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503 E Plaza Cir, Litchfield Park, AZ 85340

Office space totals approximately 23,691 RSF with negotiable tenant improvements and reserved covered parking.

Space Size1,231 SF
Days on Market219

Property Features for 503 E Plaza Cir

General Information

Standard status Active
Size 1,231 SF
Property subtype OFFICE
Lease Type Modified Gross

Additional Details

Highway Access Yes

Amenities

24-hour security

Spaces For Lease

at 503 E Plaza Cir
503 E Plaza Cir $26.52/SF/Yr
Floor 1
Size 1,231 SF
Type OFFICE
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease Yes
- Approximately 23,691 rentable square feet - Office: $26.52 PSF modified gross first year - Tenant Improvements: Negotiable - Parking: 4.7:1,000 RSF with 1.5:1,000 RSF covered, reserved available - Located in the heart of the rapidly growing “Tri-City” area - Sublease expires March 31, 2030 - Just minutes from I-10 - 1/4-mile from Estrella Mountain Community College - Executive housing in Litchfield Park and Palm Valley - Less than one mile to the Wigwam Resort - Numerous restaurants, shopping and other retail nearby - 24-hour security - Professionally managed
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Listing Agency: Cushman & Wakefield | Phoenix
Listed By: Gordon Raguse
Source: Moodyscre
Added: Mar 24 Changed: Oct 26 Last Checked: Oct 26 at 7:09PM

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 Cushman & Wakefield | Phoenix

Rey
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Investment Insights

Based on property information with market context.

This professionally managed office space offers approximately 23,691 rentable square feet, with tenant improvements listed as negotiable. Parking is available at a ratio of 4.7 spaces per 1,000 RSF, including 1.5 spaces per 1,000 RSF covered and reserved availability. The space is served by 24-hour security.

The property is located in the heart of the rapidly growing “Tri-City” area, just minutes from I-10. It is about 1/4 mile from Estrella Mountain Community College and less than one mile from the Wigwam Resort, with restaurants and retail nearby.

A sublease is in place with an expiration date of March 31, 2030.

Key Highlights

  • Office space totaling approximately 23,691 RSF with negotiable tenant improvements
  • Modified gross lease rate of $26.52 PSF (first year) for the office space
  • Sublease expires March 31, 2030

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Neil S. Stafford, ... Physician Desert Sky Counseling Family Counselor DHI Title Agency Title Company Roxanne Lopez Physician Family First Life ... Insurance Agency

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Auto Repair Shop Auto Parts Store Law Firm

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
NNN (Triple Net)
Lease Type
$3.98 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,005
Businesses Nearby

Demographics for 85340, AZ

33,778
Population
13,336
Households
2.5
Avg Household Size
38
Median Age
37%
College-Educated
93%
High-School Grad
31.3 sq mi
ZIP Area
1,079
Density / Sq Mi
$117,193
Median Household Income
$54,004
Median Earnings
$1,924
Median Rent
$499,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Office space totals approximately 23,691 RSF with negotiable tenant improvements and reserved covered parking.
Where is this office building located?
The property is located at 503 E Plaza Cir Litchfield Park, AZ.
What is the lease rate?
The lease rate is $26.52 SF/Yr.
What are key features of this property?
This property features: Office space totaling approximately 23,691 RSF with negotiable tenant improvements; Modified gross lease rate of $26.52 PSF (first year) for the office space; Sublease expires March 31, 2030
(602) 377-1072 Call to check price and availability
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