323 East McDowell Road Phoenix, AZ 85004
Street-level commercial building suitable for various business types.
- Added:
- May 26, 2026
- Days on Market:
- 50
- Last Refresh:
- May 27 at 8:26 am
Property Features for 323 East McDowell Road
General Information
- Standard status
- Active
- Size
- 2,389 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1965
Listing office ORION Investment Real Estate (602) 241-0006
Listing date May 26, 2026
Source Crexi
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 ORION Investment Real Estate
Investment Insights
Based on property information with market context.
Key Highlights
- Street‑level commercial opportunity.
- Adaptable layout for a range of business types.
- Ease of access for clients and staff.
Local 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 | $73.4k | $30.72 |
| − Vacancy | −$18.9k | −$7.90 |
| EGI | $54.5k | $22.82 |
| − OpEx | −$13.6k | −$5.71 |
| NOI | $40.9k | $17.12 |