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

Listed By: Tyler Smith · License #SA704414000 Show Phone

Source: Moodyscre

Added: Nov 28, 2024 Changed: Jul 6 Last Checked: Jul 21 at 3:15AM

Report an Issue

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 Kidder Mathews | Phoenix

Investment Insights

Based on property information with market context.

This office space, totaling 2283 square feet, is located immediately adjacent to a Light Rail station. The property is centrally located between Downtown Phoenix and Tempe, and is approximately 15 minutes from Downtown Scottsdale and the Central Business Corridor. Loop 202 provides excellent freeway access, linking to all major freeways. Sky Harbor International Airport is located a short distance away and is completely accessible by Light Rail. The surrounding area includes retail options, banks, restaurants, and apartments. An on-site historic Stockyards restaurant is also present.

Key Highlights

• Immediately adjacent to Light Rail station for easy commuting.
• Excellent freeway access via Loop 202.
• Centrally located between Downtown Phoenix and Tempe.

Property Analytics

Property Profile

Current Use

The Stockyards Steakhouse Restaurant Dickinson Wright Law Firm Weems Asphalt General Contractor

Suggested Use

Top Pick Dental Office Nail Salon Hair Salon Spa & Massage Center Grocery & Convenience Store Electrical Service

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

$4.35 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

626

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 54% 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

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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?

Ask Rey about this property ...

Similar For Rent Nearby

Neighborhood Retail Center on Corner

12450 N 35th Avenue, Phoenix, AZ 85029

$15 SF/Yr

4,000 sqft

View details

Medical Office Suite in Professional Plaza

Parkwood Professional Plaza 5501 N 19th Ave, Phoenix, AZ 85015

$1,148/Mo

4,971 sqft

View details

Hard Corner Retail Suites

3201 E Oak St, Phoenix, AZ 85008

$34.10 SF/Yr

3,155 sqft

View details

Renovated Historic Office Suites

500c-112 N Central Avenue, Phoenix, AZ 85004

$5,431/Mo

2,607 sqft

View details

Office Suite Unit 600B

112 N CENTRAL Avenue 600B, Phoenix, AZ 85004

$7,447/Mo

3,575 sqft

View details

Freestanding Commercial Building with Signage

17648 N 32nd St, Phoenix, AZ 85032

$4,500/Mo

2,304 sqft

View details

Renovated Office Suite with Balconies

845 N 4th Ave, Phoenix, AZ 85003

$12.50 SF/Yr

1,400 sqft

View details

Industrial Flex Space with Clear Spans

4106 S 7th St, Phoenix, AZ 85040

$9,000/Mo

2,715 sqft

View details

Office/Warehouse Flex Suites with Loading

H-8055 N 24th Avenue, Phoenix, AZ 85021

$1,864/Mo

1,621 sqft

View details

Flexible Office Suites

100-1805 W Van Buren St, Phoenix, AZ 85004

$2,850/Mo

9,593 sqft

View details

Flexible Office and Retail Suites

1805 W Van Buren Street #1801, Phoenix, AZ 85007

$2,175/Mo

9,593 sqft

View details

Historic Downtown Office Suite

700d-112 N Central Ave, Phoenix, AZ 85004

$3,319/Mo

1,593 sqft

View details

Frequently Asked Questions

What type of property is this?

Office units - Office space adjacent to light rail station, central Phoenix location.

Where is this office units located?

The property is located at 5009 E Washington St Phoenix, AZ.

What is the lease rate?

The lease rate is $29 SF/Yr.

What are key features of this property?

This property features: Immediately adjacent to Light Rail station for easy commuting.; Excellent freeway access via Loop 202.; Centrally located between Downtown Phoenix and Tempe.