Phoenix Office Building For
2205-2225 W Whispering Wind Dr Phoenix, AZ
For Sale
Contact for pricing
Well-maintained office building in Phoenix with stable cash flow.
Property Size74,520 SF
Lot Size4.73 Acres
Price / SF$229.47
Days on Market1842
Property Features for 2205-2225 W Whispering Wind Dr
General Information
- Standard status
- Active
- Size
- 74,520 SF
- Lot size
- 4.73 Acres
- Property subtype
- OFFICE
Listing Agency:
Colliers | Phoenix
(602) 531-5538
Listed By:
Mindy Korth · License #BR004901000
(602) 531-5538
Source:
Moodyscre
Added: Jul 9, 2021
Changed: Jul 10
Last Checked: Jul 21 at 5:25AM
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 Colliers | Phoenix
Investment Insights
Based on property information with market context.
This well-maintained office building offers a secure investment with stable cash flow and potential upside. The property features functional building floor plates and a practical site plan. Located in an amenity-rich, growing area, it provides convenient connectivity and easy access to I-7 via Happy Valley Rd. Situated just north of Deer Valley Municipal Airport within the amenity-rich Deer Valley submarket, the property is adjacent to more than 1.1 million square feet of retail, restaurant, hotel, and shopping amenities. The building accommodates seven institutional-quality tenants and is offered at below replacement cost pricing. The property contains 74,520 square feet.
Key Highlights
- Secure investment with stable cash flow and upside potential.
- Below replacement cost pricing.
- Seven institutional‑quality tenants.
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 | $2.29M | $30.72 |
| − Vacancy | −$588.3k | −$7.90 |
| EGI | $1.70M | $22.82 |
| − OpEx | −$425.2k | −$5.71 |
| NOI | $1.28M | $17.12 |
74,520 SF · lease $30.72/SF/yr · vacancy 25.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$18.22M
$15.95M – $21.26M
NOI $1,275,687 @ 7.0% cap · market cap 7.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$22.57M
$19.75M – $26.33M
NOI $1,580,092 @ 7.0% cap · market cap 9.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - Well-maintained office building in Phoenix with stable cash flow.
Where is this office building located?
The property is located at 2205-2225 W Whispering Wind Dr Phoenix, AZ.
What is the asking price?
The asking price for this property is $17,100,000.
What are key features of this property?
This property features: Secure investment with stable cash flow and upside potential.; Below replacement cost pricing.; Seven institutional‑quality tenants.
