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    Phoenix Office/Retail Space For Sale Title is generated by Realmo AI

    4115 N 108th Ave, Phoenix, AZ

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    Office and retail space available for sale in Phoenix, AZ.

    Type:OFFICE
    Property size:
    8,276 SF
    Lot size:
    0.19 Acres
    Price / SF:
    $302/SF
    Added:
    Sep 24, 2024
    Days on Market:
    629
    Last Refresh:
    May 19 at 10:43 pm

    Property Features for 4115 N 108th Ave

    General Information

    Standard status
    Active
    Size
    8,276 SF
    Lot size
    0.19 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Paul Fox
    Paul Fox

    Listing agent Paul Fox License #SA628495000

    Listing office Commercial Properties Inc

    Listing date Sep 24, 2024

    Source Moodyscre

    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

    HighLights

    • Office / Retail space available
    • Location: Phoenix, AZ
    • Available for sale

    Overview

    This property offers office and retail space for sale in Phoenix, Arizona. The building has a total area of 8,276 square feet.

    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 $254.2k $30.72
    − Vacancy −$65.3k −$7.90
    EGI $188.9k $22.82
    − OpEx −$47.2k −$5.71
    NOI $141.7k $17.12
    8,276 SF · lease $30.72/SF/yr · vacancy 25.70% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.02M
    $1.77M – $2.36M (±1% cap)
    NOI $141,675 @ 7.0% cap · market cap 5.67%
    Second Best
    Retail
    $1.34M
    $1.17M – $1.56M (±1% cap)
    NOI $93,537 @ 7.0% cap · market cap 3.74%
    Theoretical Best
    Office A
    $2.51M
    $2.19M – $2.92M (±1% cap)
    NOI $175,481 @ 7.0% cap · market cap 7.02%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wells Fargo Bank Bank Wells Fargo ATM Atm Wells Fargo Advisors Financial Advisor Premier H2O Industrial Manufacturer Wells Fargo Advisors ... Financial Advisor

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.293
    Latitude
    33.4939

    FAQs

    What type of property is this?
    Office units - Office and retail space available for sale in Phoenix, AZ.
    Where is this office units located?
    The property is located at 4115 N 108th Ave Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Office / Retail space available; Location: Phoenix, AZ; Available for sale
    (602) 369-9996 Call to check price and availability
    More about this property
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