555 W Turney Ave, Phoenix, AZ
Office building with 24,210 square feet of space.
- Added:
- Apr 7, 2025
- Days on Market:
- 438
- Last Refresh:
- May 20 at 8:17 pm
Property Features for 555 W Turney Ave
General Information
- Standard status
- Active
- Size
- 24,210 SF
- Lot size
- 0.81 Acres
- Property subtype
- OFFICE
Properties For Sale
at 555 W Turney Ave Contact usListing agent Kurt Kerner License #SA704414000 (858) 964-8019
Listing office Kidder Mathews | Phoenix (858) 964-8019
Listing date Apr 7, 2025
Source Moodyscre
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HighLights
- Office building
- 24,210 square feet of space
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 | $743.7k | $30.72 |
| − Vacancy | −$191.1k | −$7.90 |
| EGI | $552.6k | $22.82 |
| − OpEx | −$138.1k | −$5.71 |
| NOI | $414.4k | $17.12 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.082
- Latitude
- 33.5