Foothills Professional Village Office
16515 S 40th St, Phoenix, AZ 85048
For Lease
$2,488/Mo NNN
Office condo for lease in Phoenix, ±2,488 SF.
Space SizeContact for details
Days on Market172
Property Features for 16515 S 40th St
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Listing Agency:
Phoenix
Listed By:
Bob Broyles · License #BR005344000
(602) 222-5033
Source:
Colliers
Added: May 22
Changed: Aug 8
Last Checked: Oct 9 at 6:55PM
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 Phoenix
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Investment Insights
Based on property information with market context.
An office condo is available for lease at Foothills Professional Village, located at 16515 South 40th Street in Phoenix. Building 9, Unit 121, offers approximately 2,488 rentable square feet. The lease rate is $21.00 per rentable square foot per year, NNN. This property also presents an owner-user opportunity.
Key Highlights
- ±2,488 rentable square feet of office space available.
- Lease rate of $21.00 per rentable square foot per year, NNN.
- Located in Foothills Professional Village.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,021
Businesses Nearby
Explore this area
Business Placement
Demographics for 85048, AZ
34,524
Population
14,369
Households
2.4
Avg Household Size
42
Median Age
62%
College-Educated
98%
High-School Grad
10.1 sq mi
ZIP Area
3,418
Density / Sq Mi
$123,198
Median Household Income
$70,210
Median Earnings
$1,995
Median Rent
$538,500
Median Home Value
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Market
Lease Benchmarks for Phoenix, AZ
$19.8 /SF/Yr
Avg Asking Price
$1.16–$114 /SF/Yr
Price Range
10,023 SF
Avg Space Size
This space is priced 39% below the average of $19.8 /SF/Yr.
Average Price Trend$/SF/Yr for Office Units in Phoenix, AZ
Properties on Market for Office Units in Phoenix
Vacancy Rate% for Office in Phoenix, AZ
Frequently Asked Questions
What type of property is this?
Office unit - Office condo for lease in Phoenix, ±2,488 SF.
Where is this office unit located?
The property is located at 16515 S 40th St Phoenix, AZ.
What is the lease rate?
The lease rate is $2,488/Mo.
What are key features of this property?
This property features: ±2,488 rentable square feet of office space available.; Lease rate of $21.00 per rentable square foot per year, NNN.; Located in Foothills Professional Village.
