Professionally Managed Office
34225 N 27th Dr Phoenix, AZ
For Sale
Contact for pricing
Office building in Sonoran Canyon Office Park, near I-17.
Property Size3,650 SF
Lot Size0.19 Acres
Price / SF$561.64
Days on Market544
Property Features for 34225 N 27th Dr
General Information
Standard status
Active
Size
3,650 SF
Lot size
0.19 Acres
Property subtype
OFFICE
Listing Agency:
Avison Young | Phoenix
(480) 463-4199
Listed By:
Kelly Carlon · License #SA669487000
Source:
Moodyscre
Added: Jan 29, 2025
Changed: Jul 6
Last Checked: Jul 21 at 8:30AM
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 Avison Young | Phoenix
Investment Insights
Based on property information with market context.
This is a professionally managed office building located approximately 1 mile east of the I-17 Freeway. The property is situated in the Sonoran Canyon Office Park and is surrounded by medical providers. The building has a size of 3,650 square feet.
Key Highlights
- Professionally managed building
- Located in Sonoran Canyon Office Park
- Surrounded by medical providers
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 | $112.1k | $30.72 |
| − Vacancy | −$28.8k | −$7.90 |
| EGI | $83.3k | $22.82 |
| − OpEx | −$20.8k | −$5.71 |
| NOI | $62.5k | $17.12 |
3,650 SF · lease $30.72/SF/yr · vacancy 25.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$892.6K
$781.0K – $1.04M
NOI $62,483 @ 7.0% cap · market cap 3.05%
Second Best
Healthcare Medical
$743.3K
$650.4K – $867.2K
NOI $52,034 @ 7.0% cap · market cap 2.54%
Theoretical Best
Office A
$1.11M
$967.4K – $1.29M
NOI $77,393 @ 7.0% cap · market cap 3.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Office building in Sonoran Canyon Office Park, near I-17.
Where is this office building located?
The property is located at 34225 N 27th Dr Phoenix, AZ.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: Professionally managed building; Located in Sonoran Canyon Office Park; Surrounded by medical providers
