Move-In Ready Office
For Sale
$680,000
4425 E Agave Road 102, Phoenix, AZ 85044
Move-in ready professional office space totaling 1,970 SF, built in 2006 in a high demographic area.
Property Size1,970 SF
Price / SF$345.18
Days on Market690
Property Features for 4425 E Agave Road 102
General Information
Standard status
Active
Size
1,970 SF
Property subtype
COMMERCIAL
Additional Details
Highway Access
Yes
Building Details
Building Size
6,967 SF
Year Built
2006
Listing Agency:
The Menlo Group Commercial Real Estate
(480) 659-1777
Listed By:
Grafton Milne · License #BR584594000
(480) 659-1777
Source:
Gillettegroupaz
Added: Sep 11, 2024
Changed: Jul 30
Last Checked: Aug 1 at 10:36AM
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 The Menlo Group Commercial Real Estate
Investment Insights
Based on property information with market context.
Move-in ready professional office space totaling approximately 1,970 SF, located in a professionally oriented setting and ready for immediate occupancy. Built in 2006, the space is suited for office users seeking a clean, functional environment.
The property sits in a high demographic area and is described as being in close proximity to I-10 and the 202 freeway, with retail and business amenities nearby. This access can support both employee commute convenience and convenient customer access for office-related operations.
The suite is identified as unit 102 at 4425 E Agave Road in Phoenix, AZ, providing a distinct, addressable location for a range of office uses.
The property sits in a high demographic area and is described as being in close proximity to I-10 and the 202 freeway, with retail and business amenities nearby. This access can support both employee commute convenience and convenient customer access for office-related operations.
The suite is identified as unit 102 at 4425 E Agave Road in Phoenix, AZ, providing a distinct, addressable location for a range of office uses.
Key Highlights
- Approximately 1,970 SF professional office space
- Move‑in ready for immediate occupancy
- Built in 2006
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 | $60.5k | $30.72 |
| − Vacancy | −$15.6k | −$7.90 |
| EGI | $45.0k | $22.82 |
| − OpEx | −$11.2k | −$5.71 |
| NOI | $33.7k | $17.12 |
1,970 SF · lease $30.72/SF/yr · vacancy 25.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$481.8K
$421.6K – $562.1K
NOI $33,724 @ 7.0% cap · market cap 4.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$596.7K
$522.1K – $696.2K
NOI $41,771 @ 7.0% cap · market cap 6.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,064
Businesses Nearby
Explore this area
Business Placement
Demographics for 85044, AZ
39,559
Population
18,817
Households
2.1
Avg Household Size
41
Median Age
50%
College-Educated
97%
High-School Grad
16.5 sq mi
ZIP Area
2,398
Density / Sq Mi
$96,374
Median Household Income
$58,220
Median Earnings
$1,798
Median Rent
$437,400
Median Home Value
Market
Vacancy Rate% for Office in Phoenix, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Move-in ready professional office space totaling 1,970 SF, built in 2006 in a high demographic area.
Where is this office units located?
The property is located at 4425 E Agave Road 102 Phoenix, AZ.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Approximately 1,970 SF professional office space; Move‑in ready for immediate occupancy; Built in 2006
