10828 N Cave Creek Rd Phoenix, AZ 85020
Office building with training room and break room near SR51.
Property Features for 10828 N Cave Creek Rd
General Information
- Standard status
- Active
- Size
- 10,460 SF
- Property subtype
- Office
Building Details
- Year Built
- 1991
Listing office Keyser Commercial Real Estate (602) 953-9737
Listing date Feb 8, 2024
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Within 2 miles of SR51
- Training Room available
- Break Room for staff
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 | $321.3k | $30.72 |
| − Vacancy | −$82.6k | −$7.90 |
| EGI | $238.7k | $22.82 |
| − OpEx | −$59.7k | −$5.71 |
| NOI | $179.1k | $17.12 |
