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Investment Highlights

  • Strong population growth projected within a five-mile radius over the next five years
  • Approximately 20 miles from Phoenix Sky Harbor International Airport
  • Easy connectivity to Interstate 17 and Loop 101 for regional access
  • Situated on a 0.98-acre parcel with commercial zoning.

Executive Summary

This property at 15648 N 35th Avenue offers a compelling opportunity for investors seeking a well-positioned office asset in Phoenix’s Deer Valley/Airport submarket. The site spans approximately 0.98 acres and benefits from strong connectivity to major transportation routes, including Interstate 17 and Loop 101, providing efficient access across the Phoenix metropolitan area. The surrounding area features a diverse mix of commercial and residential developments, supporting a stable tenant base and long-term growth potential.
Phoenix continues to experience robust population and household growth, with projections indicating nearly 8% expansion within a five-mile radius over the next five years. This demographic trend, combined with the property’s proximity to retail, banking, and fitness amenities, enhances its appeal for professional services and medical office users. Investors will appreciate the property’s location within a thriving economic corridor, offering both immediate income potential and long-term appreciation prospects.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Medical
Building Size
5,627 SF
Building Class
B
Year Built
1984
Price
$1,900,000
Price Per SF
$337.66
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,627 SF
Building FAR
0.13
Lot Size
0.98 AC
Zoning
C-T - Commercial

Amenities

  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste C
  • 5,454 SF
  • Office
  • Full Build-Out
  • Now

For Sale or for Lease

Space Size Space Use Condition Available
1st Fl-Ste C 5,454 SF Office Full Build-Out Now

1st Fl-Ste C

Size
5,454 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste C

Size 5,454 SF
Space Use Office
Condition Full Build-Out
Available Now

For Sale or for Lease

Walk Score®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 207-15-028C
  • 207-15-028B
Land Assessment
$38,701
Improvements Assessment
$0
Total Assessment
$315,586
  • Listing ID: 33994519

  • Date on Market: 11/25/2024

  • Last Updated:

  • Address: 15648 N 35th Ave, Phoenix, AZ 85053

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