Fully Leased Multi-Tenant Investment
For Sale
Contact for pricing
13802 North 32nd Street, Phoenix, AZ 85032
Unique adaptive reuse project completed in 2023, fully leased.
Property Size18,146 SF
Price / SF$495.98
Days on Market251
Property Features for 13802 North 32nd Street
General Information
Standard status
Active
Size
18,146 SF
Total Parking Spaces
90
Property subtype
Retail, Office, Mixed Use
Zoning
C-2
Occupancy
100%
Lease Type
NNN
Net Operating Income
$540,130
Building Details
Year Built
2023
Buildings
2
Stories
2
Units
17
Tenancy
Multi
Listing Agency:
OX Urban Properties
(602) 524-6000
Listed By:
TJ Claassen · License #AZ BR013956000
Source:
Crexi
Added: Dec 3, 2025
Changed: Aug 8
Last Checked: Aug 9 at 11:15AM
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 OX Urban Properties
Investment Insights
Based on property information with market context.
This fully leased, multi-tenant investment property, known as "the bird house," presents an opportunity to own a unique adaptive reuse project completed in 2023. The property features 18,146 square feet of rentable space and houses 10 tenants across two buildings configured in an "L" shape. The single-story building is branded as the "Nest" building, while the two-story building is known as the "Perch" building. The tenant mix is curated to support the affluent and growing "Sheaborhood" neighborhood and includes businesses such as Litte Play Avenue, Optimyze Mind Body Health, Vibe Box, By Refine Natural Light Studio, Essential Investing, Motherhood Co., Luxe Skin and Laser, Heavenly IV, Autumn Wren, and Mode. The property is conveniently located off the 51 Freeway and Thunderbird, adjacent to retailers like Planet Fitness and Walgreens, Great Hearts School, multiple multifamily properties, a high density of single-family homes, and a variety of restaurants. With frontage on 32nd Street and Thunderbird, the hard corner property benefits from exposure to over 50,000 vehicles per day. Situated in a high-demographic neighborhood, close to the freeway, and 15 minutes from Phoenix Sky Harbor Airport, this property offers a stable asset with a recent and complete renovation.
Key Highlights
- Fully leased, multi‑tenant, NNN investment opportunity providing immediate income.
- Unique, recently completed (2023) adaptive reuse project known as 'The Bird House'.
- Located on a hard corner with high visibility (50,000+ vehicles per day) and frontage on 32nd Street and Thunderbird.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
516
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
Market
Vacancy Rate% for Retail in Phoenix, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Unique adaptive reuse project completed in 2023, fully leased.
Where is this mixed-use property located?
The property is located at 13802 North 32nd Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $9,000,000.
What are key features of this property?
This property features: Fully leased, multi‑tenant, NNN investment opportunity providing immediate income.; Unique, **recently completed (2023) adaptive reuse project known as 'The Bird House'.**; Located on a **hard corner with high visibility (50,000+ vehicles per day)** and frontage on 32nd Street and Thunderbird.
