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16841 N 31st Ave Bldg 4 Ste 131 Phoenix, AZ 85053

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For Sale
$342,601

Leased office condo in high-demand Deer Valley/Airport submarket.

Type:Office
Property size:
1,381 SF
Added:
Oct 31, 2025
Days on Market:
154
Last Refresh:
Mar 17 at 1:16 pm

Property Features for 16841 N 31st Ave Bldg 4 Ste 131

General Information

Standard status
Active
Size
1,381 SF
Property subtype
Office

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Listing Contact
Matt Zaccardi
Matt Zaccardi

Listing agent Matt Zaccardi License #AZ SA584155000

Listing office Commercial Properties Inc.

Listing date Oct 31, 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 Commercial Properties Inc.


Overview

Single-Tenant Office Condo Investment

This is a 1,381 square foot single-tenant office condo located in the Bell Canyon Offices park. The property is 100% leased to Caring Presence Home Care, an Arizona-based healthcare provider with a 37-year operating history. The tenant is on a 60-month, Modified Gross lease. The property offers a 6.00% capitalization rate based on the 2026 Net Operating Income of $20,556.10. The property features a functional layout that was remodeled in 2021. It is situated in the Deer Valley/Airport submarket, with access to the I-17 and Loop 101 freeways, placing it at the center of an employment hub. Major corporations like Honeywell, Cigna, and USAA are located nearby, as well as the Phoenix Deer Valley Airport. The area is also near the $165B TSMC semiconductor campus. The submarket has strong 2.8% 12-month rent growth and zero new office construction.
Location Intelligence

Current Use by Public Records

Nicholas Werth Physician Pinnacle Ear Nose ... Medical Clinic

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Phoenix
County
Maricopa
State
Arizona
Longitude
-112.0150723
Latitude
33.6394792

FAQs

What type of property is this?
Office units - Leased office condo in high-demand Deer Valley/Airport submarket.
Where is this office units located?
The property is located at 16841 N 31st Ave Bldg 4 Ste 131 Phoenix, AZ.
What is the asking price?
The asking price for this property is $342,601.
What are key features of this property?
This property features: 100% leased to Caring Presence Home Care, a premier Arizona‑based healthcare provider with a 37‑year operating history; Located in the high‑demand Deer Valley/Airport submarket with immediate access to I‑17 and Loop 101 freeways; Offers a secure 6.00% capitalization rate based on the 2026 Net Operating Income of $20,556.10
More about this property
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