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Office Suites with Central Courtyard
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2701 N 16th St, Phoenix, AZ 85016

Office suites with functioning operable windows, a secured central courtyard, and furniture included with the lease.

Property Size2,500 SF
Days on Market4

Property Features for 2701 N 16th St

General Information

Standard status Active
Size 2,500 SF
Property subtype OFFICE
Listing Agency: NAI Horizon - Phoenix
Listed By: Don Morrow · License #BR016257000
Source: Moodyscre
Added: Jul 29 Changed: Jul 30 Last Checked: Jul 31 at 10:41AM

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 NAI Horizon - Phoenix

Investment Insights

Based on property information with market context.

These office suites offer a red brick exterior and many building upgrades in progress. Suites include functioning operable windows for fresh air circulation. Tenants share a secured, large central courtyard with mature landscaping for a pleasant environment. A monument sign on 16th St includes multiple available panels for tenant identity. The parking lot is being renovated.

Convenient transit is available with a bus stop immediately in front of the property. The building has high visibility with 16th St frontage on a major arterial, with quick access to SR 51. Nearby medical destinations include Phoenix Children’s Hospital and Arizona Heart Hospital.

All furniture in the suites is included with the lease, supporting an easier move-in for suitable office users.

Key Highlights

  • Secured central courtyard tenant common area with mature landscaping
  • High visibility with 16th St frontage on a major arterial; quick access to SR 51
  • Bus stop immediately in front of the property

Property Analytics

Current Use

Advanced Pain Management Physician Patricia Hart Counselor 观音堂 Church Accident Doctor Group Medical Group Injury Chiropractic Alternative Medicine Practice

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring Store Florist Butcher

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

Location Intelligence

Trade Area within ½ mile

1,769
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

$18.84 /SF/Yr
Avg Asking Price
$0.58–$59.85 /SF/Yr
Price Range
11,631 SF
Avg Space Size

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 units - Office suites with functioning operable windows, a secured central courtyard, and furniture included with the lease.
Where is this office units located?
The property is located at 2701 N 16th St Phoenix, AZ.
What are key features of this property?
This property features: Secured central courtyard tenant common area with mature landscaping; High visibility with 16th St frontage on a major arterial; quick access to SR 51; Bus stop immediately in front of the property
(602) 639-0747 Call to check price and availability
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