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Modern Office Space in Phoenix
For Lease
$34.75 SF/Yr

5050 N 40th St, Phoenix, AZ 85018

Sophisticated office space in the heart of the Camelback Corridor.

Space Size1,127 SF - 3,949 SF
Property Size72,314 SF
Days on Market215

Property Features for 5050 N 40th St

General Information

Standard status Active
Size 1,127 SF - 3,949 SF
Class A
Property subtype Office
Lease Term Full Service

Building Details

Building Size 72,314 SF
Year Built 1989

Spaces For Lease

at 5050 N 40th St Contact us

5050 N 40th St, Ste 205 $34.75/SF/Yr

Size
2,569 SF
Type
Office Building
Term
Negotiable
Contact us

5050 N 40th St, Ste 320 $34.75/SF/Yr

Size
1,127 SF
Term
Negotiable
Contact us

5050 N 40th St, Ste 380 $34.75/SF/Yr

Size
3,949 SF
Term
Negotiable
Contact us
Listing Agency: Commercial Properties Inc
Listed By: Tyson Breinholt · License #BR517298000
Source: Corfac
Added: Jan 26 Changed: Aug 21 Last Checked: Aug 29 at 7:51AM

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.

Located at 5050 North 40th Street in Phoenix, AZ, this property offers a modern and professional atmosphere. The building features a striking architectural design and landscaped surroundings. State-of-the-art amenities include high-speed internet access, ample parking, and elegant common areas. Flexible floor plans and customizable spaces are available. The location provides proximity to dining destinations such as Steak 44 and The Henry, as well as upscale shopping at Biltmore Fashion Park. With easy access to SR-51 and the Phoenix Sky Harbor International Airport, commuting is convenient. Nearby luxury hotels such as the Arizona Biltmore and Wrigley Mansion offer accommodations for visiting clients. Wellness amenities including Camelback Mountain and the Arizona Canal Trail are also nearby. The property is located in the heart of the Camelback Corridor. The property size is 72314 square feet and the list price is $34.75.

Key Highlights

  • Prime location in the Camelback Corridor, offering proximity to dining, shopping, and luxury hotels.
  • Easy access to SR‑51 and Phoenix Sky Harbor International Airport.
  • State‑of‑the‑art amenities, including high‑speed internet access and ample parking.

Property Analytics

Current Use

Kristi A. Reardon Law Firm Grant Creighton & Grant ... Law Firm Arcadia Endodontics Dental Office The Law Office Of K. ... Law Firm Milligan Lawless, P.C. Law Firm

Suggested Use

Top Pick Grocery & Convenience Store Food Market Electrical Service Auto Repair Shop (Bike/Boat/Book/etc) Store Parking Lot & Garage

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

NNN (Triple Net)
Lease Type
$5.21 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,217
Businesses Nearby

Demographics for 85018, AZ

37,944
Population
19,487
Households
1.9
Avg Household Size
40
Median Age
57%
College-Educated
92%
High-School Grad
15.1 sq mi
ZIP Area
2,513
Density / Sq Mi
$87,637
Median Household Income
$58,555
Median Earnings
$1,411
Median Rent
$805,800
Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$18.36 /SF/Yr
Avg Asking Price
$1.16–$47 /SF/Yr
Price Range
9,305 SF
Avg Space Size

This space is priced 89% above the average of $18.36 /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
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Frequently Asked Questions

What type of property is this?
Office units - Sophisticated office space in the heart of the Camelback Corridor.
Where is this office units located?
The property is located at 5050 N 40th St Phoenix, AZ.
What is the lease rate?
The lease rate is $34.75 SF/Yr.
What are key features of this property?
This property features: Prime location in the Camelback Corridor, offering proximity to dining, shopping, and luxury hotels.; Easy access to SR‑51 and Phoenix Sky Harbor International Airport.; State‑of‑the‑art amenities, including high‑speed internet access and ample parking.
More about this property
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