C-O Zoned Office
21448 N 75th Ave, Glendale, AZ 85308
For Sale
Contact for pricing
A move-in-ready office suite sits within a C-O-zoned complex along the 75th Avenue and Loop 101 corridor.
Property Size2,700 SF
Price / SF$2.50
Days on Market9
Property Features for 21448 N 75th Ave
General Information
Standard status
Size
Zoning
Additional Details
Condition
Highway Access
Property Use
Building Details
Year Built
Listing Agency:
RE/MAX Fine Properties
Listed By:
James S Kuttner · License AZ SA548848000
(623) 680-2081
Source:
Viewhomesinscottsdaleaz
Added: Nov 1
Changed: Nov 8
Last Checked: Nov 8 at 6:53AM
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 RE/MAX Fine Properties
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Investment Insights
Based on property information with market context.
Suite 11 offers approximately 2,700 square feet in an office complex constructed in 2004. The suite is described as move-in ready, and the property carries C-O zoning for office use.
The complex is on 75th Avenue, approximately 0.75 miles north of Loop 101, with access to the freeway corridor and nearby areas including Arrowhead and Peoria. Professional office and related uses are noted, subject to zoning verification.
The complex is on 75th Avenue, approximately 0.75 miles north of Loop 101, with access to the freeway corridor and nearby areas including Arrowhead and Peoria. Professional office and related uses are noted, subject to zoning verification.
Key Highlights
- Approximately 2,700 SF in Suite 11
- C‑O‑zoned office complex
- Building constructed in 2004
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,432
Suggested Prices Based on Cap Rates
Cap Rate 5%
$828,640
$828.6K
Cap Rate 7%
$591,886
$591.9K
Cap Rate 9%
$460,356
$460.4K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$71.3K $26.40/SF
− Vacancy
−$16.0K −$5.94/SF
EGI
$55.2K $20.46/SF
− OpEx
−$13.8K −$5.12/SF
NOI
$41.4K $15.35/SF
Area
Glendale, AZ
Vacancy
22.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$828,640
Cap Rate 7%
$591,886
Cap Rate 9%
$460,356
Alternative Uses
Best Use
Office B
$591.9K
$517.9K – $690.5K
NOI $41,432 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$848.1K
$742.1K – $989.5K
NOI $59,367 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
533
Businesses Nearby
Explore this area
Business Placement
Demographics for 85308, AZ
66,540
Population
26,540
Households
2.5
Avg Household Size
40
Median Age
38%
College-Educated
95%
High-School Grad
16.9 sq mi
ZIP Area
3,937
Density / Sq Mi
$95,512
Median Household Income
$50,026
Median Earnings
$1,777
Median Rent
$420,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Maricopa County, AZ
Properties on Market for Office Units in Maricopa County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - A move-in-ready office suite sits within a C-O-zoned complex along the 75th Avenue and Loop 101 corridor.
Where is this office unit located?
The property is located at 21448 N 75th Ave Glendale, AZ.
What are key features of this property?
This property features: Approximately 2,700 SF in Suite 11; C‑O‑zoned office complex; Building constructed in 2004
