Office Building with Two-Story Atrium
For Lease
Contact for pricing
5110 N 40th St, Phoenix, AZ 85018
Office building featuring a two-story atrium lobby with a large rentable area and nearby dining options.
Property Size2,048 SF
Days on Market260
Property Features for 5110 N 40th St
General Information
Standard status
Active
Size
2,048 SF
Net Rentable
31,231 SF
Property subtype
OFFICE
Lease Type
SF/yr
Additional Details
Highway Access
Yes
Building Details
Parking Ratio
4 per 1,000 SF
Listing Agency:
Lee & Associates | Phoenix
(602) 954-3763
Listed By:
Nick Adamczyk
(678) 986-6752
Source:
Moodyscre
Added: Nov 12, 2025
Changed: Jul 30
Last Checked: Jul 30 at 2:34AM
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 Lee & Associates | Phoenix
Investment Insights
Based on property information with market context.
The office building offers a two-story atrium lobby and 31,231 rentable square feet of space. The configuration is suited for organizations looking for a prominent, well-appointed common area and a straightforward workplace footprint.
The property is adjacent to Biltmore, Arcadia, and Paradise Valley residential areas and is within walking distance to restaurants at 40th St & Camelback. It also provides convenient access to SR 51 and Loop 202, supporting commuting and client access from across the Phoenix area.
The property is adjacent to Biltmore, Arcadia, and Paradise Valley residential areas and is within walking distance to restaurants at 40th St & Camelback. It also provides convenient access to SR 51 and Loop 202, supporting commuting and client access from across the Phoenix area.
Key Highlights
- Two‑story atrium lobby
- 31,231 rentable square feet
- 4:1000 parking
Property Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,047
Businesses Nearby
Explore this area
Business Placement
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
$25.81 /SF/Yr
Avg Asking Price
$11.95–$47 /SF/Yr
Price Range
54,830 SF
Avg Space Size
This space is priced 1% above the average of $25.81 /SF/Yr.
Vacancy Rate% for Office in Phoenix, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building featuring a two-story atrium lobby with a large rentable area and nearby dining options.
Where is this office building located?
The property is located at 5110 N 40th St Phoenix, AZ.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Two‑story atrium lobby; 31,231 rentable square feet; 4:1000 parking
