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Flexible Office Suite
New
For Lease
$16 SF/Yr

5320 N 16th St Unit 205, Phoenix, AZ 85016

The suite can be adjusted to suit occupant requirements.

Space Size905 SF - 2,016 SF
Days on Market5

Property Features for 5320 N 16th St Unit 205

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: Searchlocalazhouses
Added: Sep 19 Last Checked: Sep 22 at 9:49PM

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 contains 1,503 square feet within a property constructed in 1975. Available suites range from 905 square feet to 2,016 square feet, with layouts that can be adjusted to suit. The property is positioned just off SR-51 near Camelback Road at 5320 N 16th St in Phoenix.

Key Highlights

  • 1,503‑square‑foot office suite
  • Suite layouts can be adjusted to suit
  • Available suite sizes range from 905 SF to 2,016 SF

Property Analytics

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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 Electrical Service (Bike/Boat/Book/etc) Store 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Phoenix, AZ

$19.79 /SF/Yr
Avg Asking Price
$1.16–$114 /SF/Yr
Price Range
9,797 SF
Avg Space Size

This space is priced 19% below the average of $19.79 /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
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Frequently Asked Questions

What type of property is this?
Office units - The suite can be adjusted to suit occupant requirements.
Where is this office units located?
The property is located at 5320 N 16th St Unit 205 Phoenix, AZ.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 1,503‑square‑foot office suite; Suite layouts can be adjusted to suit; Available suite sizes range from 905 SF to 2,016 SF
More about this property
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