Anthem Office/Medical Condo For
42104 N Venture Dr Anthem, AZ
42104 N Venture Dr, Anthem, AZ, 00000
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For Sale
Contact for pricing
Office/medical condo in Anthem, AZ, near I-17.
Property Size2,153 SF
Lot Size0.26 Acres
Price / SF$371.57
Days on Market676
Property Features for 42104 N Venture Dr
General Information
- Standard status
- Active
- Size
- 2,153 SF
- Lot size
- 0.26 Acres
- Property subtype
- OFFICE
Listing Agency
Commercial Properties Inc
(602) 809-6570
Listed by
Eric Butler · License #BR515583000
(602) 809-6570
Source
Moodyscre
Added: Sep 13, 2024 Updated: Jul 6 at 9:50 am Checked: Jul 20 at 3:08 am
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 Commercial Properties Inc
Investment Insights
Based on property information with market context.
An office/medical condo is available for sale in Anthem, Arizona. The property is currently built out as an office and features 4 offices, a large conference room, 2 restrooms, a bullpen, and 3 entrances into the unit. Building signage is available. The property is located near I-17 in the Anthem Community and has a size of 2153 square feet.
Key Highlights
- Office/Medical Condo in Anthem, AZ
- Located near I‑17 in Anthem Community
- Built out with 4 offices, large conference room, 2 restrooms, and bullpen
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $65.9k | $30.60 |
| − Vacancy | −$16.1k | −$7.47 |
| EGI | $49.8k | $23.13 |
| − OpEx | −$12.5k | −$5.78 |
| NOI | $37.4k | $17.35 |
2,153 SF · lease $30.60/SF/yr · vacancy 24.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$533.6K
$466.9K – $622.6K
NOI $37,355 @ 7.0% cap · market cap 4.67%
Second Best
Healthcare Medical
$434.8K
$380.5K – $507.3K
NOI $30,437 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$666.0K
$582.7K – $777.0K
NOI $46,619 @ 7.0% cap · market cap 5.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Healing Wise Holistic Veterinary Care — 39512 N Daisy Mountain Dr, Anthem, AZ 85086
- Daisy Mountain Veterinary Hospital — 39512 N Daisy Mountain Dr #178, Anthem, AZ 85086
FAQs
What type of property is this?
Medical Office Space - Office/medical condo in Anthem, AZ, near I-17.
Where is this medical office space located?
The property is located at 42104 N Venture Dr Anthem, AZ.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: Office/Medical Condo in Anthem, AZ; Located near I‑17 in Anthem Community; Built out with 4 offices, large conference room, 2 restrooms, and bullpen
