379 E Monte Vista Rd, Phoenix, AZ
Freestanding office building in Midtown Phoenix available for sale.
- Added:
- Oct 8, 2025
- Days on Market:
- 254
- Last Refresh:
- May 20 at 8:06 pm
Property Features for 379 E Monte Vista Rd
General Information
- Standard status
- Active
- Size
- 5,789 SF
- Lot size
- 0.14 Acres
- Property subtype
- OFFICE
Listing agent John Barnes (602) 751-8455
Listing office Colliers | Phoenix (602) 751-8455
Listing date Oct 8, 2025
Source Moodyscre
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 Colliers | Phoenix
HighLights
- Own office space instead of renting.
- Excellent Midtown Phoenix location.
- Freestanding office building.
- Condominium overlay.
- Located at the southwest corner of Monte Vista Rd and 7th Street.
- Walkable to various restaurants.
Overview
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 | $177.8k | $30.72 |
| − Vacancy | −$45.7k | −$7.90 |
| EGI | $132.1k | $22.82 |
| − OpEx | −$33.0k | −$5.71 |
| NOI | $99.1k | $17.12 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.066
- Latitude
- 33.4709
