522 E Southern Ave, Phoenix, AZ 85040
1,616 SF medical/office suite with functional layout.
- Added:
- Mar 24, 2026
- Days on Market:
- 108
- Last Refresh:
- Jul 5 at 7:23 am
Property Features for 522 E Southern Ave
General Information
- Standard status
- Active
- Size
- 1,616 SF
- Property subtype
- Office
Building Details
- Year Built
- 1930
Listing office The Menlo Group Commercial Real Estate LLC
Listing date Mar 24, 2026
Source Crexi
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 The Menlo Group Commercial Real Estate LLC
HighLights
- Functional 1,616 SF medical/office suite layout.
- Suitable for medical, dental, or professional office use.
- High traffic location at the SEC of Southern Ave and S 7th St.
- Includes waiting room, reception area, two operatories, a private office, and a restroom.
- Close proximity to retail and residential areas.
- Year Built: 1930
Overview
Local 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 | $49.6k | $30.72 |
| − Vacancy | −$12.8k | −$7.90 |
| EGI | $36.9k | $22.82 |
| − OpEx | −$9.2k | −$5.71 |
| NOI | $27.7k | $17.12 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.0659398
- Latitude
- 33.3925423
