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2346 E Montecito Ave, Phoenix, AZ 85016

Four freestanding office buildings offered for sale on a single property.

Property Size5,423 SF
Days on Market175

Property Features for 2346 E Montecito Ave

General Information

Standard status Active
Size 5,423 SF
Property subtype Land, Mixed Use, Office
Zoning R-6
Investment Type Redevelopment

Building Details

Year Built 1952
Buildings 4
Stories 1
Listing Agency: Cushman & Wakefield - Phoenix, Arizona
Listed By: Michael Kitlica · License #AZ SA520745000
Source: Crexi
Added: Mar 23 Changed: Sep 12 Last Checked: Sep 13 at 6:11AM

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 Cushman & Wakefield - Phoenix, Arizona

Investment Insights

Based on property information with market context.

The property consists of four freestanding buildings configured as office space, presented together as a single offering. Each building is part of the overall office portfolio at the address.

For-sale consideration is being offered for the complete group of buildings at 2346 E Montecito Ave in Phoenix, AZ 85016.

The asset is listed as four separate freestanding structures, totaling 5,423 square feet for the property as provided.

Key Highlights

  • Single property offering four freestanding office buildings for sale

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Daycare Center Fish Market Clothing & Fashion Store

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

Location Intelligence

Trade Area within ½ mile

2,094
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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
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Frequently Asked Questions

What type of property is this?
Office building - Four freestanding office buildings offered for sale on a single property.
Where is this office building located?
The property is located at 2346 E Montecito Ave Phoenix, AZ.
What are key features of this property?
This property features: Single property offering four freestanding office buildings for sale
More about this property
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