Furnished Executive Office
For Sale
Contact for pricing
4530 E SHEA Boulevard 103, Phoenix, AZ 85028
Two private suites offer furnished interiors, windows, shared reception, conference room access, and a kitchenette.
Property Size82,720 SF
Price / SF$0.01
Days on Market49
Property Features for 4530 E SHEA Boulevard 103
General Information
Standard status
Active
Size
82,720 SF
Property subtype
Comm/industry Lease
Site & Location
Neighborhood
Paradise Valley
Listing Agency:
DeLex Realty
(602) 910-3002
Listed By:
Dana B Avellar
(623) 252-9032
Source:
Karensauer
Added: Sep 11
Changed: Oct 25
Last Checked: Oct 28 at 8:20AM
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 DeLex Realty
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Investment Insights
Based on property information with market context.
Two private executive office suites are available within an established real estate office. Suite C measures approximately 150 SF, while Suite B provides approximately 300 SF as a corner office. Both suites include windows and furnishings.
Shared amenities include a reception area, general conference room, kitchenette, and java bar. The full-service rate covers WIFI, housekeeping, building services, and rental tax. Visitor and tenant parking is positioned near the front entrance, with reserved spaces available as an add-on. The property is near SR-51 and the retail and office center at Tatum and Shea. A 12-month minimum lease applies.
Shared amenities include a reception area, general conference room, kitchenette, and java bar. The full-service rate covers WIFI, housekeeping, building services, and rental tax. Visitor and tenant parking is positioned near the front entrance, with reserved spaces available as an add-on. The property is near SR-51 and the retail and office center at Tatum and Shea. A 12-month minimum lease applies.
Key Highlights
- Two private executive office suites with windows and furnishings
- Suite C: ±150 SF
- Suite B: ±300 SF executive corner office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,416,061
Suggested Prices Based on Cap Rates
Cap Rate 5%
$28,321,220
$28.3M
Cap Rate 7%
$20,229,443
$20.2M
Cap Rate 9%
$15,734,011
$15.7M
Market Conditions
NOI Build-Up for 82,720 SF
Gross rent
$2.54M $30.72/SF
− Vacancy
−$653.1K −$7.90/SF
EGI
$1.89M $22.82/SF
− OpEx
−$472.0K −$5.71/SF
NOI
$1.42M $17.12/SF
Area
Phoenix, AZ
Vacancy
25.70%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$28,321,220
Cap Rate 7%
$20,229,443
Cap Rate 9%
$15,734,011
Alternative Uses
Best Use
Office B
$20.23M
$17.70M – $23.60M
NOI $1,416,061 @ 7.0% cap · market cap 118,005.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$25.06M
$21.92M – $29.23M
NOI $1,753,962 @ 7.0% cap · market cap 146,163.50%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,824
Businesses Nearby
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Business Placement
Demographics for 85028, AZ
19,888
Population
8,642
Households
2.3
Avg Household Size
48
Median Age
56%
College-Educated
97%
High-School Grad
6.9 sq mi
ZIP Area
2,882
Density / Sq Mi
$119,436
Median Household Income
$69,819
Median Earnings
$1,832
Median Rent
$583,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Phoenix, AZ
Frequently Asked Questions
What type of property is this?
Office unit - Two private suites offer furnished interiors, windows, shared reception, conference room access, and a kitchenette.
Where is this office unit located?
The property is located at 4530 E SHEA Boulevard 103 Phoenix, AZ.
What are key features of this property?
This property features: Two private executive office suites with windows and furnishings; Suite C: ±150 SF; Suite B: ±300 SF executive corner office
