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Office Units with Signage

16515 S 40th St, Phoenix, AZ 85048

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

Space Size2,488 SF
Days on Market179

Property Features for 16515 S 40th St

General Information

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

Site & Location

Neighborhood Ahwatukee Foothills
Highway Access Yes

Additional Details

Available From 2026-06-01

Amenities

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

Spaces For Lease

at 16515 S 40th St
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 Ahwatukee Location • Building and Monument Signage Available • Available 6/1/2026 • Easy Pull up Parking • Exterior Entry • Efficient Floor Plan • Private Interior Restrooms
Contact us
Listing Agency: Colliers | Phoenix
Listed By: Bob Broyles · License AZ BR005344000
Source: Moodyscre
Added: May 15 Changed: Nov 7 Last Checked: Nov 8 at 7:35AM

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

Rey
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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

Who owns this building? See the owner, sales and loan history
Open 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 6% above the average of $19.8 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Phoenix, AZ

$19.17 Jul
$17.63 Aug
$18.31 Sep
$18.26 Oct

Properties on Market for Office Units in Phoenix

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Efficient office layout with exterior entry, private restrooms, monument signage, and pull-up parking.
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 $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
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