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Street-Front Office Space
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1605 N 7th Ave, Phoenix, AZ 85003

Office space on a street-front with visibility at a high-traffic intersection and abundant on-site and leased employee parking.

Property Size2,901 SF
Days on Market975

Property Features for 1605 N 7th Ave

General Information

Standard status Active
Size 2,901 SF
Property subtype OFFICE
Listing Agency: Velocity Retail Group
Listed By: Brian Gast · License #SA538491000
Source: Moodyscre
Added: Nov 29, 2023 Changed: Jul 26 Last Checked: Jul 30 at 11:47AM

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 Velocity Retail Group

Investment Insights

Based on property information with market context.

This office space offers a street-front presence at a high-traffic intersection, supported by distinctive architecture. Parking is a standout feature, with abundant availability including nearby employee parking that is leased by the landlord.

Located at 1605 N 7th Ave in Phoenix, AZ, the property benefits from strong daytime population and income levels associated with the nearby Willo and Encanto districts. The area also includes more than 100,000 residents within a three-mile radius, supporting consistent activity in the immediate trade area.

Key Highlights

  • Street‑front office space with visibility to a high‑traffic intersection
  • More than 100,000 residents within a three‑mile radius
  • Abundant parking available, including nearby employee parking leased by the landlord

Property Analytics

Current Use

Bodystreet - Personal Training Gym & Fitness Center Underbelly Meat Co. Take-out & Catering

Suggested Use

Top Pick Garden Center Auto Parts Store (Bike/Boat/Book/etc) Store Pet Grooming Service Carpet & Flooring Store Daycare Center

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,007
Businesses Nearby

Demographics for 85003, AZ

11,042
Population
6,117
Households
1.8
Avg Household Size
37
Median Age
45%
College-Educated
87%
High-School Grad
1.9 sq mi
ZIP Area
5,812
Density / Sq Mi
$56,672
Median Household Income
$55,122
Median Earnings
$1,258
Median Rent
$577,700
Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$25.81 /SF/Yr
Avg Asking Price
$11.95–$47 /SF/Yr
Price Range
54,830 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office building - Office space on a street-front with visibility at a high-traffic intersection and abundant on-site and leased employee parking.
Where is this office building located?
The property is located at 1605 N 7th Ave Phoenix, AZ.
What are key features of this property?
This property features: Street‑front office space with visibility to a high‑traffic intersection; More than 100,000 residents within a three‑mile radius; Abundant parking available, including nearby employee parking leased by the landlord
(602) 682-8155 Call to check price and availability
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