Phoenix Office/Retail Space For
4115 N 108th Ave Phoenix, AZ
For Sale
Contact for pricing
Office and retail space available for sale in Phoenix, AZ.
Property Size8,276 SF
Lot Size0.19 Acres
Price / SF$302.08
Days on Market674
Property Features for 4115 N 108th Ave
General Information
Standard status
Active
Size
8,276 SF
Lot size
0.19 Acres
Property subtype
OFFICE
Listing Agency:
Commercial Properties Inc
(602) 369-9996
Listed By:
Paul Fox · License ##SA628495000
(602) 369-9996
Source:
Moodyscre
Added: Sep 24, 2024
Changed: Jul 6
Last Checked: Jul 21 at 6:04AM
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 Commercial Properties Inc
Investment Insights
Based on property information with market context.
This property offers office and retail space for sale in Phoenix, Arizona. The building has a total area of 8,276 square feet.
Key Highlights
- Office / Retail space available
- Location: Phoenix, AZ
- Available for sale
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 | $254.2k | $30.72 |
| − Vacancy | −$65.3k | −$7.90 |
| EGI | $188.9k | $22.82 |
| − OpEx | −$47.2k | −$5.71 |
| NOI | $141.7k | $17.12 |
8,276 SF · lease $30.72/SF/yr · vacancy 25.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.02M
$1.77M – $2.36M
NOI $141,675 @ 7.0% cap · market cap 5.67%
Second Best
Retail
$1.34M
$1.17M – $1.56M
NOI $93,537 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$2.51M
$2.19M – $2.92M
NOI $175,481 @ 7.0% cap · market cap 7.02%
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 units - Office and retail space available for sale in Phoenix, AZ.
Where is this office units located?
The property is located at 4115 N 108th Ave Phoenix, AZ.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Office / Retail space available; Location: Phoenix, AZ; Available for sale
