Listing Agency: CBRE - Phoenix p***@cbre.com Show Phone

Listed By: Philip Wurth, CCIM Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Aug 22 at 1:36PM

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Investment Insights

Based on property information with market context.

This property offers a fully equipped wet lab space with an integrated office component, available for immediate occupancy. The space is located within a 7-story building that features an HVAC air filtration system and a back-up generator. Situated in the Phoenix Bioscience Core, the property benefits from its proximity to light rail and various downtown amenities. The property size is 8897 square feet.

Key Highlights

• Fully equipped wet lab space available for immediate occupancy
• Located in the Phoenix Bioscience Core
• Office component included

Property Analytics

Property Profile

Current Use

Theriome Medical Supply Store 850 North Fifth ... Parking Lot & Garage ChargePoint Charging Station Electric Vehicle Charging Station ElectraTect Inc. Research And Product Development 850 N 5th ... Parking Lot & Garage

Suggested Use

Top Pick Nail Salon (Bike/Boat/Book/etc) Store Tanning Salon Butcher Veterinary Clinic Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

5,170

Businesses Nearby

Explore this area Business Placement

Demographics for 85004, AZ

8,833

Population

6,455

Households

1.4

Avg Household Size

32

Median Age

59%

College-Educated

90%

High-School Grad

2.1 sq mi

ZIP Area

4,206

Density / Sq Mi

$71,250

Median Household Income

$46,376

Median Earnings

$1,759

Median Rent

$365,500

Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$18.83 /SF/Yr

Avg Asking Price

$1.86–$45 /SF/Yr

Price Range

8,467 SF

Avg Space Size

Vacancy Rate% for Office in Phoenix, AZ

14.4% 2019

19.3% 2020

21.7% 2021

24.3% 2022

27.4% 2023

28.5% 2024

26.5% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office units - Wet lab and office space in Phoenix Bioscience Core.

Where is this office units located?

The property is located at 850 N 5th St Phoenix, AZ.

What are key features of this property?

This property features: Fully equipped wet lab space available for immediate occupancy; Located in the Phoenix Bioscience Core; Office component included