Professional Office Unit with
For Sale
Contact for pricing
6245 N 35TH Avenue 1, Phoenix, AZ 85017
Office suite with private rooms, shared parking, included utilities, and community restrooms near Downtown Phoenix.
Property Size8,779 SF
Price / SF$0.10
Days on Market50
Property Features for 6245 N 35TH Avenue 1
General Information
Standard status
Active
Size
8,779 SF
Property subtype
Comm/industry Lease
Site & Location
Neighborhood
Alhambra
Amenities
community restrooms
Listing Agency:
Keller Williams Integrity First
(480) 854-2400
Listed By:
Heather Openshaw
(480) 462-5939
Source:
Kelliesellsaz
Added: Sep 10
Changed: Oct 26
Last Checked: Oct 28 at 8:13AM
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 Keller Williams Integrity First
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Investment Insights
Based on property information with market context.
This office unit provides a practical professional setting with a lobby and reception area followed by private office space. The property measures 8,779 square feet and includes access to shared parking and community restrooms. Utilities are included, supporting a straightforward operating setup for office users.
Located at 6245 N 35TH Avenue in Phoenix, the property sits near 35th Avenue with access to Downtown Phoenix and Grand Canyon University. The office configuration can accommodate administrative, professional, and service-based business operations.
Located at 6245 N 35TH Avenue in Phoenix, the property sits near 35th Avenue with access to Downtown Phoenix and Grand Canyon University. The office configuration can accommodate administrative, professional, and service-based business operations.
Key Highlights
- 8,779‑square‑foot office property
- Lobby and reception area with private office space
- Utilities included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$150,285
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,005,700
$3.0M
Cap Rate 7%
$2,146,929
$2.1M
Cap Rate 9%
$1,669,833
$1.7M
Market Conditions
NOI Build-Up for 8,779 SF
Gross rent
$269.7K $30.72/SF
− Vacancy
−$69.3K −$7.90/SF
EGI
$200.4K $22.82/SF
− OpEx
−$50.1K −$5.71/SF
NOI
$150.3K $17.12/SF
Area
Phoenix, AZ
Vacancy
25.70%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,005,700
Cap Rate 7%
$2,146,929
Cap Rate 9%
$1,669,833
Alternative Uses
Best Use
Office B
$2.15M
$1.88M – $2.50M
NOI $150,285 @ 7.0% cap · market cap 17,680.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.66M
$2.33M – $3.10M
NOI $186,146 @ 7.0% cap · market cap 21,899.53%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
428
Businesses Nearby
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Business Placement
Demographics for 85017, AZ
45,279
Population
12,743
Households
3.6
Avg Household Size
26
Median Age
11%
College-Educated
65%
High-School Grad
5.3 sq mi
ZIP Area
8,543
Density / Sq Mi
$51,737
Median Household Income
$29,371
Median Earnings
$1,197
Median Rent
$242,900
Median Home Value
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Market
Vacancy Rate% for Office in Phoenix, AZ
Frequently Asked Questions
What type of property is this?
Office unit - Office suite with private rooms, shared parking, included utilities, and community restrooms near Downtown Phoenix.
Where is this office unit located?
The property is located at 6245 N 35TH Avenue 1 Phoenix, AZ.
What are key features of this property?
This property features: 8,779‑square‑foot office property; Lobby and reception area with private office space; Utilities included
