Anthem Office/Medical Condo For
42104 N Venture Dr Bldg D Ste 114 Anthem, AZ 85086
42104 N Venture Dr Bldg D Ste 114, Anthem, AZ, 85086
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For Sale
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Office/Medical condo available for sale in Anthem, Arizona.
Property Size2,153 SF
Price / SF$371.57
Days on Market672
Property Features for 42104 N Venture Dr Bldg D Ste 114
General Information
- Standard status
- Active
- Size
- 2,153 SF
- Property subtype
- Office
Building Details
- Year Built
- 2004
Listing Agency
Commercial Properties Inc.
(480) 522-2813
Listed by
Eric Butler · License #AZ BR515583000
Source
Crexi
Added: Sep 16, 2024 Checked: Jul 17 at 3:54 am
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.
An office/medical condo is available for sale in Anthem, Arizona, located at Anthem Drive and Venture. The property has a size of 2153 square feet.
Key Highlights
- Office/Medical Condo available for sale.
- Located in Anthem, AZ.
- Situated at Anthem Dr and Venture.
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 | $65.9k | $30.60 |
| − Vacancy | −$16.1k | −$7.47 |
| EGI | $49.8k | $23.13 |
| − OpEx | −$12.5k | −$5.78 |
| NOI | $37.4k | $17.35 |
2,153 SF · lease $30.60/SF/yr · vacancy 24.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$533.6K
$466.9K – $622.6K
NOI $37,355 @ 7.0% cap · market cap 4.67%
Second Best
Healthcare Medical
$434.8K
$380.5K – $507.3K
NOI $30,437 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$666.0K
$582.7K – $777.0K
NOI $46,619 @ 7.0% cap · market cap 5.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
FAQs
What type of property is this?
Medical Office Space - Office/Medical condo available for sale in Anthem, Arizona.
Where is this medical office space located?
The property is located at 42104 N Venture Dr Bldg D Ste 114 Anthem, AZ.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: Office/Medical Condo available for sale.; Located in Anthem, AZ.; Situated at Anthem Dr and Venture.
