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

Listed By: Joe Pequeno · License #SA625844000 Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 10 Last Checked: Aug 20 at 7:39AM

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Investment Insights

Based on property information with market context.

This property offers modern office space featuring secured gated parking. The location provides convenient access to local amenities and services.

Key Highlights

• Modern office space
• Secured gated parking
• Local amenities

Property Analytics

Property Profile

Current Use

Maloney Plumbing & Drain ... Plumbing Service Peace & Love Behavioral ... Medical Clinic First Choice Concrete ... Construction Company Fourth Wall Photo ... (Bike/Boat/Book/etc) Store Hayes Mechanical General Contractor

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Daycare Center Computer & Electronic Repair Nail Salon

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

$2.40 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

2,027

Businesses Nearby

Explore this area Business Placement

Demographics for 85020, AZ

34,534

Population

18,231

Households

1.9

Avg Household Size

43

Median Age

43%

College-Educated

90%

High-School Grad

8.8 sq mi

ZIP Area

3,924

Density / Sq Mi

$78,412

Median Household Income

$48,230

Median Earnings

$1,389

Median Rent

$400,800

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

This space is priced 15% below the average of $18.83 /SF/Yr.

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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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Modern office space with secured gated parking and local amenities.

Where is this office units located?

The property is located at 9119 North 7th Street Phoenix, AZ.

What is the lease rate?

The lease rate is $16 SF/Yr.

What are key features of this property?

This property features: Modern office space; Secured gated parking; Local amenities