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16515 S 40th St, Phoenix, AZ 85048

Efficient office layout with exterior entry, private restrooms, monument signage, and pull-up parking.

Space Size2,488 SF
Days on Market88

Property Features for 16515 S 40th St

General Information

Standard status Active
Size 2,488 SF
Property subtype OFFICE
Lease Type NNN

Additional Details

Available From 2026-06-01
Highway Access Yes

Amenities

building and monument signage
pull up parking
exterior entry
private interior restrooms

Spaces For Lease

at 16515 S 40th St Contact us

16515 S 40th St $21/SF/Yr

Floor
1
Size
2,488 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
• Owner User Opportunity • Easy Access to Loop 202 (San Tan Freeway) • Great...
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Listing Agency: Colliers | Phoenix
Listed By: Bob Broyles · License #SA548475000
Source: Moodyscre
Added: May 15 Changed: Aug 8 Last Checked: Aug 9 at 10:58AM

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 Colliers | Phoenix

Investment Insights

Based on property information with market context.

Office units totaling 2,488 square feet are available at 16515 S 40th St in Phoenix. The property features an efficient floor plan, exterior entry, and private interior restrooms. Building and monument signage are available, with pull-up parking provided.

The property is located near Loop 202, also known as the San Tan Freeway. Availability is scheduled for 6/1/2026.

Key Highlights

  • 2,488‑square‑foot office units at 16515 S 40th St, Phoenix, AZ 85048
  • Building and monument signage available
  • Exterior entry and private interior restrooms

Property Analytics

Current Use

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

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Parking Lot & Garage Furniture & Home Goods Auto Parts Store Locksmith

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,021
Businesses Nearby

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

$17.92 /SF/Yr
Avg Asking Price
$0.58–$45 /SF/Yr
Price Range
9,809 SF
Avg Space Size

This space is priced 17% above the average of $17.92 /SF/Yr.

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Efficient office layout with exterior entry, private restrooms, monument signage, and pull-up parking.
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 $21 SF/Yr.
What are key features of this property?
This property features: 2,488‑square‑foot office units at 16515 S 40th St, Phoenix, AZ 85048; Building and monument signage available; Exterior entry and private interior restrooms
(602) 615-6810 Call to check price and availability
More about this property
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