Office Suite with Conference
For Lease
Contact for pricing
16515 S 40th St, Phoenix, AZ 85048
Office suite includes a reception area, six offices, and multiple conference and break spaces.
Property Size2,516 SF
Days on Market251
Property Features for 16515 S 40th St
General Information
Standard status
Active
Size
2,516 SF
Property subtype
OFFICE
Lease Type
SF/yr
Listing Agency:
Commercial Properties Inc
(480) 233-9689
Listed By:
Langdon Bridges · License #SA580717000
(480) 233-9689
Source:
Moodyscre
Added: Nov 21, 2025
Changed: Jul 28
Last Checked: Jul 29 at 2:48PM
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
Investment Insights
Based on property information with market context.
This office suite is laid out for day-to-day workspace use, featuring a reception area, six private offices, and designated meeting space with conference rooms. The interior also includes two restrooms, a break room, and a bull pen for additional workstations.
The property is available for rent. The provided information does not specify additional building amenities or parking details.
Suitable for organizations seeking a managed office configuration with both private offices and collaborative areas.
The property is available for rent. The provided information does not specify additional building amenities or parking details.
Suitable for organizations seeking a managed office configuration with both private offices and collaborative areas.
Key Highlights
- Office suite includes a reception area
- 6 offices for individual workspaces
- Multiple conference rooms for meetings and collaboration
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.78 /SF/Yr
CAM
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
Market
Lease Benchmarks for Phoenix, AZ
$18.84 /SF/Yr
Avg Asking Price
$0.58–$59.85 /SF/Yr
Price Range
11,631 SF
Avg Space Size
This space is priced 2% below the average of $18.84 /SF/Yr.
Vacancy Rate% for Office in Phoenix, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office suite includes a reception area, six offices, and multiple conference and break spaces.
Where is this office units located?
The property is located at 16515 S 40th St Phoenix, AZ.
What is the lease rate?
The lease rate is $18.50 SF/Yr.
What are key features of this property?
This property features: Office suite includes a reception area; 6 offices for individual workspaces; Multiple conference rooms for meetings and collaboration
