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

5320 N 16th St Unit 200, Phoenix, AZ 85016

Office space near SR-51 and Camelback with suite layouts that can be adjusted to suit.

Space Size905 SF - 2,016 SF
Days on Market18

Property Features for 5320 N 16th St Unit 200

General Information

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

Space & Availability

Available Space 905-2,016 SF
Floor Ground Floor

Lease Terms

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

Additional Details

Highway Access Yes

Building Details

Year Built 1975
Listing Agency: Wrangler Real Estate
Listed By: Timothy W Schutt · License #BR567000000
Source: Lizkeepsitrealaz
Added: Aug 12 Changed: Aug 28 Last Checked: Aug 28 at 12:35PM

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 ground-floor office suite is located within a 1975 commercial property and offers a flexible setup that can be tailored to the space requirements described for the available suites. The property is identified for office-unit use and provides a downstairs location for an occupying business.

The property sits just off SR-51 near Camelback, in an area that has seen new development and additional business activity. Its address is 5320 N 16th St, Unit 200, Phoenix, Arizona, providing a defined office location within the surrounding commercial area.

Key Highlights

  • Ground‑floor office suite at 5320 N 16th St, Unit 200
  • Located just off SR‑51 near Camelback
  • Suite layouts can be adjusted to suit

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

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

This space is priced 13% below 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 - Office space near SR-51 and Camelback with suite layouts that can be adjusted to suit.
Where is this office units located?
The property is located at 5320 N 16th St Unit 200 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 St, Unit 200; Located just off SR‑51 near Camelback; Suite layouts can be adjusted to suit
More about this property
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