Description

Whispering Wind Corporate Center is a 74,520-square-foot Class A office property located at 2205 & 2225 W Whispering Wind Drive in Phoenix, Arizona. Built in 2007 and situated on 4.73 acres, the two-story asset features efficient 38,308-square-foot floor plates, a 4.5 per 1,000 parking ratio with 340 spaces, and modern construction standards.

The property is fully leased, providing investors with stable cash flow, and benefits from in-place rents of $24 per square foot, approximately 5.6% below the market average of $26 per square foot, presenting potential upside through lease renewals or re-tenanting. Offered at $17,100,000 ($229 per square foot), the property generates an in-place NOI of $1,155,877, resulting in a 6.76% cap rate. Stabilized metrics reflect a cap rate of 7.47% and NOI of $1,277,428.

Located in Phoenix’s thriving North Gateway submarket, the Corporate Center benefits from proximity to major transportation routes, a growing workforce, and robust demand for quality office space. This asset provides institutional investors an opportunity to secure a well-positioned, stabilized property with potential for rent growth in one of the nation’s most dynamic office markets.