqft/year.

In Downtown Phoenix, there are 16 class A office buildings. In Downtown Phoenix, there are a total of 5 LEED certified office buildings. In 1989, the same year Two Renaissance Square was built, 180 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Phoenix, featuring 4,999,159 square feet of commercial space. At zip code level, there are 40 commercial properties, of which 37 are office buildings over 50,000 square feet.

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Also from Lee & Associates - Phoenix

Details

  • Lease Rate $33 - $35.5/Sqft/Year
  • Address 40 North Central Avenue, Phoenix, AZ 85004
  • City Phoenix
  • Neighborhood Downtown Phoenix
  • Zip Code 85004
  • Market Phoenix
  • Property Type Office
  • Property Subtype Office Building
  • Property Status Existing
  • Building Size 477,767 Sqft
  • Total Space Available 267,821 Sqft
  • Lot Size 0.98 Acre
  • Max Contiguous 19,707 Sqft
  • Building Class A
  • Year Built 1989

Availability

Suite Name Space Type Lease Rate Space Available
11th Floor Office $33/Sqft/Year 19,102 Sqft
  • Suite 11th Floor
  • Space Type Office
  • Lease Rate $33/Sqft/Year
  • Total Space Available 19,102 Sqft
  • Available From Friday, July 8, 2016
12th Floor Office $33/Sqft/Year 19,237 Sqft
  • Suite 12th Floor
  • Space Type Office
  • Lease Rate $33/Sqft/Year
  • Total Space Available 19,237 Sqft
  • Available From Friday, July 8, 2016
14th Floor Office $33/Sqft/Year 19,196 Sqft
  • Suite 14th Floor
  • Space Type Office
  • Lease Rate $33/Sqft/Year
  • Total Space Available 19,196 Sqft
  • Available From Friday, September 22, 2017
5th Floor Office $33/Sqft/Year 18,892 Sqft
  • Suite 5th Floor
  • Space Type Office
  • Lease Rate $33/Sqft/Year
  • Total Space Available 18,892 Sqft
  • Available From Friday, September 22, 2017
6th Floor Office $33/Sqft/Year 19,270 Sqft
  • Suite 6th Floor
  • Space Type Office
  • Lease Rate $33/Sqft/Year
  • Total Space Available 19,270 Sqft
  • Available From Friday, September 22, 2017
7th Floor Office $33/Sqft/Year 19,265 Sqft
  • Suite 7th Floor
  • Space Type Office
  • Lease Rate $33/Sqft/Year
  • Total Space Available 19,265 Sqft
  • Available From Friday, September 22, 2017
8th Floor Office $33/Sqft/Year 19,308 Sqft
  • Suite 8th Floor
  • Space Type Office
  • Lease Rate $33/Sqft/Year
  • Total Space Available 19,308 Sqft
  • Available From Friday, September 22, 2017
9th Floor Office $33/Sqft/Year 19,350 Sqft
  • Suite 9th Floor
  • Space Type Office
  • Lease Rate $33/Sqft/Year
  • Total Space Available 19,350 Sqft
  • Available From Friday, July 8, 2016
Partial 10th Floor Office $33/Sqft/Year 19,298 Sqft
  • Suite Partial 10th Floor
  • Space Type Office
  • Lease Rate $33/Sqft/Year
  • Total Space Available 19,298 Sqft
  • Available From Friday, July 8, 2016
Partial 1st Floor Office $33/Sqft/Year 519 Sqft
  • Suite Partial 1st Floor
  • Space Type Office
  • Lease Rate $33/Sqft/Year
  • Total Space Available 519 Sqft
  • Available From Monday, January 29, 2018
Suite 104 Office $33/Sqft/Year 1,433 Sqft
  • Suite Suite 104
  • Space Type Office
  • Lease Rate $33/Sqft/Year
  • Total Space Available 1,433 Sqft
  • Available From Friday, July 8, 2016
Suite 1900 Office $34/Sqft/Year 19,704 Sqft
  • Suite Suite 1900
  • Space Type Office
  • Lease Rate $34/Sqft/Year
  • Total Space Available 19,704 Sqft
  • Available From Friday, July 8, 2016
Suite 2000 Office $33/Sqft/Year 19,704 Sqft
  • Suite Suite 2000
  • Space Type Office
  • Lease Rate $33/Sqft/Year
  • Total Space Available 19,704 Sqft
  • Available From Friday, July 8, 2016
Suite 2100 Office $33/Sqft/Year 19,704 Sqft
  • Suite Suite 2100
  • Space Type Office
  • Lease Rate $33/Sqft/Year
  • Total Space Available 19,704 Sqft
  • Available From Friday, July 8, 2016
Suite 2300 Office $33/Sqft/Year 19,707 Sqft
  • Suite Suite 2300
  • Space Type Office
  • Lease Rate $33/Sqft/Year
  • Total Space Available 19,707 Sqft
  • Available From Friday, July 8, 2016
Suite 2450 Office $33/Sqft/Year 4,526 Sqft
  • Suite Suite 2450
  • Space Type Office
  • Lease Rate $33/Sqft/Year
  • Total Space Available 4,526 Sqft
  • Available From Friday, September 22, 2017
Suite 2800 Office $35.5/Sqft/Year 9,058 Sqft
  • Suite Suite 2800
  • Space Type Office
  • Lease Rate $35.5/Sqft/Year
  • Total Space Available 9,058 Sqft
  • Available From Friday, September 22, 2017
Suite 305 Office $33/Sqft/Year 548 Sqft
  • Suite Suite 305
  • Space Type Office
  • Lease Rate $33/Sqft/Year
  • Total Space Available 548 Sqft
  • Available From Friday, September 22, 2017

Description

Building is being renovated and offers an on-site, 7,000 SF fully furnished conferencing facility with inspiring space options for meetings, training, board rooms, gaming area, receptions and other uses, all free of charge. There is also a 20,000 SF fitness center featuring a cardio studio, indoor basketball court, training area, free weights, racquetball courts, personal training, laundry service, private showers & lockers and much more. Lobbies are being renovated and we have spec suites on the 12th floor of One Ren as well as the highly anticipated spec suites of the future on the 4th floor of One Ren. This building was awarded an Energy Star label in 2008 for its operating efficiency. Two Renaissance Square is located near Cityscape, Talking Stick Arena and the Federal Court Houses. The exterior of the building is polished carmine red granite and glass. The exterior is sculpted diagonally, giving the illusions of overlapping towers. The lobbies are polished carmine red granite throughout, accented by Brazilian rosewood. This elegant two story lobby reflects themes from the Renaissance Period, with brass accents and marble fountains. Building has 1,050 underground garage parking spaces and 24-hour, 7 day on-site security personnel. The Two Renaissance Square Property has 2 ground leases. Both ground leases are with the City of Phoenix. The first ground lease expires in June of 2006 at which time the Two Renaissance Borrower will have a fee mortgage subject only to the second ground lease. This ground lease relates only to that portion of the underground parking that is within the City of Phoenix's street right of way. This ground lease does not expire until 2037 and has one (1) fifty (50) year renewal option. The Two Renaissance Square Loan was originated on September 28th, 2005 by or on behalf of Principal Commercial Funding, LLC. On the 14th Floor Suites 1-13,25,&27 are flex suites/ multi-office spaces. Suites 11, 14, 15-24, 26, and 28-33 are all single offices. This building was awarded an Energy Star label in 2009 for its operating efficiency. Two Renaissance Square is located near Patriot's Square, America West Arena and the Federal Court Houses. The exterior of the building is polished carmine red granite and glass. The exterior is sculpted diagonally, giving the illusions of overlapping towers. The lobbies are polished carmine red granite throughout, accented by Brazilian rosewood. This elegant two story lobby reflects themes from the Renaissance Period, with brass accents and marble fountains. Building has 1,050 underground garage parking spaces and 24-hour, 7 day on-site security personnel. The Two Renaissance Square Property has 2 ground leases. Both ground leases are with the City of Phoenix. The first ground lease expires in June of 2006 at which time the Two Renaissance Borrower will have a fee mortgage subject only to the second ground lease. This ground lease relates only to that portion of the underground parking that is within the City of Phoenix's street right of way. This ground lease does not expire until 2037 and has one (1) fifty (50) year renewal option. The Two Renaissance Square Loan was originated on September 28th, 2005 by or on behalf of Principal Commercial Funding, LLC. On the 14th Floor Suites 1-13,25,&27 are flex suites/ multi-office spaces. Suites 11, 14, 15-24, 26, and 28-33 are all single offices. This building was awarded an Energy Star label in years 2008 through 2017 for its operating efficiency. In 2015, this building was awarded LEED certification at the Gold level by the U.S. Green Building Council.

Highlights

  • Total Parking Spaces - 1894
  • Parking Ratio - 4.00 / 1,000 SF
  • Number of Stories - 28
  • Min Stories - 28
  • Max Stories - 28
  • Building Exterior - Glass and Masonry
  • Construction Type - Steel Frame
  • Green Building - Green Building - LEED - Certified Gold
  • Restroom Access - Both
  • Property Tenancy - Multi-Tenant
  • Leed - Gold
  • Controlled Access
  • Fitness Center
  • Standard Ceiling Height
  • Redundant Power
  • Common area Wi-Fi
  • Internet Available
  • Passenger Elevators
  • High Rise
  • Major Street Exposure
  • Covered Parking

Downtown Phoenix Demographics

The average household income in zip code 85004 is $62,892, from a total of 2,025 households. In terms of employment, there are 83.94 % white-collar and 16.06 % blue-collar jobs in zip code 85004.

Population

  • Total Population5,891
  • Male Population(57.5 %) 3,385
  • Female Population(42.5 %) 2,506
  • Median Age37.00

Income/Financial

  • Average Household Income$64,243
  • Median Household Income$35,620

See more Downtown Phoenix Demographics data

BROWSE OTHER PROPERTIES IN DOWNTOWN PHOENIX

Check out the links below if you're interested in other types of properties for lease or for sale in Downtown Phoenix:

Broker Leasing Agents

Andrew Cheney

Lee & Associates - Phoenix

(602) 954-3769

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Craig Coppola

Lee & Associates - Phoenix

(602) 954-3762

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Gregg Kafka

Lee & Associates - Phoenix

(602) 954-3777