Class A Multi-Tenant Office
For Lease
Contact for pricing
7740 N 16th St, Phoenix, AZ 85020
Class A multi-tenant office building with a parking structure and card-access security system.
Property Size5,948 SF
Days on Market809
Property Features for 7740 N 16th St
General Information
Standard status
Active
Size
5,948 SF
Class
A
Property subtype
OFFICE
Lease Type
SF/yr
Additional Details
Highway Access
Yes
Amenities
parking structure
card access security system
balconies
mountain views
Building Details
Tenancy
Multi
Listing Agency:
Lee & Associates | Phoenix
(602) 694-3964
Listed By:
Bill Blake, SIOR
(602) 694-3964
Source:
Moodyscre
Added: May 13, 2024
Changed: Jul 26
Last Checked: Jul 30 at 1:45PM
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 Lee & Associates | Phoenix
Investment Insights
Based on property information with market context.
This Class A multi-tenant office building is part of Phase II of a two-phase project and includes a parking structure along with card access security system. The 3rd and 4th floors offer balconies, and the building is positioned to provide views of Squaw Peak and the Phoenix Mountain Preserve.
Access is available within a quarter-mile to the Squaw Peak Freeway, and the property is adjacent to the Hilton Pointe Resort. Downtown Phoenix and Sky Harbor International Airport are each approximately 15 minutes away.
The building is designed for multi-tenant occupancy, with exterior balcony space on the upper floors and secure access controlled by the on-site card system.
Access is available within a quarter-mile to the Squaw Peak Freeway, and the property is adjacent to the Hilton Pointe Resort. Downtown Phoenix and Sky Harbor International Airport are each approximately 15 minutes away.
The building is designed for multi-tenant occupancy, with exterior balcony space on the upper floors and secure access controlled by the on-site card system.
Key Highlights
- Class A multi‑tenant office building with a parking structure
- Card‑access security system
- 3rd and 4th floor balconies
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$4.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,357
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
Lease Benchmarks for Phoenix, AZ
$25.81 /SF/Yr
Avg Asking Price
$11.95–$47 /SF/Yr
Price Range
54,830 SF
Avg Space Size
This space is priced 24% above the average of $25.81 /SF/Yr.
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 - Class A multi-tenant office building with a parking structure and card-access security system.
Where is this office building located?
The property is located at 7740 N 16th St Phoenix, AZ.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: Class A multi‑tenant office building with a parking structure; Card‑access security system; 3rd and 4th floor balconies
