Ground-Floor Office
For Sale
Contact for pricing
12406 N 32nd St Unit 105, Phoenix, AZ 85032
Interior-corridor access and a direct parking-lot entrance serve the office suites.
Property Size12,374 SF
Price / SF$0.14
Days on Market20
Property Features for 12406 N 32nd St Unit 105
General Information
Standard status
Active
Size
12,374 SF
Site & Location
Neighborhood
Paradise Valley
Additional Details
Floor
Ground Floor
Property Use
Office
Amenities
landscaped grounds
Building Details
Year Built
1986
Listing Agency:
Cushman & Wakefield
Listed By:
Edan Andrew Baehmann · License #BR559257000
(602) 999-4542
Source:
Arizonahomeselling
Added: Oct 7
Changed: Oct 25
Last Checked: Oct 24 at 2:47PM
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 Cushman & Wakefield
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office property contains 12,374 square feet of ground-floor space, with suites arranged along an interior corridor. A double-door entrance opens directly from the parking lot, providing a clear arrival point for visitors. The building was constructed in 1986.
Landscaped grounds and on-site parking are additional site features.
Landscaped grounds and on-site parking are additional site features.
Key Highlights
- 12,374 square feet of office space
- Ground‑floor suites connected by an interior corridor
- Double‑door entrance directly off the parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$211,827
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,236,540
$4.2M
Cap Rate 7%
$3,026,100
$3.0M
Cap Rate 9%
$2,353,633
$2.4M
Market Conditions
NOI Build-Up for 12,374 SF
Gross rent
$380.1K $30.72/SF
− Vacancy
−$97.7K −$7.90/SF
EGI
$282.4K $22.82/SF
− OpEx
−$70.6K −$5.71/SF
NOI
$211.8K $17.12/SF
Area
ZIP 85032
Vacancy
25.70%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,236,540
Cap Rate 7%
$3,026,100
Cap Rate 9%
$2,353,633
Alternative Uses
Best Use
Office B
$3.03M
$2.65M – $3.53M
NOI $211,827 @ 7.0% cap · market cap 12,460.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.74M
$3.27M – $4.36M
NOI $261,826 @ 7.0% cap · market cap 15,401.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
490
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
Frequently Asked Questions
What type of property is this?
Office unit - Interior-corridor access and a direct parking-lot entrance serve the office suites.
Where is this office unit located?
The property is located at 12406 N 32nd St Unit 105 Phoenix, AZ.
What are key features of this property?
This property features: 12,374 square feet of office space; Ground‑floor suites connected by an interior corridor; Double‑door entrance directly off the parking lot
