Single-Story Office Building with
8545 N BLACK CANYON Highway, Phoenix, AZ 85021
Compact office building with remodeled restrooms, wired connectivity, and seven-plus parking spaces near freeway access.
Type:Commercial/Industrial
Property size:
1,720 SFPrice / SF:
$258/SF- Added:
- Aug 2, 2025
- Days on Market:
- 334
- Last Refresh:
- Jun 27 at 3:17 am
Property Features for 8545 N BLACK CANYON Highway
General Information
- Standard status
- Active
- Size
- 1,720 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1980
Listing office HomeSmart (602) 750-5555
Listing date Aug 2, 2025
Source Exitrealty
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 HomeSmart
HighLights
- Office building built in 1980 with a compact layout: 1 open floor office plus 3 full private offices and a conference room
- Includes office furniture and features 2 remodeled bathrooms and a kitchen with a standing desk area
- Cat 5 wiring and a security system with the option of self or paid monitoring
- Air conditioner is routinely maintained
- Zoned C‑1 (Neighborhood Retail/Office) and has been used as a security office in the past
- 7+/- parking spaces and freeway signage updates include a previously granted permit for a 30 ft.+/- high freeway sign and a second monument sign
Overview
This single-story office building includes one open-floor office, three full private offices, a conference room, and a kitchen with a standing-desk setup. The property also features two remodeled bathrooms and a laundry closet. Cat 5 wiring is in place, and an air conditioner is routinely maintained. Office furniture is included, making it easier to prepare the space for an end user or operator. A security system is available with an option for self or paid monitoring.
The building sits right off the I-17 freeway access road with the potential for significant vehicle exposure, as described in the offering. The site is permitted for a large 30 ft.+/- high freeway sign, with renewal possibility noted, and a second monument sign has been installed. Zoning is Commercial C-1, described as neighborhood retail/office, and the property has been used as a security office in the past.
For tenants or buyers seeking a smaller office configuration with dedicated private rooms and a common conference space, this layout can support a range of office-based uses consistent with C-1 neighborhood retail/office zoning. With seven-plus parking spaces and freeway access, the property may be well-suited for teams that value straightforward arrival and on-site work areas. Review the provided documents for additional zoning and potential use information.
The building sits right off the I-17 freeway access road with the potential for significant vehicle exposure, as described in the offering. The site is permitted for a large 30 ft.+/- high freeway sign, with renewal possibility noted, and a second monument sign has been installed. Zoning is Commercial C-1, described as neighborhood retail/office, and the property has been used as a security office in the past.
For tenants or buyers seeking a smaller office configuration with dedicated private rooms and a common conference space, this layout can support a range of office-based uses consistent with C-1 neighborhood retail/office zoning. With seven-plus parking spaces and freeway access, the property may be well-suited for teams that value straightforward arrival and on-site work areas. Review the provided documents for additional zoning and potential use information.
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 | $52.8k | $30.72 |
| − Vacancy | −$13.6k | −$7.90 |
| EGI | $39.3k | $22.82 |
| − OpEx | −$9.8k | −$5.71 |
| NOI | $29.4k | $17.12 |
1,720 SF · lease $30.72/SF/yr · vacancy 25.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$420.6K
$368.1K – $490.7K
NOI $29,444 @ 7.0% cap · market cap 6.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$521.0K
$455.9K – $607.8K
NOI $36,470 @ 7.0% cap · market cap 8.20%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Russell Security
Security Service
CDS Group Inc
Computer & Electronic Repair
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.114598
- Latitude
- 33.560901
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Compact office building with remodeled restrooms, wired connectivity, and seven-plus parking spaces near freeway access.
Where is this office units located?
The property is located at 8545 N BLACK CANYON Highway Phoenix, AZ.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Office building built in 1980 with a compact layout: 1 open floor office plus 3 full private offices and a conference room; Includes office furniture and features 2 remodeled bathrooms and a kitchen with a standing desk area; Cat 5 wiring and a security system with the option of self or paid monitoring
