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Built-Out Office Suite
New
For Lease
$2,095/Mo

115-15255 N 40th St, Phoenix, AZ 85034

Move-in-ready workspace includes a conference room, four private offices, and a separate-entry office.

Space Size1,601 SF
Days on Market3

Property Features for 115-15255 N 40th St

General Information

Standard status Active
Size 1,601 SF
Net Rentable 1,601 SF

Space & Availability

Available Space 1,601 SF
Contiguous Space 1,601 SF
Space Use Office
Condition Move-in Ready
Private Offices 4
Meeting Rooms 1

Additional Details

Utilities to Site Yes
Sprinkler System Yes

Taxes and HOA fees

Annual Taxes $4,396
Listing Agency: Platinum First Realty
Listed By: Robert L Berta
Source: Exprealty
Added: Oct 13 Changed: Oct 15 Last Checked: Oct 15 at 1:58AM

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 Platinum First Realty

Investment Insights

Based on property information with market context.

This 1,601-square-foot office suite is built out with a reception area, conference room, four private offices, an open office area, kitchen, and IT/storage room. One private office has its own separate entrance.

The association fee covers exterior maintenance, roof, parking lot, trash, sewer, water, exterior window cleaning, and fire sprinkler maintenance. The CAM estimate includes the association fee and property tax.

Key Highlights

  • 1,601‑square‑foot office suite with reception, conference room, and open work area
  • Four private offices, including one with a separate entrance
  • Kitchen and IT/storage room

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Hair Salon (Bike/Boat/Book/etc) Store Skin Care Clinic Electrical Service Garden Center Veterinary Clinic

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

Yes
Sprinkler system
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.36 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

812
Businesses Nearby

Demographics for 85034, AZ

5,033
Population
2,901
Households
1.7
Avg Household Size
32
Median Age
32%
College-Educated
81%
High-School Grad
11.6 sq mi
ZIP Area
434
Density / Sq Mi
$53,545
Median Household Income
$43,236
Median Earnings
$1,205
Median Rent
$397,400
Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$20.25 /SF/Yr
Avg Asking Price
$1.16–$114 /SF/Yr
Price Range
10,746 SF
Avg Space Size

This space is priced 22% below the average of $20.25 /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
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Frequently Asked Questions

What type of property is this?
Office units - Move-in-ready workspace includes a conference room, four private offices, and a separate-entry office.
Where is this office units located?
The property is located at 115-15255 N 40th St Phoenix, AZ.
What is the lease rate?
The lease rate is $2,095/Mo.
What are key features of this property?
This property features: 1,601‑square‑foot office suite with reception, conference room, and open work area; Four private offices, including one with a separate entrance; Kitchen and IT/storage room
More about this property
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