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Ground-Floor Office Suite
For Lease
$16 SF/Yr

5320 N 16th Street 207, Phoenix, AZ 85016

Office space offers convenient access near SR-51 and Camelback with flexible suite configurations.

Space Size905 SF - 2,016 SF
Days on Market436

Property Features for 5320 N 16th Street 207

General Information

Standard status Active
Size 905 SF - 2,016 SF
Net Rentable 905 SF
Property subtype COMMERCIAL

Space & Availability

Available Space 905-2,016 SF
Floor Ground
Space Use Office

Lease Terms

Lease Rate $16 /USD/SF/YR
Monthly Rent $1,206-$2,688
Rent per SF/Year $16

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $24,397

Building Details

Building Size 729 SF
Year Built 1975
Listing Agency: Wrangler Real Estate
Listed By: Timothy W Schutt · License #BR567000000
Source: Alexiabertsatos
Added: Jun 14, 2025 Changed: Aug 22 Last Checked: Aug 23 at 9:18AM

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 Wrangler Real Estate

Investment Insights

Based on property information with market context.

This office suite is located on the ground floor of a commercial property built in 1975. The available office configurations range from 905 square feet to 2016 square feet, with layouts that can be adjusted to suit operational needs.

The property is positioned just off SR-51 near Camelback in Phoenix, an area identified with new development and new business activity. Its ground-floor placement provides a practical setting for office users seeking an accessible presence within an established commercial corridor.

Key Highlights

  • Ground‑floor office suite at 5320 N 16th Street 207
  • Located just off SR‑51 near Camelback
  • Suite sizes range from 905 square feet to 2016 square feet

Property Analytics

Current Use

Selmi Mc Phee ... Physician Conner Chiropractic Center Alternative Medicine Practice Maria Salajan Physician Opulent Real Estate ... Property Management Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Garden Center Grocery & Convenience Store HVAC Service Food Market

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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,857
Businesses Nearby

Demographics for 85016, AZ

37,326
Population
21,363
Households
1.7
Avg Household Size
38
Median Age
50%
College-Educated
94%
High-School Grad
8.2 sq mi
ZIP Area
4,552
Density / Sq Mi
$85,085
Median Household Income
$53,781
Median Earnings
$1,575
Median Rent
$508,400
Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$18.83 /SF/Yr
Avg Asking Price
$1.86–$45 /SF/Yr
Price Range
8,467 SF
Avg Space Size

This space is priced 15% below the average of $18.83 /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 - Office space offers convenient access near SR-51 and Camelback with flexible suite configurations.
Where is this office units located?
The property is located at 5320 N 16th Street 207 Phoenix, AZ.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Ground‑floor office suite at 5320 N 16th Street 207; Located just off SR‑51 near Camelback; Suite sizes range from 905 square feet to 2016 square feet
More about this property
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