Build-to-Suit Office
For Sale
Contact for pricing
1713 E COLTER Street 3, Phoenix, AZ 85016
Compact office suite with build-to-suit flexibility near the 51 freeway.
Property Size2,714 SF
Price / SF$0.74
Days on Market63
Property Features for 1713 E COLTER Street 3
General Information
Standard status
Active
Size
2,714 SF
Property subtype
Comm/industry Lease
Site & Location
Neighborhood
Villa Novena
Highway Access
Yes
Road Access
Yes
Listing Agency:
Realty ONE Group
(480) 321-8100
Listed By:
Megan Kouri
(480) 720-5574
Source:
Nicolesecrest
Added: Aug 28
Changed: Oct 25
Last Checked: Oct 28 at 8:08AM
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 Realty ONE Group
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 290-square-foot office suite is at 1713 E Colter St Unit 3 in Phoenix. The space can be configured to suit the occupant’s needs, with tenant improvement support available. Cox Internet and alarm service are available for tenant installation.
The property sits on Colter Street near the southbound 51 freeway. Additional space may be created by combining this suite with a 350-square-foot office at 1711 Colter St and two 290-square-foot suites at 1713 Colter St. A conference room in Suite 1 is also available separately on an hourly or monthly basis.
The property sits on Colter Street near the southbound 51 freeway. Additional space may be created by combining this suite with a 350-square-foot office at 1711 Colter St and two 290-square-foot suites at 1713 Colter St. A conference room in Suite 1 is also available separately on an hourly or monthly basis.
Key Highlights
- 290‑square‑foot office suite at 1713 E Colter St Unit 3
- Build‑to‑suit configuration with tenant improvement support available
- Near the southbound 51 freeway on Colter Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,460
Suggested Prices Based on Cap Rates
Cap Rate 5%
$929,200
$929.2K
Cap Rate 7%
$663,714
$663.7K
Cap Rate 9%
$516,222
$516.2K
Market Conditions
NOI Build-Up for 2,714 SF
Gross rent
$83.4K $30.72/SF
− Vacancy
−$21.4K −$7.90/SF
EGI
$61.9K $22.82/SF
− OpEx
−$15.5K −$5.71/SF
NOI
$46.5K $17.12/SF
Area
Phoenix, AZ
Vacancy
25.70%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$929,200
Cap Rate 7%
$663,714
Cap Rate 9%
$516,222
Alternative Uses
Best Use
Office B
$663.7K
$580.8K – $774.3K
NOI $46,460 @ 7.0% cap · market cap 2,323.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$822.1K
$719.3K – $959.1K
NOI $57,547 @ 7.0% cap · market cap 2,877.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,234
Businesses Nearby
Explore this area
Business Placement
Demographics for 85016, AZ
37,326
Population
21,363
Households
1.7
Avg Household Size
38
Median Age
50%
College-Educated
94%
High-School Grad
8.2 sq mi
ZIP Area
4,552
Density / Sq Mi
$85,085
Median Household Income
$53,781
Median Earnings
$1,575
Median Rent
$508,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Phoenix, AZ
Frequently Asked Questions
What type of property is this?
Office unit - Compact office suite with build-to-suit flexibility near the 51 freeway.
Where is this office unit located?
The property is located at 1713 E COLTER Street 3 Phoenix, AZ.
What are key features of this property?
This property features: 290‑square‑foot office suite at 1713 E Colter St Unit 3; Build‑to‑suit configuration with tenant improvement support available; Near the southbound 51 freeway on Colter Street
