Office for Lease in Phoenix, AZ

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Phoenix, AZ 85004

Description

Discover an exceptional leasing opportunity at 1850 N Central Ave, a property designed with a focus on convenience and comfort. Enjoy the efficiency of nearby metro light rail transit stations and quick access to major freeways and Sky Harbor International Airport. Embrace a healthy work-life balance with access to a full-service fitness center right on site. The state-of-the-art multi-zoned HVAC system ensures a comfortable working environment, while the 24-hour security and surveillance system provides peace of mind. With on-site property management and a variety of specialty retail options, including a coffee/sundry shop, cafe/food court, and dry cleaners, tenants can enjoy added convenience. The property's inviting 2-acre park, complete with water features, seating areas, and sculptures, creates a serene and inspiring setting for professionals and visitors alike.

Market Context

This office in Phoenix, AZ is listed for lease. It has been on the market for 21 days. Compare it against other office listings for lease in Phoenix, AZ — <a href="/search/lease/office/arizona/phoenix">view the full market</a>.

As of Q1 2026, the Phoenix office market showed cap rates around 7.2%. Source: Consensus Q1 2026 market report.

Office market FAQ

What is the typical cap rate for office in Phoenix?
About 7.2% as of Q1 2026, per Consensus.

Unified Estimate

Low Confidence

$10.93/SF/mo – $14.79/SF/mo

Mid: $12.86/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

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