Office Units with Three Private
New
For Sale
$400,960
2814 W Northern Ave, Phoenix, AZ 85028
Interior office buildout with three private offices, reception/work area, and paved parking.
Property Size1,442 SF
Price / SF$278.06
Days on Market5
Property Features for 2814 W Northern Ave
General Information
Standard status
Active
Size
1,442 SF
Amenities
3 private offices
bathroom
break room
conference room
2 storage closets
reception/work area
Listing Agency:
MCG Realty
(602) 620-1453
Listed By:
Tiffany J McGill · License #BR115598000
(602) 620-1453
Source:
Exprealty
Added: Jul 26
Changed: Jul 30
Last Checked: Jul 30 at 8:57AM
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 MCG Realty
Investment Insights
Based on property information with market context.
This office units space is set up for day-to-day work with three private offices plus a reception/work area, conference room, and break room. The layout also includes a bathroom and two storage closets. Interior finishes include commercial carpeting along with tile and wood flooring. The space measures 1,442 SF and is served by paved parking.
Located at 2814 W Northern Ave in Phoenix, AZ, the property is described as having easy access to Central Phoenix, supporting convenient arrivals for staff and visitors.
The combination of private offices, shared meeting space, reception/work area, and dedicated storage is well suited for professional teams needing a functional, purpose-built office arrangement.
Located at 2814 W Northern Ave in Phoenix, AZ, the property is described as having easy access to Central Phoenix, supporting convenient arrivals for staff and visitors.
The combination of private offices, shared meeting space, reception/work area, and dedicated storage is well suited for professional teams needing a functional, purpose-built office arrangement.
Key Highlights
- 1,442 SF office units space with reception/work area
- Three private offices plus conference room
- Break room and bathroom in the interior layout
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 | $44.3k | $30.72 |
| − Vacancy | −$11.4k | −$7.90 |
| EGI | $32.9k | $22.82 |
| − OpEx | −$8.2k | −$5.71 |
| NOI | $24.7k | $17.12 |
1,442 SF · lease $30.72/SF/yr · vacancy 25.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$352.6K
$308.6K – $411.4K
NOI $24,685 @ 7.0% cap · market cap 6.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$436.8K
$382.2K – $509.6K
NOI $30,576 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
941
Businesses Nearby
Explore this area
Business Placement
Demographics for 85028, AZ
19,888
Population
8,642
Households
2.3
Avg Household Size
48
Median Age
56%
College-Educated
97%
High-School Grad
6.9 sq mi
ZIP Area
2,882
Density / Sq Mi
$119,436
Median Household Income
$69,819
Median Earnings
$1,832
Median Rent
$583,000
Median Home Value
Market
Vacancy Rate% for Office in Phoenix, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Interior office buildout with three private offices, reception/work area, and paved parking.
Where is this office units located?
The property is located at 2814 W Northern Ave Phoenix, AZ.
What is the asking price?
The asking price for this property is $400,960.
What are key features of this property?
This property features: 1,442 SF office units space with reception/work area; Three private offices plus conference room; Break room and bathroom in the interior layout
