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4408 N 12th St, Phoenix, AZ 85014

Multi-tenant office building with five electrical meters and extensive tenant-improvement needs; 10,800 SF project.

Property Size1,500 SF
Days on Market312

Property Features for 4408 N 12th St

General Information

Standard status Active
Size 1,500 SF
Property subtype OFFICE
Zoning R-5
Lease Type SF/yr

Building Details

Tenancy Multi
Listing Agency: Commercial Properties Inc
Listed By: Brandon Koplin · License #SA567178000
Source: Moodyscre
Added: Sep 22, 2025 Changed: Jul 25 Last Checked: Jul 29 at 3:01PM

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 multi-tenant office building is presented as a 10,800 SF project and is set up to operate as either a single-tenant or multi-tenant property. The building includes five separate electrical meters, supporting individualized tenant metering.

The property is located at 4408 N 12th St in Phoenix, AZ 85014. The City of Phoenix lists the site under R-5 zoning, and the parcel number is 155-14-045.

The space is described as needing extensive tenant improvements, making it well-suited for occupancies that require significant buildout to meet their operational requirements.

Key Highlights

  • 10,800 SF multi‑tenant office building project
  • R‑5 zoning in the City of Phoenix
  • Building has 5 separate electrical meters

Property Analytics

Current Use

Phoenix Appliance Repair ... Home Appliance Store Rising Doors Building Supply Cherrypick Investments - Michael ... Construction Company averhealth Drug Testing Service KR Dumpsters General Contractor

Suggested Use

Top Pick Food Market (Bike/Boat/Book/etc) Store Veterinary Clinic Electrical Service Grocery & Convenience Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,792
Businesses Nearby

Demographics for 85014, AZ

26,381
Population
14,778
Households
1.8
Avg Household Size
37
Median Age
43%
College-Educated
90%
High-School Grad
4.0 sq mi
ZIP Area
6,595
Density / Sq Mi
$69,995
Median Household Income
$48,465
Median Earnings
$1,339
Median Rent
$447,500
Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$25.81 /SF/Yr
Avg Asking Price
$11.95–$47 /SF/Yr
Price Range
54,830 SF
Avg Space Size

This space is priced 30% below the average of $25.81 /SF/Yr.

Vacancy Rate% for Office in Phoenix, AZ

14.4% 2019
19.3% 2020
21.7% 2021
24.3% 2022
27.4% 2023
28.5% 2024
26.5% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Multi-tenant office building with five electrical meters and extensive tenant-improvement needs; 10,800 SF project.
Where is this office building located?
The property is located at 4408 N 12th St Phoenix, AZ.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 10,800 SF multi‑tenant office building project; R‑5 zoning in the City of Phoenix; Building has 5 separate electrical meters
(602) 373-4717 Call to check price and availability
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