Office Unit with Central
New
For Sale
$874,000
14001 N 7th Street E109, Phoenix, AZ 85022
Office unit in Moon Valley Corporate Center with CO zoning, heat pump systems, and paved parking.
Property Size2,513 SF
Price / SF$347.79
Days on Market5
Property Features for 14001 N 7th Street E109
General Information
Standard status
Active
Size
2,513 SF
Total Parking Spaces
28
Zoning
CO
Taxes and HOA fees
Annual Taxes
$5,029
Amenities
Central Air, Heat Pump
Heat Pump, Electric
Parking Lot, Paved, See Remarks
Building Details
Year Built
2004
Buildings
1
Stories
1
Listing Agency:
Delex Realty
(602) 762-4830
Listed By:
Michael A Aldridge · License #SA571999000
(602) 762-4830
Source:
Evrealestate
Added: Aug 6
Changed: Aug 9
Last Checked: Aug 9 at 11:50AM
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 Delex Realty
Investment Insights
Based on property information with market context.
This office unit is identified as E109 within Moon Valley Corporate Center. The property includes central air and heat pump systems supported by electric service. Constructed in 2004, the unit carries CO zoning and is served by a paved parking lot.
The property is located at 14001 N 7th Street in Phoenix, within Maricopa County. From Thunderbird Road, travel north on 7th Street for approximately a quarter mile; the corporate center is positioned on the east side of the street. Building E is reached through the main entry and is the fifth building in from 7th Street.
The property is located at 14001 N 7th Street in Phoenix, within Maricopa County. From Thunderbird Road, travel north on 7th Street for approximately a quarter mile; the corporate center is positioned on the east side of the street. Building E is reached through the main entry and is the fifth building in from 7th Street.
Key Highlights
- Office unit E109 in Moon Valley Corporate Center
- CO zoning
- Central air and heat pump systems
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,019
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$860,380
$860.4K
Cap Rate 7%
$614,557
$614.6K
Cap Rate 9%
$477,989
$478.0K
Market Conditions
NOI Build-Up for 2,513 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$77.2K $30.72/SF
− Vacancy
−$19.8K −$7.90/SF
EGI
$57.4K $22.82/SF
− OpEx
−$14.3K −$5.71/SF
NOI
$43.0K $17.12/SF
Area
Phoenix, AZ
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$860,380
Cap Rate 7%
$614,557
Cap Rate 9%
$477,989
Alternative Uses
Best Use
Office B
$614.6K
$537.7K – $717.0K
NOI $43,019 @ 7.0% cap · market cap 4.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$761.2K
$666.1K – $888.1K
NOI $53,285 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
737
Businesses Nearby
Explore this area
Business Placement
Demographics for 85022, AZ
51,314
Population
25,020
Households
2.1
Avg Household Size
39
Median Age
36%
College-Educated
91%
High-School Grad
9.4 sq mi
ZIP Area
5,459
Density / Sq Mi
$66,601
Median Household Income
$45,875
Median Earnings
$1,517
Median Rent
$385,900
Median Home Value
Market
Vacancy Rate% for Office in Phoenix, AZ
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Office unit in Moon Valley Corporate Center with CO zoning, heat pump systems, and paved parking.
Where is this office units located?
The property is located at 14001 N 7th Street E109 Phoenix, AZ.
What is the asking price?
The asking price for this property is $874,000.
What are key features of this property?
This property features: Office unit E109 in Moon Valley Corporate Center; CO zoning; Central air and heat pump systems
