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23800 N Farmers Way, Phoenix, AZ 85085

Two new office buildings with extensive on-site amenities.

Space Size25,000 SF - 50,000 SF
Days on Market288

Property Features for 23800 N Farmers Way

General Information

Standard status Active
Size 25,000 SF - 50,000 SF
Class A
Property subtype office

Spaces For Lease

at 23800 N Farmers Way Contact us

Available Space

Floor
1st
Size
25,000-50,000 SF
Type
Office
Term
Jul 2034
Availability
Immediate
Sublease
Yes
Contact us

Available Space

Floor
2nd
Size
25,000-50,000 SF
Type
Office
Term
Jul 2034
Availability
Immediate
Sublease
Yes
Contact us
Listing Agency: Phoenix
Listed By: Brett Thompson · License #SA661014000
Source: Property.jll
Added: Nov 24, 2025 Changed: Sep 7 Last Checked: Sep 8 at 3:45AM

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 Phoenix

Investment Insights

Based on property information with market context.

Two new three-story office buildings offer 50,000 square foot floor plates. Employee parking is ample, with a ratio of 7 spaces per 1,000 square feet. A 734-space parking garage and 1,044 surface parking spaces, including covered and open options, are available. On-site amenities include a coffee café, a full-service cafeteria, a gym, a mailroom, and a credit union with a walk-up ATM. State-of-the-art break rooms are located on all floors, along with private phone rooms and mother’s rooms. Game rooms and libraries are available on the second and third floors. Expansive and well-appointed community areas are also featured.

Key Highlights

  • Ample employee parking with a 734‑space parking garage and 1,044 surface parking spaces (7/1,000).
  • Two new 3‑story office buildings with 50,000 SF floor plates.
  • Enjoy the convenience of an on‑site full‑service cafeteria and coffee café.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Hair Salon Pharmacy

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,566
Businesses Nearby

Demographics for 85085, AZ

27,875
Population
12,737
Households
2.2
Avg Household Size
36
Median Age
51%
College-Educated
97%
High-School Grad
38.1 sq mi
ZIP Area
732
Density / Sq Mi
$122,138
Median Household Income
$70,162
Median Earnings
$1,818
Median Rent
$589,000
Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$26.41 /SF/Yr
Avg Asking Price
$6.05–$47 /SF/Yr
Price Range
23,062 SF
Avg Space Size

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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two new office buildings with extensive on-site amenities.
Where is this office building located?
The property is located at 23800 N Farmers Way Phoenix, AZ.
What are key features of this property?
This property features: Ample employee parking with a 734‑space parking garage and 1,044 surface parking spaces (7/1,000).; Two new 3‑story office buildings with 50,000 SF floor plates.; Enjoy the convenience of an on‑site full‑service cafeteria and coffee café.
More about this property
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