Listing Agency: Kidder Mathews | Phoenix r***@kidder.com Show Phone

Listed By: Tyler Smith · License #SA545102000 Show Phone

Source: Moodyscre

Added: Nov 24, 2022 Changed: Jul 6 Last Checked: Jul 22 at 4:03AM

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Investment Insights

Based on property information with market context.

Office spaces are available for lease, with spec suites currently under construction, ranging in size from 2,275 to 8,993 square feet. The location is planned to include a future campus conference and meeting facility. Recent capital improvements have been completed. Light Rail has been approved for 25th Avenue & Mountain View Road. Freeway monument signage is a possibility. The property is adjacent to the 63-acre Rose Mofford Park and across from Metro Center Mall, which features over 100 stores.

Key Highlights

• Light Rail approved for 25th Avenue & Mountain View Road.
• Spec suites underway ranging from 2,275 SF to 8,993 SF.
• Adjacent to 63‑acre Rose Mofford Park.

Property Analytics

Property Profile

Current Use

US Agricultural Marketing ... Government

Suggested Use

Top Pick Hair Salon Spa & Massage Center Nail Salon Skin Care Clinic Grocery & Convenience Store Food Market

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

$3.30 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,683

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for Phoenix, AZ

$18.84 /SF/Yr

Avg Asking Price

$0.58–$59.85 /SF/Yr

Price Range

11,631 SF

Avg Space Size

This space is priced 17% above the average of $18.84 /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

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Office suites available near Rose Mofford Park and Metro Center.

Where is this office units located?

The property is located at 10050 N 25th Ave Phoenix, AZ.

What is the lease rate?

The lease rate is $22 SF/Yr.

What are key features of this property?

This property features: Light Rail approved for 25th Avenue & Mountain View Road.; Spec suites underway ranging from 2,275 SF to 8,993 SF.; Adjacent to 63‑acre Rose Mofford Park.