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Upgraded Multi-Suite Office Building
For Lease
$5,380/Mo

2150 E Highland Ave Unit 204, Phoenix, AZ 85016

Office property with monument signage, covered parking availability, and on-site management.

Space SizeContact for details
Days on Market22

Property Features for 2150 E Highland Ave Unit 204

General Information

Standard status Active

Building Details

Year Built 1980
Listing Agency: Cutler Commercial
Listed By: Jim M Lieberthal · License #BR516852000
Source: Mendozateam
Added: Aug 8 Changed: Aug 29 Last Checked: Aug 25 at 5:09AM

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 Cutler Commercial

Investment Insights

Based on property information with market context.

This office property contains approximately 3,398 square feet within an upgraded, multi-suite configuration. The building dates to 1980 and includes monument signage along Highland Ave., covered parking availability, and an on-site management office.

The property provides access to SR-51, Loop 202, and I-10. Shops, restaurants, and other amenities are within walking distance, while Biltmore Fashion Park and The Esplanade Center are located just blocks away.

Key Highlights

  • Approximately 3,398 SF of office space
  • Upgraded multi‑suite office configuration
  • Monument signage along Highland Ave.

Property Analytics

Current Use

Nancy Seago - CMG ... Loan Service US Utility Program Consultant Lippard III Walter ... Physician Kim Burgess - CMG ... Loan Service Yvonne Lynch - Academy ... Loan Service

Suggested Use

Top Pick Food Market HVAC Service Electrical Service Garden Center Auto Parts Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,886
Businesses Nearby

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

Market

Lease Benchmarks for Phoenix, AZ

$18.36 /SF/Yr
Avg Asking Price
$1.16–$47 /SF/Yr
Price Range
9,305 SF
Avg Space Size

This space is priced 4% above the average of $18.36 /SF/Yr.

Vacancy Rate% for Office in Phoenix, AZ

14.4% 2019
19.3% 2020
21.7% 2021
24.3% 2022
27.4% 2023
28.5% 2024
26.5% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office property with monument signage, covered parking availability, and on-site management.
Where is this office units located?
The property is located at 2150 E Highland Ave Unit 204 Phoenix, AZ.
What is the lease rate?
The lease rate is $5,380/Mo.
What are key features of this property?
This property features: Approximately 3,398 SF of office space; Upgraded multi‑suite office configuration; Monument signage along Highland Ave.
More about this property
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