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C-2 Office Condo
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4425 E Agave Rd, Phoenix, AZ 85044

Professional workspace near retail, business amenities, and major freeway connections.

Property Size1,970 SF
Price / SF$345.18
Days on Market694

Property Features for 4425 E Agave Rd

General Information

Standard status Active
Size 1,970 SF
Property subtype OFFICE
Zoning C-2

Additional Details

Asking Price $480,000
Highway Access Yes
Listing Agency: Menlo Group Commercial Real Estate
Listed By: Grafton Milne · License #BR584594000
Source: Moodyscre
Added: Sep 11, 2024 Changed: Jul 31 Last Checked: Jul 31 at 10:49AM

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 Menlo Group Commercial Real Estate

Investment Insights

Based on property information with market context.

This professional office condominium is available for sale or lease and is zoned C-2 by the City of Phoenix. The property is identified as Suite 104 and offers office space suited to a professional commercial setting.

Located at 4425 E Agave Rd in Phoenix, the property is near retail and business amenities, with close access to I-10 and SanTan 202 Freeways. Plenty of parking is also available, supporting convenient access for occupants and visitors.

Key Highlights

  • Professional office condo available for sale or lease
  • Zoned C‑2, City of Phoenix
  • Located at 4425 E Agave Rd, Phoenix, AZ 85044

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 (±1% cap)
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 (±1% cap)
NOI $41,771 @ 7.0% cap · market cap 6.14%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Sean Leonard Real ... Real Estate Agency E J's Produce ... Agricultural Supply Noadoyo Wholesalers Big Box & Wholesale Store Greeves & Roethler, PLC Law Firm Atrium Dental/Ahwatukee Dentistry Dental Office

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Auto Repair Shop Restaurant Auto Parts Store

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,064
Businesses Nearby

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

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
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Frequently Asked Questions

What type of property is this?
Office units - Professional workspace near retail, business amenities, and major freeway connections.
Where is this office units located?
The property is located at 4425 E Agave Rd 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: Professional office condo available for sale or lease; Zoned C‑2, City of Phoenix; Located at 4425 E Agave Rd, Phoenix, AZ 85044
(480) 282-3089 Call to check price and availability
More about this property
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