Office Suite with Conference
8821 N 7TH Street 100 Phoenix, AZ 85020
For Sale
$429,000
Spacious office suite with open main area, private conference room, break room kitchenette, and accessible restroom with grab bars.
Property Size2,593 SF
Price / SF$165.45
Days on Market321
Property Features for 8821 N 7TH Street 100
General Information
- Standard status
- Active
- Size
- 2,593 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1973
Listing Agency:
HomeSmart
(623) 332-4116
Listed By:
Ali Al-Asady · License #SA542527000
(623) 332-4116
Source:
Exitrealty
Added: Sep 6, 2025
Changed: Jul 23
Last Checked: Jul 23 at 5:57PM
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
Investment Insights
Based on property information with market context.
For sale is an office unit located at 8821 N 7TH Street 100 in Phoenix. The space features a spacious, open layout with soaring ceilings, tile flooring, and bright, welcoming lighting designed for functional day-to-day operations.
The suite includes a large main area for flexible use, along with a private conference room for professional meetings. A break room with kitchenette supports staff comfort during the workday, and the unit offers an accessible restroom with grab bars.
This versatile configuration is well suited for office use and also supports storefront-type layouts, depending on the needs of the buyer. The property is presented as being in a high-traffic location, offering visibility and convenience for incoming clients and visitors.
The suite includes a large main area for flexible use, along with a private conference room for professional meetings. A break room with kitchenette supports staff comfort during the workday, and the unit offers an accessible restroom with grab bars.
This versatile configuration is well suited for office use and also supports storefront-type layouts, depending on the needs of the buyer. The property is presented as being in a high-traffic location, offering visibility and convenience for incoming clients and visitors.
Key Highlights
- Spacious office suite with open main area and bright lighting
- Large main area offers flexible layout options
- Private conference room for meetings
Financial Insights For Retail
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 | $46.7k | $18.00 |
| − Vacancy | −$4.8k | −$1.85 |
| EGI | $41.9k | $16.15 |
| − OpEx | −$12.6k | −$4.84 |
| NOI | $29.3k | $11.30 |
2,593 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Office B
$634.1K
$554.9K – $739.8K
NOI $44,389 @ 7.0% cap · market cap 10.35%
Second Best
Retail
$418.7K
$366.3K – $488.5K
NOI $29,307 @ 7.0% cap · market cap 6.83%
Theoretical Best
Office A
$785.4K
$687.3K – $916.4K
NOI $54,981 @ 7.0% cap · market cap 12.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
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FAQs
What type of property is this?
Office units - Spacious office suite with open main area, private conference room, break room kitchenette, and accessible restroom with grab bars.
Where is this office units located?
The property is located at 8821 N 7TH Street 100 Phoenix, AZ.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Spacious office suite with open main area and bright lighting; Large main area offers flexible layout options; Private conference room for meetings
