Owner-User Office
For Sale
Contact for pricing
7201 N 7th St, Phoenix, AZ 85020
Office building with prominent 7th Street frontage, suited for owner-users and 1031 buyers.
Property Size2,001 SF
Price / SF$499.75
Days on Market25
Property Features for 7201 N 7th St
General Information
Standard status
Active
Size
2,001 SF
Property subtype
OFFICE
Additional Details
Road Access
Yes
Listing Agency:
LevRose Commercial Real Estate
(602) 376-9797
Listed By:
Sean Lieb · License #742FA625-6C3D-44FC-A693-98BC8ACBDB82
(602) 376-9797
Source:
Moodyscre
Added: Jul 6
Changed: Jul 26
Last Checked: Jul 29 at 2:33PM
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 LevRose Commercial Real Estate
Investment Insights
Based on property information with market context.
This office building presents an owner-user opportunity, with a configuration well suited to buyers looking to occupy the space themselves. The property features 7th Street frontage, providing visibility from a main corridor.
Located at 7201 N 7th St in Phoenix, AZ 85020, the building is described as being in a prominent trade area. It is noted to be in proximity to the Safeway shopping center, as well as private and public schools and a mix of national and local restaurants.
Overall, the property’s combination of street frontage and nearby retail and services supports straightforward day-to-day access for an owner-occupied office use.
Located at 7201 N 7th St in Phoenix, AZ 85020, the building is described as being in a prominent trade area. It is noted to be in proximity to the Safeway shopping center, as well as private and public schools and a mix of national and local restaurants.
Overall, the property’s combination of street frontage and nearby retail and services supports straightforward day-to-day access for an owner-occupied office use.
Key Highlights
- Office building with prominent frontage on 7th Street
- Suitable for owner‑user use
- Listed as a fit for 1031 buyers
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 | $61.5k | $30.72 |
| − Vacancy | −$15.8k | −$7.90 |
| EGI | $45.7k | $22.82 |
| − OpEx | −$11.4k | −$5.71 |
| NOI | $34.3k | $17.12 |
2,001 SF · lease $30.72/SF/yr · vacancy 25.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$489.4K
$428.2K – $570.9K
NOI $34,255 @ 7.0% cap · market cap 3.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$606.1K
$530.4K – $707.1K
NOI $42,428 @ 7.0% cap · market cap 4.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
547
Businesses Nearby
Explore this area
Business Placement
Demographics for 85020, AZ
34,534
Population
18,231
Households
1.9
Avg Household Size
43
Median Age
43%
College-Educated
90%
High-School Grad
8.8 sq mi
ZIP Area
3,924
Density / Sq Mi
$78,412
Median Household Income
$48,230
Median Earnings
$1,389
Median Rent
$400,800
Median Home Value
Market
Vacancy Rate% for Office in Phoenix, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building with prominent 7th Street frontage, suited for owner-users and 1031 buyers.
Where is this office building located?
The property is located at 7201 N 7th St Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Office building with prominent frontage on 7th Street; Suitable for owner‑user use; Listed as a fit for 1031 buyers
