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16515 South 40th Street Bldg 9, Phoenix, AZ 85048

Office space available with 2,516 square feet.

Space Size2,516 SF
Property Size5,004 SF
Days on Market2430

Property Features for 16515 South 40th Street Bldg 9

General Information

Standard status Active
Size 2,516 SF
Class B
Property subtype Office
Lease Type NNN

Building Details

Building Size 5,004 SF
Year Built 2002
Tenancy Multiple

Spaces For Lease

at 16515 South 40th Street Bldg 9 Contact us

Suite 143

Size
2,516 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Commercial Properties Inc Tempe
Listed By: Langdon Bridges · License #AZ SA580717000
Source: Crexi
Added: Dec 20, 2019 Changed: Aug 8 Last Checked: Aug 13 at 11:21AM

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 Tempe

Investment Insights

Based on property information with market context.

An office space is available for rent. The space offers 2,516 square feet.

Key Highlights

  • Available office space
  • Size: 2,516 SqFt
  • 1 space available

Property Analytics

Current Use

Spine Institute of Arizona Physician Desert Shores Dentistry Dental Office Webster Shari R ... Alternative Medicine Practice Mark S. Williams Law Firm Cales Gloria L Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Parking Lot & Garage Furniture & Home Goods Auto Parts Store Locksmith

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
$2.78 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,021
Businesses Nearby

Demographics for 85048, AZ

34,524
Population
14,369
Households
2.4
Avg Household Size
42
Median Age
62%
College-Educated
98%
High-School Grad
10.1 sq mi
ZIP Area
3,418
Density / Sq Mi
$123,198
Median Household Income
$70,210
Median Earnings
$1,995
Median Rent
$538,500
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 3% above 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space available with 2,516 square feet.
Where is this office units located?
The property is located at 16515 South 40th Street Bldg 9 Phoenix, AZ.
What is the lease rate?
The lease rate is $18.50 SF/Yr.
What are key features of this property?
This property features: Available office space; Size: 2,516 SqFt; 1 space available
(480) 966-7322 Call to check price and availability
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