Building Details

Year Built 1977

Listing Agency: RE/MAX Fine Properties b***@bravoteam.net Show Phone

Listed By: Bryce Perez · License #SA536656000 Show Phone

Source: Exitrealty

Added: Jul 3, 2024 Changed: Aug 8 Last Checked: Aug 8 at 6:22AM

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Investment Insights

Based on property information with market context.

Centrally located office spaces near Downtown Phoenix are available for rent. The property offers renovated, move-in ready suites, as well as tenant improvement potential. It is suitable for various businesses, including Behavioral Health Centers, Government agencies, dental offices, law offices, surgical centers and professional offices. The property size is 46088 square feet.

Key Highlights

• Centrally located near Downtown Phoenix
• Move‑in ready suites available
• Tenant improvement potential options

Property Analytics

Property Profile

Current Use

Dr. Robert D. ... Physician Ramos Golden Cafe Restaurant Christopher Johnson Physician Becky Van Buren Physician Olschner Monica M Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Wine and Liquor Store Veterinary Clinic Locksmith Tattoo & Piercing Shop Catering 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

$0.09 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

971

Businesses Nearby

Explore this area Business Placement

Demographics for 85003, AZ

11,042

Population

6,117

Households

1.8

Avg Household Size

37

Median Age

45%

College-Educated

87%

High-School Grad

1.9 sq mi

ZIP Area

5,812

Density / Sq Mi

$56,672

Median Household Income

$55,122

Median Earnings

$1,258

Median Rent

$577,700

Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$17.92 /SF/Yr

Avg Asking Price

$0.58–$45 /SF/Yr

Price Range

9,809 SF

Avg Space Size

This space is priced 97% below the average of $17.92 /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?

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Frequently Asked Questions

What type of property is this?

Office units - Centrally located office spaces near Downtown Phoenix, move-in ready.

Where is this office units located?

The property is located at 515 W Buckeye Road 405 Phoenix, AZ.

What is the lease rate?

The lease rate is $2,240/Mo.

What are key features of this property?

This property features: Centrally located near Downtown Phoenix; Move‑in ready suites available; Tenant improvement potential options