Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Upscale Office Space in Verrado Title is generated by Realmo AI

    4236 & 4252 N Verrado Way, Buckeye, AZ 85396

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Office space in a vibrant mixed-use commercial district.

    Type:Retail, Office
    Property size:
    35,000 SF
    Added:
    Feb 13, 2021
    Days on Market:
    1939
    Last Refresh:
    May 12 at 10:53 pm

    Property Features for 4236 & 4252 N Verrado Way

    General Information

    Standard status
    Active
    Size
    35,000 SF
    Property subtype
    Retail, Office

    Building Details

    Year Built
    2008

    Spaces For Lease

    at 4236 & 4252 N Verrado Way Contact us

    Davis Building - 1st Floor - Suite 100 $40/Mo

    Size
    1,030 SF
    Type
    Retail, Office
    Lease rate $40.00/sf, Modified GrossnParking 2 covered reserved for $65
    Contact us

    We can help!

    Listing Contact
    James DeCremer
    James DeCremer

    Listing agent James DeCremer License #AZ#SA539334000

    Listing office Avison Young - Phoenix

    Listing date Feb 13, 2021

    Source Crexi

    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 Avison Young - Phoenix

    HighLights

    • Located in Verrado's Main Street district, a vibrant mixed‑use commercial hub.
    • Part of the rapidly growing city of Buckeye, Arizona, near Phoenix and California markets.
    • Located within the Verrado master‑planned community with an engaging lifestyle and amenities.
    • Close proximity to Sunrise Market, a new Class A retail development.
    • Located in Verrado, a modern community nestled in the foothills of the White Tank Mountains.
    • Part of a community with recreational trails, facilities and community celebrations.

    Overview

    Located within Verrado’s Main Street district, the property is an upscale office space conveniently situated in the central hub of Verrado, with several essential amenities nearby. The property is located within a lively mixed-use commercial district at the heart of Verrado, featuring an excellent mix of shops, dining, health, wellness and service providers. A variety of office and service tenants can be found within the Verrado at Main Street Office Buildings, offering a large service community to the surrounding Verrado area. Verrado is a modern growing community nestled on over 8,800 acres in the foothills of the White Tank Mountains, north of Interstate 10 along Verrado Way. Verrado exudes all the charm of America’s historic small towns, with its engaging lifestyle and amenities, offering friendly neighborhoods, recreational trails, state-of-the-art facilities and community celebrations. Buckeye is the westernmost city in Metro Phoenix and a gateway to California markets. A brand new, class A, retail development has over ±35,000 square feet of retail space planned at Sunrise Market in Verrado Town Center. Sunrise Market at Village Street and Sunrise Lane in Verrado will mirror Main Street’s pedestrian-friendly, small town American appeal, integrating modern architectural elements that pay homage to the West Valley’s agricultural heritage, along with greenery, trees and community spaces. Sunrise Market will be a hub for shopping, restaurants, and services.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sol Power Solutions Corporate Office Ryan David Ambrose Physician TK LUXURY GROUP Real Estate Agency Vision Wellness Physician Skin By Oksana Spa & Massage Center

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Buckeye
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.513896
    Latitude
    33.495415

    Nearby Similar for Lease

    • Contact for pricing
      1,032 SF

      Upscale Office Space in Buckeye

      Office space in a lively mixed-use commercial district.
      4236 & 4252 N Verrado Way, Buckeye, Arizona 85396
      View Details
    • Contact for pricing
      6,400 SF

      Retail Buildings for Lease

      Two 6,400 SF retail buildings available for lease.
      25055 West Southern Avenue, Buckeye, AZ 85326
      View Details
    • Contact for pricing
      1 SF

      Retail Space in Village Grove

      Retail space available for lease in Village Grove.
      4101 Jackrabbit Trail, Buckeye, AZ 85340
      View Details
    • Contact for pricing
      22,883 SF

      Buckeye Warehouse Space Available

      22,883 sq ft warehouse space for lease in Buckeye.
      835 North 215th Avenue, Buckeye, AZ 85326
      View Details
    • Contact for pricing
      5,952 SF

      Retail Space Near I-10 Freeway

      High-visibility retail space with easy access to I-10.
      20570 W Roosevelt St, Buckeye, AZ
      View Details
    • Contact for pricing
      3,642 SF

      Retail Space Near Future Hospital

      Retail space with high visibility near upcoming Abrazo Health campus.
      20640 W Roosevelt St, Buckeye, AZ
      View Details
    • Contact for pricing

      Healthcare Property Available For Sublease

      Sublease opportunity near planned Abrazo and Banner Hospitals.
      865 South Watson Road, Buckeye, AZ, 85326
      View Details
    • $0.01 SF/Yr
      4,800 SF

      Retail Space with Natural Grocer

      Retail space available for lease, anchored by Sprouts.
      W Roosevelt St & N Verrado Way, Buckeye, AZ
      View Details
    • Contact for pricing
      3,037 SF

      Anchored Power Center Retail Space

      Retail space in a multi-anchored power center.
      946 S Watson Rd, Buckeye, AZ
      View Details
    • Contact for pricing
      3,300 SF

      Verrado Medical Office Sublease

      3,300 SF former oral surgery office for sublease.
      20755 W McDowell Rd, Buckeye, AZ 85396
      View Details
    • Contact for pricing
      31,200 SF

      Buckeye Retail Power Center Space

      Multi-anchored power center serving Phoenix's west and surrounding areas.
      500 S Watson Rd, Buckeye, AZ
      View Details
    • Contact for pricing
      5,002 SF

      Buckeye Office Space Available

      Office space available in Buckeye, Arizona, spanning 5,002 SqFt.
      2640 N Verrado Way, Buckeye, AZ 85396
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Office space in a vibrant mixed-use commercial district.
    Where is this mixed-use property located?
    The property is located at 4236 & 4252 N Verrado Way Buckeye, AZ.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: Located in Verrado's Main Street district, a vibrant mixed‑use commercial hub.; Part of the rapidly growing city of Buckeye, Arizona, near Phoenix and California markets.; Located within the Verrado master‑planned community with an engaging lifestyle and amenities.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing James DeCremer
    James DeCremer
    Real Estate License ID: AZ#SA539334000
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4236 & 4252 N Verrado Way, Buckeye, AZ 85396
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!