Multi-Tenant Office Investment
For Sale
Contact for pricing
12251 N 32nd St, Phoenix, AZ 85032
Multi-tenant office building with strong freeway access, monument signage, and updated roof and HVAC.
Property Size55,756 SF
Lot Size1.28 Acres
Days on Market103
Property Features for 12251 N 32nd St
General Information
Standard status
Active
Size
55,756 SF
Lot size
1.28 Acres
Property subtype
VacantLand
Occupancy
70%
Site & Location
Traffic Count
16,983 vehicles/day
Highway Access
Yes
Building Details
Building Size
55,756 SF
Tenancy
Multi
Listing Agency:
CRE8 Advisors
Listed By:
Rommie Mojahed · License #SA548861000
(602) 702-4663
Source:
Commercialcafe
Added: Jun 3
Changed: Sep 8
Last Checked: Sep 12 at 5:08AM
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 CRE8 Advisors
Investment Insights
Based on property information with market context.
This multi-tenant office property offers 13,912 square feet of office space across multiple tenants. The building sits on 1.28 acres and features monument signage on 32nd Street. Recent improvements include a new roof and HVAC replacement, supporting a more current operating profile.
The property is located on 32nd Street with listed access to the 51 Freeway and is positioned just north of Cactus Road and just off the freeway. Public remarks note an average daily traffic count of 16,983 vehicles per day on 32nd Street, providing visibility for the business community in the trade area.
With the building described as currently 70% leased, the asset may appeal to investors seeking an income-producing office structure with meaningful tenant occupancy. For owner-users or buyers evaluating repositioning, the combination of updated roof and HVAC and a multi-tenant configuration can support ongoing leasing and operational planning.
The property is located on 32nd Street with listed access to the 51 Freeway and is positioned just north of Cactus Road and just off the freeway. Public remarks note an average daily traffic count of 16,983 vehicles per day on 32nd Street, providing visibility for the business community in the trade area.
With the building described as currently 70% leased, the asset may appeal to investors seeking an income-producing office structure with meaningful tenant occupancy. For owner-users or buyers evaluating repositioning, the combination of updated roof and HVAC and a multi-tenant configuration can support ongoing leasing and operational planning.
Key Highlights
- 13,912 SF multi‑tenant office on 1.28 acres at 12251 N. 32nd Street in Phoenix, AZ
- Currently 70% leased
- Monument signage on 32nd Street; 32nd St. traffic count of 16,983 CPD
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
16,983 VPD
Traffic count
70%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
443
Businesses Nearby
Explore this area
Business Placement
Demographics for 85032, AZ
68,710
Population
30,386
Households
2.3
Avg Household Size
38
Median Age
34%
College-Educated
89%
High-School Grad
12.4 sq mi
ZIP Area
5,541
Density / Sq Mi
$74,331
Median Household Income
$44,790
Median Earnings
$1,492
Median Rent
$387,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Phoenix, AZ
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Multi-tenant office building with strong freeway access, monument signage, and updated roof and HVAC.
Where is this office building located?
The property is located at 12251 N 32nd St Phoenix, AZ.
What are key features of this property?
This property features: 13,912 SF multi‑tenant office on 1.28 acres at 12251 N. 32nd Street in Phoenix, AZ; Currently 70% leased; Monument signage on 32nd Street; 32nd St. traffic count of 16,983 CPD
