Flexible Multi-Tenant Office
For Sale
Contact for pricing
1414 E Indian School Rd, Phoenix, AZ 85014
Office property suited to an owner-user or a single- or multi-tenant configuration, with building signage available.
Property Size8,966 SF
Price / SF$263.77
Days on Market57
Property Features for 1414 E Indian School Rd
General Information
Standard status
Active
Size
8,966 SF
Class
B
Property subtype
Office
Zoning
C-1
Investment Type
Owner/User
Additional Details
Highway Access
Yes
Building Details
Year Built
1980
Listing Agency:
Colliers - Phoenix, Arizona
Listed By:
Anthony Timpani · License #sa705358000
(602) 222-5000
Source:
Crexi
Added: Aug 12
Changed: Sep 29
Last Checked: Oct 5 at 6:25PM
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 Colliers - Phoenix, Arizona
Investment Insights
Based on property information with market context.
The property is an 8,966-square-foot office building offering flexibility for an owner-user, single-tenant occupancy, or a multi-tenant arrangement. Building signage is available, supporting on-site identification for occupants.
Located at 1414 E Indian School Rd in Phoenix, the property provides access to SR-51 and I-10. Phoenix Sky Harbor International Airport is approximately 6 miles away.
Located at 1414 E Indian School Rd in Phoenix, the property provides access to SR-51 and I-10. Phoenix Sky Harbor International Airport is approximately 6 miles away.
Key Highlights
- 8,966‑square‑foot office building
- Suitable for owner‑user occupancy or single- and multi‑tenant use
- Building signage available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$153,486
Cap Rate
6.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,069,720
$3.1M
Cap Rate 7%
$2,192,657
$2.2M
Cap Rate 9%
$1,705,400
$1.7M
Market Conditions
NOI Build-Up for 8,966 SF
Gross rent
$275.4K $30.72/SF
− Vacancy
−$70.8K −$7.90/SF
EGI
$204.6K $22.82/SF
− OpEx
−$51.2K −$5.71/SF
NOI
$153.5K $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 Rate 5%
$3,069,720
Cap Rate 7%
$2,192,657
Cap Rate 9%
$1,705,400
Alternative Uses
Best Use
Office B
$2.19M
$1.92M – $2.56M
NOI $153,486 @ 7.0% cap · market cap 6.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.72M
$2.38M – $3.17M
NOI $190,111 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,518
Businesses Nearby
Explore this area
Business Placement
Demographics for 85014, AZ
26,381
Population
14,778
Households
1.8
Avg Household Size
37
Median Age
43%
College-Educated
90%
High-School Grad
4.0 sq mi
ZIP Area
6,595
Density / Sq Mi
$69,995
Median Household Income
$48,465
Median Earnings
$1,339
Median Rent
$447,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Phoenix, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office property suited to an owner-user or a single- or multi-tenant configuration, with building signage available.
Where is this office building located?
The property is located at 1414 E Indian School Rd Phoenix, AZ.
What is the asking price?
The asking price for this property is $2,365,000.
What are key features of this property?
This property features: 8,966‑square‑foot office building; Suitable for owner‑user occupancy or single- and multi‑tenant use; Building signage available
