Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Fountain Hills Commercial Property Title is generated by Realmo AI

    16622 E Ave of the Fountains, Fountain Hills, AZ 85268

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Premium commercial property on the Avenue of the Fountains.

    Type:Office
    Added:
    May 13, 2025
    Days on Market:
    365
    Last Refresh:
    Mar 17 at 1:24 pm

    Property Features for 16622 E Ave of the Fountains

    General Information

    Standard status
    Active
    Property subtype
    Office

    Building Details

    Year Built
    2001

    Spaces For Lease

    at 16622 E Ave of the Fountains Contact us

    Suite 202 $25 /Mo

    Size
    1,666 SF
    Type
    Office
    Contact us

    Suite 102 $25 /Mo

    Size
    827 SF
    Type
    Office
    Contact us

    Suite 103 $25 /Mo

    Size
    839 SF
    Type
    Office
    Contact us

    We can help!

    Listing Contact
    Andrew Sampson

    Listing agent Andrew Sampson License #SA679525000

    Listing office Cushman & Wakefield - Phoenix, Arizona

    Listing date May 13, 2025

    Source Crexi

    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 Cushman & Wakefield - Phoenix, Arizona

    HighLights

    • Premium commercial property on the iconic Avenue of the Fountains.
    • Exceptional visibility due to strategic location.
    • High foot traffic area.
    • Prestigious address adding credibility.
    • Rare opportunity to own or lease.
    • Built in 2001.

    Overview

    This commercial property is located on the Avenue of the Fountains in Fountain Hills, Arizona. The property offers high visibility and foot traffic. This property is suitable for commercial real estate and office spaces.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fountain Hills
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.720573
    Latitude
    33.605357

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      AZ, Fountain Hills - 16930 E Palisades Blvd

      16930 Palisades Blvd, Fountain Hills, AZ 85268
      View Details
    • $14 SF/Yr

      Fountain Hills Professional Office Space

      Single-story office building suitable for medical or general use.
      13620 North Saguaro Boulevard, Fountain Hills, AZ, 85268
      View Details
    • $24 SF/Yr

      Fountain Hills Retail/Office Space

      Retail, restaurant, and office suites available for lease.
      16845 E Avenue of the Fountains, Fountain Hills, AZ 85268
      View Details
    • $24 SF/Yr

      Fountain Hills Retail/Office Suites

      Retail, restaurant, and office suites for lease in Fountain Hills.
      16845 E Avenue of the Fountains, Fountain Hills, AZ 85268
      View Details
    • $1.35 SF/Yr

      AC Cooled Warehouse For Lease

      Industrial space for lease featuring AC, recent upgrades, and flexible layouts.
      16548 E Laser Dr, Fountain Hills, AZ 85268
      View Details
    • Contact for pricing

      Fountain Hills Freestanding Retail Building

      High-visibility retail building in desirable Fountain Hills location.
      17053 E Shea Blvd, Fountain Hills, AZ 85268
      View Details
    • $1.45 SF/Yr

      Industrial Suite For Lease

      Industrial suite available for lease at Shea & Technology Dr.
      16610 E Laser Dr, Fountain Hills, AZ 85268
      View Details
    • Contact for pricing

      Retail Space on Saguaro Boulevard

      Retail space available in 100% occupied shopping center.
      12645 N Saguaro Blvd, Fountain Hills, AZ 85268
      View Details
    • $1,004/Mo

      Retail Space in Fountain Hills

      Retail space available for lease in Fountain Hills, Arizona.
      13215 N VERDE RIVER Drive 4A, Fountain Hills, AZ 85268
      View Details
    • Contact for pricing

      Storage Suite Available For Rent

      440 Sq. Ft. storage suite available March 1, 2026.
      17252 E Falcon Drive, Fountain Hills, AZ 85268
      View Details
    • $22 SF/Yr

      Fountain Hills Plaza Office Space

      Office space for rent in Fountain Hills Plaza Retail Center.
      13404 N La Montana Dr, Fountain Hills, AZ
      View Details
    • $1,113/Mo

      Retail Space in Fountain Hills

      Retail space available for lease in Fountain Hills, Arizona.
      13215 N VERDE RIVER Drive 2, Fountain Hills, AZ 85268
      View Details

    FAQs

    What type of property is this?
    Office units - Premium commercial property on the Avenue of the Fountains.
    Where is this office units located?
    The property is located at 16622 E Ave of the Fountains Fountain Hills, AZ.
    What are key features of this property?
    This property features: Premium commercial property on the iconic Avenue of the Fountains.; Exceptional visibility due to strategic location.; High foot traffic area.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Andrew Sampson
    Real Estate License ID: SA679525000
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    16622 E Ave of the Fountains, Fountain Hills, AZ 85268
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!