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Move-In Ready Office Suite
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15255 N 40th St, Phoenix, AZ 85032

Office condo with four private offices, a large reception area, and an open bullpen space for immediate occupancy.

Space Size1,516 SF
Days on Market477

Property Features for 15255 N 40th St

General Information

Standard status Active
Size 1,516 SF
Property subtype OFFICE
Lease Type NNN

Site & Location

Neighborhood Paradise Valley
Highway Access Yes

Spaces For Lease

at 15255 N 40th St
15255 N 40th St $22/SF/Yr
Floor 1
Size 1,516 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Four private offices - One large reception area - Large, open bullpen space - Move-In ready - Expertly Maintained Office Condo Development in Paradise Valley Submarket Easy Access to Sr-51 & Loop 101 Highly Desirable North Phoenix Demographics
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Listing Agency: SVN | Desert Commercial Advisors
Listed By: Justin Horwitz · License #SA562459000
Source: Moodyscre
Added: Jul 7, 2025 Changed: Oct 13 Last Checked: Oct 24 at 7:55PM

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 SVN | Desert Commercial Advisors

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Investment Insights

Based on property information with market context.

This move-in ready office suite is set up for day-to-day operations, with four private offices, a large reception area, and a large open bullpen space. The space is described as expertly maintained within an office condo development.

The property is located in the Paradise Valley submarket with easy access to SR-51 and Loop 101.

The layout supports a mix of private work areas and collaborative, open space, making it well suited for teams that need both reception-facing space and flexible bullpen work areas.

Key Highlights

  • Office condo configured with four private offices
  • Includes a large reception area for client‑facing use
  • Open bullpen space for additional workstations

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Neil Sapin Physician Lubomir Z. Manov Dental Office Scott J. McWilliams Law Firm Lauren Havard Pediatrician Ms. Samantha Kogler Physician

Suggested Use

Top Pick Parking Lot & Garage Food Market Grocery & Convenience Store Daycare Center Furniture & Home Goods Law Firm

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

451
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Phoenix, AZ

$20.17 /SF/Yr
Avg Asking Price
$1.16–$114 /SF/Yr
Price Range
10,010 SF
Avg Space Size

This space is priced 9% above the average of $20.17 /SF/Yr.

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 - Office condo with four private offices, a large reception area, and an open bullpen space for immediate occupancy.
Where is this office unit located?
The property is located at 15255 N 40th St Phoenix, AZ.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Office condo configured with four private offices; Includes a large reception area for client‑facing use; Open bullpen space for additional workstations
(480) 220-2674 Call to check price and availability
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