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Single-Story Office Space Available
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16620 N 40th St, Phoenix, AZ

Single-story office space with private entrance and ample parking.

Space Size2,687 SF
Lot Size0.68 Acres
Days on Market849

Property Features for 16620 N 40th St

General Information

Standard status Active
Size 2,687 SF
Lot size 0.68 Acres
Property subtype OFFICE
Lease Type Modified Gross

Site & Location

Neighborhood Paradise Valley

Spaces For Lease

at 16620 N 40th St
16620 N 40th St - Bldg H $31/SF/Yr
Floor 1
Size 2,687 SF
Type OFFICE
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease No
- Single-Story free standing, Private Entrance, Direct Access Parking - Lease Rate: $32 PSF Modified Gross (elec/jan) - Suite D4: 2,461 SF - Suite H1: 2,687 SF - Ample Covered and Surface Parking Available - Building and Monument Signage Available
Contact us
Listing Agency: Menlo Group Commercial Real Estate
Listed By: Stuart Milne · License #AZ SA634760000
Source: Moodyscre
Added: Jul 4, 2024 Changed: Oct 25 Last Checked: Oct 28 at 6:01AM

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 Menlo Group Commercial Real Estate

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This single-story office space features a private entrance and direct access. Suite H1 offers 2,687 square feet of space. Ample covered and surface parking is available. Building and monument signage opportunities are also available.

Key Highlights

  • Single‑story with private entrance and direct access
  • 2,687 SF Suite H1
  • Ample covered and surface parking

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Steven S. Sabatino ... Dental Office Cesar Villarreal, MD Physician Jun Zhong, MD Physician Michael Lavarnway, DO Physician Priti Patel, MD Physician

Suggested Use

Top Pick Hair Salon Parking Lot & Garage Nail Salon Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

NNN (Triple Net)
Lease Type
$4.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,259
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Phoenix, AZ

$20.1 /SF/Yr
Avg Asking Price
$1.16–$114 /SF/Yr
Price Range
10,754 SF
Avg Space Size

This space is priced 54% above the average of $20.1 /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

Frequently Asked Questions

What type of property is this?
Office unit - Single-story office space with private entrance and ample parking.
Where is this office unit located?
The property is located at 16620 N 40th St Phoenix, AZ.
What is the lease rate?
The lease rate is $31 SF/Yr.
What are key features of this property?
This property features: Single‑story with private entrance and direct access; 2,687 SF Suite H1; Ample covered and surface parking
(480) 236-9511 Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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