Flexible Office
For Sale
Contact for pricing
7401 E Easy Street, Carefree, AZ 85377
Configurable office suites can be occupied together or separately in Carefree’s town center.
Property Size3,557 SF
Price / SF$1.97
Days on Market55
Property Features for 7401 E Easy Street
General Information
Standard status
Active
Size
3,557 SF
Property subtype
Comm/Industry Lease
Listing Agency:
Desert Dream Realty
(480) 252-8300
Listed By:
Michael Ragains
(480) 216-5483
Source:
Lisaroberts
Added: Aug 26
Changed: Oct 8
Last Checked: Oct 16 at 8:51AM
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 Desert Dream Realty
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Investment Insights
Based on property information with market context.
This office property at 7401 E Easy Street provides 3557 square feet of adaptable workspace with five bathrooms. The configuration supports occupancy of the entire building or selected portions, offering flexibility for users seeking office space in a smaller or larger format.
The building is positioned in the town center of Carefree, Arizona. It was built by Carefree pioneer Harry Vardakis, giving the property a documented connection to the community’s history while serving as a functional office setting.
The building is positioned in the town center of Carefree, Arizona. It was built by Carefree pioneer Harry Vardakis, giving the property a documented connection to the community’s history while serving as a functional office setting.
Key Highlights
- 3557 square feet of office space
- Five bathrooms
- Flexible configuration for full‑building or partial occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,715
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,234,300
$1.2M
Cap Rate 7%
$881,643
$881.6K
Cap Rate 9%
$685,722
$685.7K
Market Conditions
NOI Build-Up for 3,557 SF
Gross rent
$108.8K $30.60/SF
− Vacancy
−$26.6K −$7.47/SF
EGI
$82.3K $23.13/SF
− OpEx
−$20.6K −$5.78/SF
NOI
$61.7K $17.35/SF
Area
Maricopa County, AZ
Vacancy
24.40%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,234,300
Cap Rate 7%
$881,643
Cap Rate 9%
$685,722
Alternative Uses
Best Use
Office B
$881.6K
$771.4K – $1.03M
NOI $61,715 @ 7.0% cap · market cap 881.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.10M
$962.7K – $1.28M
NOI $77,019 @ 7.0% cap · market cap 1,100.27%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
813
Businesses Nearby
Explore this area
Business Placement
Demographics for 85377, AZ
3,515
Population
2,258
Households
1.6
Avg Household Size
65
Median Age
64%
College-Educated
99%
High-School Grad
8.6 sq mi
ZIP Area
409
Density / Sq Mi
$143,315
Median Household Income
$58,147
Median Earnings
$1,685
Median Rent
$1,058,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office units - Configurable office suites can be occupied together or separately in Carefree’s town center.
Where is this office units located?
The property is located at 7401 E Easy Street Carefree, AZ.
What are key features of this property?
This property features: 3557 square feet of office space; Five bathrooms; Flexible configuration for full‑building or partial occupancy
