Coworking Space with Private
For Sale
Contact for pricing
34975 N North Valley Parkway 152, Phoenix, AZ 85086
Four furnished office suites provide professional workspace with shared meeting and kitchenette areas.
Property Size4,200 SF
Price / SF$0.12
Days on Market85
Property Features for 34975 N North Valley Parkway 152
General Information
Standard status
Active
Size
4,200 SF
Property subtype
Comm/Industry Lease
Amenities
high-speed internet access
printer/copier access
individual tenant mailbox
kitchenette
conference room
Building Details
Tenancy
Multi
Listing Agency:
HomeSmart
(602) 230-7600
Listed By:
Paul Scortea · License #SA656092000
(623) 326-9036
Source:
Kelliesellsaz
Added: Jul 25
Changed: Oct 3
Last Checked: Oct 16 at 9:05AM
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 HomeSmart
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Investment Insights
Based on property information with market context.
This coworking property at 34975 N North Valley Parkway, 152 in Phoenix provides four private office suites within a 4,200-square-foot office building. Individual offices range from 115 square feet to 215 square feet, creating workspace options for professionals, consultants, small businesses, and remote teams. The setting is designed for quiet, professional use.
Occupants have access to high-speed internet, printer and copier equipment, individual mailboxes, utilities, common area maintenance, a shared kitchenette, and a conference room for meetings. The property combines private work areas with shared business amenities in a professionally maintained office environment.
Occupants have access to high-speed internet, printer and copier equipment, individual mailboxes, utilities, common area maintenance, a shared kitchenette, and a conference room for meetings. The property combines private work areas with shared business amenities in a professionally maintained office environment.
Key Highlights
- Four private offices ranging from 115 sq ft to 215 sq ft
- 4,200‑square‑foot office building at 34975 N North Valley Parkway, 152
- High‑speed internet, printer and copier access included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,899
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,437,980
$1.4M
Cap Rate 7%
$1,027,129
$1.0M
Cap Rate 9%
$798,878
$798.9K
Market Conditions
NOI Build-Up for 4,200 SF
Gross rent
$129.0K $30.72/SF
− Vacancy
−$33.2K −$7.90/SF
EGI
$95.9K $22.82/SF
− OpEx
−$24.0K −$5.71/SF
NOI
$71.9K $17.12/SF
Area
Phoenix, AZ
Vacancy
25.70%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,437,980
Cap Rate 7%
$1,027,129
Cap Rate 9%
$798,878
Alternative Uses
Best Use
Office B
$1.03M
$898.7K – $1.20M
NOI $71,899 @ 7.0% cap · market cap 14,379.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $89,055 @ 7.0% cap · market cap 17,811.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
602
Businesses Nearby
Explore this area
Business Placement
Demographics for 85086, AZ
43,223
Population
17,213
Households
2.5
Avg Household Size
45
Median Age
42%
College-Educated
97%
High-School Grad
61.3 sq mi
ZIP Area
705
Density / Sq Mi
$118,543
Median Household Income
$62,626
Median Earnings
$2,177
Median Rent
$554,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Phoenix, AZ
Frequently Asked Questions
What type of property is this?
Coworking space - Four furnished office suites provide professional workspace with shared meeting and kitchenette areas.
Where is this coworking space located?
The property is located at 34975 N North Valley Parkway 152 Phoenix, AZ.
What are key features of this property?
This property features: Four private offices ranging from 115 sq ft to 215 sq ft; 4,200‑square‑foot office building at 34975 N North Valley Parkway, 152; High‑speed internet, printer and copier access included
