Listing Agency: Commercial Properties Inc b***@cpiaz.com Show Phone

Listed By: Brandon Koplin · License #SA567178000 Show Phone

Source: Moodyscre

Added: Apr 12, 2023 Changed: Jul 27 Last Checked: Jul 30 at 10:21AM

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Investment Insights

Based on property information with market context.

This Midtown office space is available for rent and is located at 550 W Indian School Rd. The property is presented as office units/office space and is available for an ongoing occupancy need.

The location is described as just west of Central Ave, with access to SR-51 and I-17.

The listed size for this offering is 1,058 square feet.

Key Highlights

• Midtown office space for rent
• Located just west of Central Ave
• Provides access to SR‑51 and I‑17

Property Analytics

Current Use

The Source Naturopathic Medical ... Medical Clinic Biological Energy Medicine Medical Clinic David A. Arneson, NMD Alternative Medicine Practice Jane R. Meier, ... Physician MMjCCC Alternative Medicine Practice

Suggested Use

Top Pick Food Market (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Pet Grooming Service Grocery & Convenience Store

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

$2.10 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

2,396

Businesses Nearby

Explore this area Business Placement

Demographics for 85013, AZ

21,970

Population

11,618

Households

1.9

Avg Household Size

38

Median Age

47%

College-Educated

90%

High-School Grad

3.7 sq mi

ZIP Area

5,938

Density / Sq Mi

$68,895

Median Household Income

$53,067

Median Earnings

$1,435

Median Rent

$476,200

Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$18.84 /SF/Yr

Avg Asking Price

$0.58–$59.85 /SF/Yr

Price Range

11,631 SF

Avg Space Size

This space is priced 26% below the average of $18.84 /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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office units located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Office space for rent in a Midtown location with access to SR-51 and I-17.

Where is this office units located?

The property is located at 550 W Indian School Rd Phoenix, AZ.

What is the lease rate?

The lease rate is $1,235 /Mo.

What are key features of this property?

This property features: Midtown office space for rent; Located just west of Central Ave; Provides access to SR‑51 and I‑17