High-End Office Condo in
7155 West Campo Bello Drive Glendale, AZ 85308
7155 West Campo Bello Drive, Glendale, AZ, 85308
$983,000
For Sale
$983,000
Premium office condo with tenant in place until September 2026.
Property Size2,659 SF
Price / SF$369.69
Days on Market113
Property Features for 7155 West Campo Bello Drive
General Information
- Standard status
- Active
- Size
- 2,659 SF
- Property subtype
- Office
Building Details
- Year Built
- 2006
Listing agency
SVN | Desert Commercial Advisors
(623) 556-6420
Listed by
Jonathan Levy · License #AZ #SA648012000
(623) 556-6420
Source
Svndesertcommercial
Added: Apr 1 Updated: Jul 10 at 1:16PM Checked: Jul 21 at 6:01AM
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 SVN | Desert Commercial Advisors
Investment Insights
Based on property information with market context.
This high-end office condo is located in the Arrowhead area of Glendale. The unit measures approximately 2,659 square feet and features a professional layout, including a reception area, a break room, and two restrooms. It also contains seven private offices and a large conference or group room measuring approximately 576 square feet. The property has two points of entry and includes six covered reserved parking spaces. There is an opportunity for building fascia signage. The property is currently occupied by a tenant with a lease in place until September 2026, offering immediate short-term income potential. It is also suitable for an owner/occupant. The location provides convenient access to the Loop 101 Freeway and is within walking distance of Arrowhead Towne Center Mall. The association is professionally managed.
Key Highlights
- Tenant in place until September 2026, providing immediate income potential.
- Located in the desirable Arrowhead area of Glendale, near Loop 101 Freeway.
- Walking distance to Arrowhead Towne Center Mall.
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 | $70.2k | $26.40 |
| − Vacancy | −$15.8k | −$5.94 |
| EGI | $54.4k | $20.46 |
| − OpEx | −$13.6k | −$5.12 |
| NOI | $40.8k | $15.35 |
2,659 SF · lease $26.40/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$582.9K
$510.0K – $680.0K
NOI $40,802 @ 7.0% cap · market cap 4.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$835.2K
$730.8K – $974.4K
NOI $58,466 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dr. Mary C. ...
Physician
F W Agency ...
Trucking Company
The Beauty Studios
Hair Salon
R. Jeff Zaragoza, ...
Real Estate Agency
A Vanity Affair Salon
Hair Salon
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FAQs
What type of property is this?
Office units - Premium office condo with tenant in place until September 2026.
Where is this office units located?
The property is located at 7155 West Campo Bello Drive Glendale, AZ.
What is the asking price?
The asking price for this property is $983,000.
What are key features of this property?
This property features: Tenant in place until September 2026, providing immediate income potential.; Located in the desirable Arrowhead area of Glendale, near Loop 101 Freeway.; Walking distance to Arrowhead Towne Center Mall.
