16421 N Tatum Blvd, Phoenix, AZ 85032
Two-building office and medical property with long-term tenants.
- Added:
- Jan 13, 2026
- Days on Market:
- 175
- Last Refresh:
- Jul 5 at 9:46 am
Property Features for 16421 N Tatum Blvd
General Information
- Standard status
- Active
- Size
- 23,089 SF
- Lot size
- 1.85 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1999
Listing office Ross Brown Partners, Inc (480) 362-9507
Listing date Jan 13, 2026
Source Crexi
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 Ross Brown Partners, Inc
HighLights
- Long term tenants in place
- Great Tatum Blvd. frontage
- Features 16 suites
- Two buildings totaling +/- 23,089 SF
- Suitable for office or medical use
- Sits on 1.85 AC
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $709.3k | $30.72 |
| − Vacancy | −$182.3k | −$7.90 |
| EGI | $527.0k | $22.82 |
| − OpEx | −$131.8k | −$5.71 |
| NOI | $395.3k | $17.12 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.9772099
- Latitude
- 33.6359821
