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 Market81
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
Site & Location
Neighborhood
Encanto
Highway Access
Yes
Building Details
Year Built
1980
Listing Agency:
Colliers - Phoenix, Arizona
Listed By:
Anthony Timpani · License #sa705358000
(602) 222-5141
Source:
Crexi
Added: Aug 12
Changed: Oct 31
Last Checked: Oct 30 at 11:40AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
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
View Realmo Analytics
Market
Vacancy Rate% for Office in Phoenix, AZ
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
