Freestanding Office with Secured
17150 N 134th Drive Surprise, AZ 85378
17150 N 134th Drive, Surprise, AZ, 85378
$1,945,000
For Sale
$1,945,000
Freestanding office building features private offices, multiple restrooms, and a large fenced, gated secured yard with paved parking.
Property Size5,069 SF
Lot Size1.09 Acres
Price / SF$383.70
Days on Market29
Property Features for 17150 N 134th Drive
General Information
- Standard status
- Active
- Size
- 5,069 SF
- Lot size
- 1.09 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1999
Listing agency
SVN | Desert Commercial Advisors
(623) 556-6420
Listed by
Jonathan Levy · License #AZ #SA648012000
(623) 556-6420
Source
Svndesertcommercial
Added: Jun 23 Updated: Jul 21 at 2:15AM Checked: Jul 21 at 6:48AM
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 SVN | Desert Commercial Advisors
Investment Insights
Based on property information with market context.
This freestanding office property includes approximately 5,069 square feet of building space and a fenced, secured yard totaling about 23,000 square feet, with paved parking. The building is served by an 18.5-foot wide gated and secured entry and offers ample parking in both the front and rear.
Inside, the layout includes multiple private offices, two break rooms, four restrooms, and a large meeting/training room, along with additional open office space. The building is described as sprinklered.
The offering also highlights versatile C-3 zoning and proximity to US-60 Grand Ave and Bell Rd, with close access to Surprise Towne Center Shopping and the City of Surprise Campus.
Inside, the layout includes multiple private offices, two break rooms, four restrooms, and a large meeting/training room, along with additional open office space. The building is described as sprinklered.
The offering also highlights versatile C-3 zoning and proximity to US-60 Grand Ave and Bell Rd, with close access to Surprise Towne Center Shopping and the City of Surprise Campus.
Key Highlights
- Freestanding 5,069 SF building on 1.09 acres with a fenced, gated and secured yard.
- Approx. 23,000 SF secured yard space includes paved parking.
- 18.5' wide gated and secured entry plus ample parking in the front and rear.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $133.8k | $26.40 |
| − Vacancy | −$36.4k | −$7.18 |
| EGI | $97.4k | $19.22 |
| − OpEx | −$24.4k | −$4.80 |
| NOI | $73.1k | $14.41 |
5,069 SF · lease $26.40/SF/yr · vacancy 27.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.04M
$913.3K – $1.22M
NOI $73,067 @ 7.0% cap · market cap 3.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M
NOI $109,425 @ 7.0% cap · market cap 5.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Freestanding office building features private offices, multiple restrooms, and a large fenced, gated secured yard with paved parking.
Where is this office building located?
The property is located at 17150 N 134th Drive Surprise, AZ.
What is the asking price?
The asking price for this property is $1,945,000.
What are key features of this property?
This property features: Freestanding 5,069 SF building on 1.09 acres with a fenced, gated and secured yard.; Approx. 23,000 SF secured yard space includes paved parking.; 18.5' wide gated and secured entry plus ample parking in the front and rear.
