Remodeled Coworking
13235 N Verde River Dr N Unit 7, Fountain Hills, AZ 85268
For Sale
Contact for pricing
Remodeled workspace with shared kitchen access, updated restrooms, utilities, and WiFi included.
Property Size5,010 SF
Price / SF$0.16
Days on Market184
Property Features for 13235 N Verde River Dr N Unit 7
General Information
Standard status
Size
Amenities
full kitchen
remodeled bathrooms
WIFI
electric
water
weekly cleaning of common area
external directory signage
business mailing address
Building Details
Year Built
Listing Agency:
Keller Williams Arizona Realty
Listed By:
Richard F Barker · License #SA635052000
(602) 882-9404
Source:
Findallphoenixhomelistings
Added: May 8
Changed: Nov 1
Last Checked: Nov 6 at 9:11AM
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 Keller Williams Arizona Realty
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Investment Insights
Based on property information with market context.
This 280-square-foot coworking space is available for immediate occupancy in a remodeled commercial setting. The space provides access to a full kitchen and remodeled bathrooms, with WiFi, electric service, and water included under the stated occupancy arrangement.
Shared-area cleaning is performed weekly. The offering also includes external directory signage and a business mailing address, providing practical support for an operating business.
Shared-area cleaning is performed weekly. The offering also includes external directory signage and a business mailing address, providing practical support for an operating business.
Key Highlights
- 280 sq ft workspace available for immediate occupancy
- Access to a full kitchen and remodeled bathrooms
- WiFi, electric, and water included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,925
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,738,500
$1.7M
Cap Rate 7%
$1,241,786
$1.2M
Cap Rate 9%
$965,833
$965.8K
Market Conditions
NOI Build-Up for 5,010 SF
Gross rent
$153.3K $30.60/SF
− Vacancy
−$37.4K −$7.47/SF
EGI
$115.9K $23.13/SF
− OpEx
−$29.0K −$5.78/SF
NOI
$86.9K $17.35/SF
Area
Maricopa County, AZ
Vacancy
24.40%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,738,500
Cap Rate 7%
$1,241,786
Cap Rate 9%
$965,833
Alternative Uses
Best Use
Office B
$1.24M
$1.09M – $1.45M
NOI $86,925 @ 7.0% cap · market cap 10,536.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.55M
$1.36M – $1.81M
NOI $108,481 @ 7.0% cap · market cap 13,149.21%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,236
Businesses Nearby
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Business Placement
Demographics for 85268, AZ
24,031
Population
13,429
Households
1.8
Avg Household Size
61
Median Age
50%
College-Educated
97%
High-School Grad
20.5 sq mi
ZIP Area
1,172
Density / Sq Mi
$105,288
Median Household Income
$55,054
Median Earnings
$1,781
Median Rent
$576,700
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Coworking space - Remodeled workspace with shared kitchen access, updated restrooms, utilities, and WiFi included.
Where is this coworking space located?
The property is located at 13235 N Verde River Dr N Unit 7 Fountain Hills, AZ.
What are key features of this property?
This property features: 280 sq ft workspace available for immediate occupancy; Access to a full kitchen and remodeled bathrooms; WiFi, electric, and water included
