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Private Office Suite
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14819 N Cave Creek Rd Unit 9, Phoenix, AZ 85032

Occupants have access to a shared boardroom, coffee station, updated restrooms, and courtyard.

Property Size7,461 SF
Price / SF$0.07
Days on Market626

Property Features for 14819 N Cave Creek Rd Unit 9

General Information

Standard status Active
Size 7,461 SF

Amenities

shared boardroom
coffee station
updated restrooms
courtyard
private mailbox
public wifi

Building Details

Year Built 1972
Buildings 1
Stories 1
Tenancy Multi
Listing Agency: Prestige Realty
Listed By: Teo Cupes · License #BR573968000
Source: Findyourphoenixhome
Added: Feb 1, 2025 Changed: Oct 19 Last Checked: Oct 19 at 2:27PM

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 Prestige Realty

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Investment Insights

Based on property information with market context.

A private office is available within a single-story office building constructed in 1972. The unit has wood-grain tile flooring and a private mailbox. Shared building amenities include a boardroom with seating for six, a coffee station, updated restrooms, and a courtyard.

Key Highlights

  • Private office with wood‑grain tile flooring
  • Shared boardroom accommodates 6
  • Coffee station, updated restrooms, and courtyard

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$127,723
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,554,460 $2.6M
Cap Rate 7%
$1,824,614 $1.8M
Cap Rate 9%
$1,419,144 $1.4M
Market Conditions
NOI Build-Up for 7,461 SF
Gross rent
$229.2K $30.72/SF
− Vacancy
−$58.9K −$7.90/SF
EGI
$170.3K $22.82/SF
− OpEx
−$42.6K −$5.71/SF
NOI
$127.7K $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%
$2,554,460
Cap Rate 7%
$1,824,614
Cap Rate 9%
$1,419,144

Alternative Uses

Best Use
Office B
$1.82M
$1.60M – $2.13M (±1% cap)
NOI $127,723 @ 7.0% cap · market cap 26,334.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.26M
$1.97M – $2.63M (±1% cap)
NOI $157,870 @ 7.0% cap · market cap 32,550.52%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Comfort care home ... Home Health Care Service Njconsulting Church Alcohol Detection Systems Social Service Agency Innovative Home & Personal ... Home Health Care Service Constellation Complex LLC Department Store

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Parking Lot & Garage Restaurant Electrical 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

788
Businesses Nearby

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

Market

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

Frequently Asked Questions

What type of property is this?
Office unit - Occupants have access to a shared boardroom, coffee station, updated restrooms, and courtyard.
Where is this office unit located?
The property is located at 14819 N Cave Creek Rd Unit 9 Phoenix, AZ.
What are key features of this property?
This property features: Private office with wood‑grain tile flooring; Shared boardroom accommodates 6; Coffee station, updated restrooms, and courtyard
More about this property
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