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Contemporary Multi-Tenant Office
For Lease
$25 SF/Yr

10429 South 51st Street, Phoenix, AZ 85044

Contemporary multi-tenant office building totaling 139,601 SF for lease.

Space SizeContact for details
Property Size39,601 SF
Days on Market20

Property Features for 10429 South 51st Street

General Information

Standard status Active
Size 39,601 SF
Property subtype Office

Building Details

Tenancy Multi
Listing Agency: CBRE | Phoenix
Listed By: Jamie Swirtz · License #SA625844000
Source: Cbre
Added: Jul 17 Changed: Jul 23 Last Checked: Aug 4 at 6:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Phoenix

Investment Insights

Based on property information with market context.

This contemporary design, multi-tenant office building offers a total of 139,601 SF. The property is presented as a leasing opportunity with a focus on flexible space within a dedicated office structure.

The building is located at 10429 South 51st Street in Phoenix, Arizona 85044.

As a multi-tenant office asset, it is suited for organizations looking to operate within an established office environment and benefit from a shared building layout.

Key Highlights

  • Contemporary multi‑tenant office building totaling 139,601 SF
  • Available for lease

Property Analytics

Current Use

Cloud 10 Technologies (Bike/Boat/Book/etc) Store Wright Welker & Pauole ... Law Firm Katie Pena Wellness Consultant Andersen Scott G Law Firm Dr. Astrid Heathcote, ... Physician

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Building Supply Big Box & Wholesale Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

557
Businesses Nearby

Demographics for 85044, AZ

39,559
Population
18,817
Households
2.1
Avg Household Size
41
Median Age
50%
College-Educated
97%
High-School Grad
16.5 sq mi
ZIP Area
2,398
Density / Sq Mi
$96,374
Median Household Income
$58,220
Median Earnings
$1,798
Median Rent
$437,400
Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$25.71 /SF/Yr
Avg Asking Price
$11.95–$47 /SF/Yr
Price Range
23,091 SF
Avg Space Size

This space is priced 3% below the average of $25.71 /SF/Yr.

Vacancy Rate% for Office in Phoenix, AZ

14.4% 2019
19.3% 2020
21.7% 2021
24.3% 2022
27.4% 2023
28.5% 2024
26.5% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Contemporary multi-tenant office building totaling 139,601 SF for lease.
Where is this office building located?
The property is located at 10429 South 51st Street Phoenix, AZ.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Contemporary multi‑tenant office building totaling 139,601 SF; Available for lease
More about this property
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