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Fountain Hills Office Building For Sale
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16929 E Enterprise Dr, Fountain Hills, AZ

Attractive office building with potential for owner/user or investment.

Property Size14,830 SF
Lot Size0.79 Acres
Price / SF$121.31
Days on Market1427

Property Features for 16929 E Enterprise Dr

General Information

Standard status Active
Size 14,830 SF
Lot size 0.79 Acres
Property subtype OFFICE
Listing Agency: Rein & Grossoehme
Listed By: Mark Rein
Source: Moodyscre
Added: Dec 1, 2022 Changed: Oct 26 Last Checked: Oct 26 at 6:31PM

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 Rein & Grossoehme

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This attractive office building, constructed in 1976, features a "U" shape design with two freestanding suites in the central courtyard, each equipped with private restrooms. Public restrooms are available on each floor. The property includes several smaller suites, which are typically in high demand and command higher per-square-foot rental rates. The building's design allows for cost-effective renovations to enhance the marketability of vacant spaces and potentially increase lease rates. The property is suitable for an owner-user seeking rental income, especially if the entire building is not required. The entire second floor, comprising 7,852 square feet, is currently available. Most of the occupied suites operate on a month-to-month basis, offering flexibility for potential investors or owner-users. The property is located in Fountain Hills, AZ.

Key Highlights

  • Potential for increased lease rates through low‑cost renovation.
  • Entire second floor (7,852 sq. ft.) available immediately.
  • Ideal for owner/user with potential rental income.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Daycare Center Locksmith Grocery & Convenience Store (Bike/Boat/Book/etc) Store Catering Service Barber Shop

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

Location Intelligence

Trade Area within ½ mile

511
Businesses Nearby
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Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Attractive office building with potential for owner/user or investment.
Where is this office building located?
The property is located at 16929 E Enterprise Dr Fountain Hills, AZ.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: Potential for increased lease rates through low‑cost renovation.; Entire second floor (7,852 sq. ft.) available immediately.; Ideal for owner/user with potential rental income.
(480) 214-9414 Call to check price and availability
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