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For sale
Office Units
AZ
Phoenix
16515 S 40th St

Phoenix Office Space For Sale

16515 S 40th St, Phoenix, AZ

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For Sale

Contact for pricing

Office space featuring reception, offices, conference rooms, and break room.

Type:OFFICE

Property size:

2,516 SF

Lot size:

0.06 Acres

Price / SF:

$256/SF

HighLights

Six private offices provide ample space for staff or specialized work.
Conference rooms offer dedicated spaces for meetings and presentations.
A reception area creates a professional first impression.
Two restrooms provide convenience.
A break room offers a dedicated space for employees to relax.
A bull pen area provides a collaborative workspace.

We can help!

Listing Contact

Langdon Bridges

For Sale

Contact for pricing

Office space featuring reception, offices, conference rooms, and break room.

Type:OFFICE

Property size:

2,516 SF

Lot size:

0.06 Acres

Price / SF:

$256/SF

Added:: Nov 21, 2025
Days on Market:: 206
Last Refresh:: May 20 at 8:21 pm

Property Features for 16515 S 40th St

General Information

Standard status: Active
Size: 2,516 SF
Lot size: 0.06 Acres
Property subtype: OFFICE

We can help!

Listing Contact

Langdon Bridges

Listing agent Langdon Bridges License #SA580717000

Listing office Commercial Properties Inc

Listing date Nov 21, 2025

Source Moodyscre

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 Commercial Properties Inc

HighLights

Six private offices provide ample space for staff or specialized work.
Conference rooms offer dedicated spaces for meetings and presentations.
A reception area creates a professional first impression.
Two restrooms provide convenience.
A break room offers a dedicated space for employees to relax.
A bull pen area provides a collaborative workspace.

Overview

This 2,516 square foot office space is available for sale in Phoenix, Arizona. The layout includes a reception area, six offices, two restrooms, conference rooms, a break room, and a bull pen.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$77.3k	$30.72
− Vacancy	−$19.9k	−$7.90
EGI	$57.4k	$22.82
− OpEx	−$14.4k	−$5.71
NOI	$43.1k	$17.12

2,516 SF · lease $30.72/SF/yr · vacancy 25.70% · expense 25.00%

Alternative Uses

Best Use

Office B

$615.3K

$538.4K – $717.9K (±1% cap)

NOI $43,071 @ 7.0% cap · market cap 6.68%

Second Best

—

no second resolved use

Theoretical Best

Office A

$762.1K

$666.9K – $889.1K (±1% cap)

NOI $53,348 @ 7.0% cap · market cap 8.27%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Spine Institute of Arizona Physician Desert Shores Dentistry Dental Office Webster Shari R ... Alternative Medicine Practice Mark S. Williams Law Firm Cales Gloria L Law Firm

Suggested Use

Location Insight

Map
Local Demand

City: Phoenix
County: Maricopa
State: Arizona
Longitude: -111.996
Latitude: 33.2974

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For sale
Office Units
AZ
Phoenix
16515 S 40th St

What type of property is this?

Office units - Office space featuring reception, offices, conference rooms, and break room.

Where is this office units located?

The property is located at 16515 S 40th St Phoenix, AZ.

What is the asking price?

The asking price for this property is $645,000.

What are key features of this property?

This property features: Six private offices provide ample space for staff or specialized work.; Conference rooms offer dedicated spaces for meetings and presentations.; A reception area creates a professional first impression.

16515 S 40th St, Phoenix, AZ

Office space featuring reception, offices, conference rooms, and break room.

Property Features for 16515 S 40th St

General Information

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Licensed Behavioral Health Center

Assisted Living Licensed Home

Phoenix Assisted Living Investment Property

Office/Flex Mixed-Use Property

Turnkey Phoenix Short-Term Rental

Side-by-Side Duplex Investment

2025-Built Duplex Investment

Side-by-Side 2025 Duplexes

5-Unit Multifamily with Recent Renovations

Phoenix Duplex with Rental Potential

Fourplex Residential Income Property

Phoenix Multifamily Investment Opportunity

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