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    7227 16Th St Phoenix, AZ 85020

    Sponsored
    For Lease
    $21 SF/Yr

    Prime Phoenix Office, Multiple Tenancies Available

    Lot size:
    101,051 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Pointe Business Plaza, located at 7227 N 16th St, Phoenix, AZ 85020, presents a compelling investment opportunity in the thriving Maricopa County market. This established office complex, built in 1982, offers a total of 101,051 square feet of versatile space, currently configured for multiple tenancies. The property boasts a substantial amount of readily available space, with 8,868 square feet currently vacant and ready for immediate occupancy. This presents a unique chance to secure prime office space in a well-established building. The building's design caters to both traditional office needs and executive suites, providing flexibility for a variety of businesses. The ample parking provision, with a ratio of 5 spaces per 1,000 square feet, ensures convenient parking for tenants and visitors. The property's location in Phoenix offers easy access to major transportation routes, enhancing its appeal to businesses seeking a strategic location. The "New Look Pointe Business Plaza" reflects recent improvements and upgrades, making this a highly attractive option for businesses seeking modern, functional office space in a desirable area. This is an excellent opportunity to establish or expand your business in a well-maintained and conveniently located office building. Contact us today to learn more about leasing opportunities.

    Property Features for 7227 16Th St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    101,051 SF
    Total Rate
    176839.25

    Building Details

    Year Built
    1982

    Unit(s) available at that property

    Space
    Suites 190 & 195
    Size
    10,529 SF
    Rate per SF
    $21
    Space
    Suite 124
    Size
    1,401 SF
    Rate per SF
    $21
    Space
    Suite 195
    Size
    5,554 SF
    Rate per SF
    $21
    Space
    Suite 190
    Size
    4,975 SF
    Rate per SF
    $21

    HighLights

    • Recently renovated Pointe Business Plaza, offering 101,051 square feet of office space in Phoenix, AZ.
    • Excellent access to SR‑51, 10 minutes from Sky Harbor Airport, and 5 minutes from the Camelback Corridor.
    • Centrally located with mountain views.
    • Ample parking (5 spaces per 1,000 sq ft), including covered spaces.
    • Move‑in ready suites available.
    • On‑site maintenance and day porter services.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wyatt Financial Group Financial Planner Ayers & Brown PC Family Law Attorney Griffin Susanne Psychologist Mayer Gerald S ... Psychologist Catherine S. O'connell, ... Psychologist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.0473867
    Latitude
    33.5424426

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Phoenix Office, Multiple Tenancies Available
    Where is this office property / space located?
    The property is located at 7227 16Th St Phoenix, AZ.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: Recently renovated Pointe Business Plaza, offering 101,051 square feet of office space in Phoenix, AZ.; Excellent access to SR-51, 10 minutes from Sky Harbor Airport, and 5 minutes from the Camelback Corridor.; Centrally located with mountain views.
    Request Owner's contact information
    7227 16Th St Phoenix, AZ 85020
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    Phoenix, AZ 85020
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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
    7227 16Th St Phoenix, AZ 85020
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