5350 16th St Phoenix, AZ 85016-3213
- Office buildings
- 6,308 SF
- 0.63 lot acres
Current Use by Public Records
- Chiropractic Arts Center / Alternative Medicine Practice
- Dennis Mudd / Insurance Agency
- Barbara's Mastectomy Boutique / Orthotics & Prosthetics Service / Boutique
- Alcorn Law Group, PLLC / Law Firm / Child Welfare Organization
- MTM TAX & ACCOUNTING SERVICES LLC / Accounting Firm / Tax Preparation
Property Details for 5350 16th St
- Year built
- 1974
- Construction
- CONCRETE
- Lot size
- 0.63 lot acres
- Property size
- 6,308 SF
- Zone code
- C-2
- Property type
- Office buildings
- APN
- 162-11-022C
- APU
- 16211022C
Description
This exceptional executive office suite, located at 5350 N 16th Street in Phoenix, Arizona, presents a unique leasing opportunity. The property, zoned C-2, offers a total of 6,308 square feet of retail and office space within a multi-tenant building. Currently, 1,913 square feet of contiguous, vacant space is immediately available for lease, representing a significant portion of the building's total area. This space is ideal for businesses seeking a modern and efficient workspace in a thriving Phoenix location. The minimum leasable space is 1,913 square feet, providing ample room for expansion or accommodating a variety of business needs. The building boasts a convenient parking ratio of 5.87 spaces per 1,000 square feet, ensuring ample parking for tenants and their clients. Situated in Maricopa County, with a zip code of 85016, this property benefits from excellent accessibility and proximity to key amenities. The address is 5350 N 16th St, Phoenix, AZ. This is a fantastic opportunity to establish a presence in a dynamic and desirable area of Phoenix. The available space is perfect for a variety of businesses seeking a well-located and functional office environment. Contact us today to schedule a viewing and explore the possibilities.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,445,000
- AI Estimate
- $2,445,000
Market price range: $624k - $2.45MMarket price range: $384k - $2.45M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,640,000 Current use
- RESTAURANT
- $3,370,000 Change: +105% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $2,665,000 Change: +63% Conversion: Difficult
- RETAIL STORES
- $1,745,000 Change: +7% Conversion: Moderate
- MEDICAL BUILDING
- $1,675,000 Change: +2% Conversion: Easy
- WAREHOUSE, STORAGE
- $1,635,000 Change: -0% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,605,000 Change: -2% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.048
- Latitude
- 33.5158
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA