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Spanish-Style Office Building
For Lease
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115 W Mcdowell Rd, Phoenix, AZ 85003

Office building for rent with ample parking and quick access to I-10, near the light rail station.

Property Size350 SF
Days on Market640

Property Features for 115 W Mcdowell Rd

General Information

Standard status Active
Size 350 SF
Property subtype OFFICE
Lease Type SF/yr

Additional Details

Highway Access Yes

Amenities

walking distance to light rail station

Building Details

Construction Spanish architecture
Listing Agency: LRA Real Estate Group LLC
Listed By: Bryan Mortensen · License ##648243000
Source: Moodyscre
Added: Oct 29, 2024 Changed: Jul 26 Last Checked: Jul 30 at 9:39AM

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 LRA Real Estate Group LLC

Investment Insights

Based on property information with market context.

This Spanish-style office building offers a distinctive architectural look and ample on-site parking. The space is available for rent and is suited for office users looking for convenient transit and highway access.

The property is within walking distance of the light rail station and provides quick access to major highways, including I-10.

While additional interior details aren’t provided, the building’s curb appeal and parking access make it a practical option for tenants prioritizing day-to-day convenience.

Key Highlights

  • Office building for rent with quick access to I‑10
  • Walking distance to a light rail station
  • Ample parking on‑site

Property Analytics

Current Use

Matt’s 💈 Barber Shop Mane Circus Hair ... Hair Salon The Victorian Art Parlour Tattoo & Piercing Shop X INK Permanent ... Medical Clinic Solace Tattoo Tattoo & Piercing Shop

Suggested Use

Top Pick Auto Parts Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Veterinary Clinic Storage Facility Tanning Salon

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
Highway access
NNN (Triple Net)
Lease Type
$7.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,773
Businesses Nearby

Demographics for 85003, AZ

11,042
Population
6,117
Households
1.8
Avg Household Size
37
Median Age
45%
College-Educated
87%
High-School Grad
1.9 sq mi
ZIP Area
5,812
Density / Sq Mi
$56,672
Median Household Income
$55,122
Median Earnings
$1,258
Median Rent
$577,700
Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$25.81 /SF/Yr
Avg Asking Price
$11.95–$47 /SF/Yr
Price Range
54,830 SF
Avg Space Size

This space is priced 86% above the average of $25.81 /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 - Office building for rent with ample parking and quick access to I-10, near the light rail station.
Where is this office building located?
The property is located at 115 W Mcdowell Rd Phoenix, AZ.
What is the lease rate?
The lease rate is $48 SF/Yr.
What are key features of this property?
This property features: Office building for rent with quick access to I‑10; Walking distance to a light rail station; Ample parking on‑site
(602) 621-3770 Call to check price and availability
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