Pablo Rodriguez
2600 North Central

2600 North Central

2600 N Central Ave

Phoenix, AZ 85004

317,687 SF
Total Square Feet
832
Total Parking Ratio
Fee Simple
Ownership Interest
$2,500,000
Asking Price
43.00
Load Factor
$33,333
Price/SF

Description

Colliers, as exclusive advisor, is pleased to present the opportunity to acquire 2600 Tower, a Class A, +/-317,687-square-foot, 20-story office building located in the heart of Midtown Phoenix.

2600 Tower occupies a prime corner in one of Phoenix's most iconic commercial corridors, offering exceptional connectivity, walkable amenities, and strong long-term fundamentals. More than $13.2 million in recent capital improvements, including a transformative lobby renovation, enhanced tenant-facing areas, modernized building systems, and upgraded on-site amenities and flexible workspaces, has attracted a diverse mix of professional and technology-driven tenants.

Situated on a +/-2.72-acre site with a dedicated six-level structured parking, 2600 Tower is currently 63% leased. The tenant roster includes the Bureau of Indian Affairs Western Regional Office along with three additional federal agencies, eight active datacenter operations, and a range of technology and professional services firms, providing both income stability and a clear path for lease-up.

This institutional-quality asset offers a rare blend of stable long-term tenancy, datacenter and mission-critical infrastructure, and pricing well below replacement cost, positioning it for strong value creation and long-term upside.

Offering Summary
Property TypeOffice
Asking Price$2,500,000
Price PSF$33,333
Price/Unit$55,555
Price/Acre$5,555
Size317,687 SF
Available117,461 SF
Occupancy100%
Built1982
Parking832
Total Acres~2.72 ac
Sale Details
NOI$125,000
In-Place Rents54354
Market Rents322
Documents
Property Address
Property Details
Property TypeOffice
Square Feet317,687 SF
Available Space (SF)117,461 SF
Occupancy63%
Building ClassA
Year Built1982
Year Renovated2022
Stories20
Floor Plates (SF)20,000 SF
Load Factor43.00%
Total Parking832
TenancyMulti
Acres2.72 acres
ZoningC-2 HR (Intermediate Commercial)
APN118-43-146A
Ownership InterestFee Simple
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Deal Team

Mindy Korth
Mindy Korth
Executive Vice President
AZ RE Lic. BR004901000