Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    18434 N 99th Ave Sun City, AZ 85373

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

    In-line office space with private offices and parking.

    Type:Retail
    Added:
    Aug 17, 2022
    Days on Market:
    1354
    Last Refresh:
    Mar 17 at 1:18 pm

    Property Features for 18434 N 99th Ave

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Building Details

    Year Built
    1987

    Spaces For Lease

    at 18434 N 99th Ave Contact us

    Suite 5 $18 /Mo

    Size
    971 SF
    Type
    Retail
    -Inline space; fronting 99th Ave.n-Existing office space featuring large reception...
    show more
    Contact us

    We can help!

    Listing Contact
    Sandra Griggs

    Listing agent Sandra Griggs License #AZ BR671840000

    Listing office Realty ONE Group

    Listing date Aug 17, 2022

    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 Realty ONE Group

    Overview

    Office Space on 99th Avenue

    This in-line office space fronts 99th Avenue. The suite is built out as office space and features a large reception area, six private offices, a rear storage area, and one private restroom. One free covered, reserved parking space is included, with ample on-site parking available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Av'caros Styling Salon Hair Salon REVI Therapy & Wellness Gym & Fitness Center Intuitive Development High School The Dirty Blonde Salon ... Hair Salon HomeSmart Sun City ... Real Estate Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sun City
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.2792497
    Latitude
    33.6522052

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      AZ, Sun City - West Palmeras Dr

      10451 Palmeras Dr, Sun City, AZ 10451
      View Details
    • $625/Mo

      Sun City Office Suites For Rent

      Small office suites with flexible terms and reserved parking.
      12630 N 103rd Avenue, Sun City, AZ 85351
      View Details
    • $13 SF/Yr

      Sun City Office Space Available

      Office space for lease in Sun City near Loop 101.
      10147 W Grand Ave, Sun City, AZ 85351
      View Details
    • $625/Mo

      Sun City Office Suites For Rent

      Office suites available near Loop 101 and US 60.
      12630 N 103rd Avenue, Sun City, AZ 85351
      View Details
    • $1,022/Mo

      Sun City Office Space Available

      Office space for rent near Banner Boswell Medical Center.
      10820 W Oakmont Dr, Sun City, AZ 85351
      View Details
    • $15 SF/Yr

      Retail/Office Space Near West Gate

      Spacious retail or office space with high visibility and ample parking.
      10702 W Peoria Ave, Sun City, AZ
      View Details
    • Contact for pricing

      Arrowhead Church Facilities For Lease

      Pristine church facilities with ample parking in Arrowhead submarket.
      16000 North Del Webb Boulevard, Sun City, AZ 85351
      View Details
    • $29 SF/Yr

      Sun City Medical/Office Campus

      Modern medical and professional office space in Sun City/Peoria.
      10451 West Palmeras Drive & 17220 W Boswell Blvd, Sun City, AZ, 85373
      View Details
    • Contact for pricing

      Sun City Commercial Space Available

      Prime commercial space in Sun City, ideal for various businesses.
      10702 W Peoria Ave, Sun City, AZ 85351
      View Details
    • Contact for pricing

      Medical Office Building For Sale

      15,216 SF medical office building, 100% occupied, Sun City, AZ.
      13650 N 99th Ave, Sun City, AZ
      View Details
    • Contact for pricing

      Retail Pads Near 303 Freeway

      Retail pads available near the 303 Freeway.
      15433 W Cactus Rd, Sun City, AZ 85379
      View Details
    • Contact for pricing

      Sun City Commercial Space Available

      Commercial space for rent in Sun City, Arizona.
      10211 W Thunderbird Blvd & 13203 N 103rd Ave, Sun City, AZ 85351
      View Details

    FAQs

    What type of property is this?
    Office units - In-line office space with private offices and parking.
    Where is this office units located?
    The property is located at 18434 N 99th Ave Sun City, AZ.
    What are key features of this property?
    This property features: In‑line space fronting 99th Ave.; Built out as office space.; Featuring 6 private offices.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Sandra Griggs
    Real Estate License ID: AZ BR671840000
    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

    18434 N 99th Ave, Sun City, AZ 85373

    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!