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
- Asking Price$2,500,000
- Price PSF$33,333
- Price/Unit$55,555
- Price/Acre$5,555
- Property TypeOffice
- Size317,687 SF
- Available117,461 SF
- Occupancy100%
- Built1982
- Parking832
- Total Acres~2.72 ac
Sale Details
- NOI$125,000
- In-Place Rents54,354
- 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)20000 SF
- Load Factor (%)43%
- Total Parking832
- TenancyMulti
- Acres2.72
- ZoningC-2 HR (Intermediate Commercial)
- APN118-43-146A
- Ownership InterestFee Simple
Deal Team




