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    4602 16Th St Phoenix, AZ 85016

    Sponsored
    For Lease
    $19 SF/Yr

    Camelback Corridor medical & office suites available.

    Lot size:
    19,518 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Atrium, located at 4602 N 16th St, Phoenix, AZ 85016, offers versatile office space in the desirable Camelback Corridor, East Phoenix submarket. This Class B, three-story building, constructed in 1980, totals 19,518 square feet and sits on a 0.68-acre lot. The property features one elevator and ample parking (5.25 spaces per 1,000 square feet). Suites range from a minimum of 1,700 square feet to a maximum contiguous space of 8,117 square feet, with a total of five suites available across multiple tenancies. The building is zoned C-2 and its APN is 155-02-001H. Its convenient location offers easy access to 16th Street, just south of Highland, and provides easy pull-up parking. The property's diverse subtypes include Medical Office, Traditional Office, R&D, Creative Office, and Executive Office spaces, making it suitable for a variety of businesses. Numerous amenities are nearby, and the location offers convenient access to SR-51. The cross streets are 16th Street and Meadowbrook.

    Property Features for 4602 16Th St

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,518 SF
    Class
    B
    Total Rate
    30903.5

    Building Details

    Year Built
    1980
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 300
    Size
    8,117 SF
    Rate per SF
    $19
    Space
    Suite 200
    Size
    3,813 SF
    Rate per SF
    $19

    HighLights

    • High‑visibility building signage.
    • Suite restrooms.
    • Ample on‑site parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    NoesisPharma Clinical Trials Pharmacy Lee Ann Kelley, ... Psychiatrist BioAccel Non-Profit Organization Andrea Arrieta Counselor Ken Lepinskas Dentist

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.04752408451
    Latitude
    33.503768832605

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    FAQs

    What type of property is this?
    Life science property - Camelback Corridor medical & office suites available.
    Where is this life science property located?
    The property is located at 4602 16Th St Phoenix, AZ.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: High-visibility building signage.; Suite restrooms.; Ample on-site parking.
    Request Owner's contact information
    4602 16Th St Phoenix, AZ 85016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4602 16Th St Phoenix, AZ 85016
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