15255 North 40th Street

Phoenix, AZ 85032

Listing ID: 214494

$23.00 (SF / Year)

For Lease

Property Type Office : Professional
Unit Sq Ft Range 1,070 - 2,050
Annual Rate/Sq Ft $23.00
Monthly Price Range $2,050.00 - 3,929.00
Service Type Mod. Gross

15255 North 40th Street Phoenix, AZ 85032 - main image

15255 North 40th Street Phoenix, AZ 85032 - alt image 2

Description

Description
Greenway Professional Park is located on 40th St just south of Greenway Rd. The focus and target will be to find users that want to be in the Paradise Valley submarket but do not want to pay the higher premiums that other buildings charge. Also, there are limited options with build out move-in ready office space in the sub-market that offer signage. We will need to use a very aggressive approach picking up the phone, knocking doors, sending out mailers, and follow-up. We have had a lot of success in this submarket filling up the building at 4921 E Bell Rd, leasing assignment for the medical complex up the street at 16220 N 40th St as well as working this assignment and leasing it up back in 2019 and understand that it will take some grit to land tenants here.
Highlights
Building Suites within Office Park
3,120 SF
For Lease
Suite 113/109: $23 MG

Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		15,070	138,425	262,317
Population Median Age		40	40	40
Population by Age	0-9 Yrs	1558 (10%)	16062 (11%)	29747 (11%)
	10-19 Yrs	1788 (11%)	16347 (11%)	28622 (10%)
	20-29 Yrs	1855 (12%)	16549 (11%)	33175 (12%)
	30-39 Yrs	1988 (13%)	21521 (15%)	38445 (14%)
	40-49 Yrs	2403 (15%)	17989 (12%)	33414 (12%)
	50-59 Yrs	2333 (15%)	18992 (13%)	37184 (14%)
	60-69 Yrs	1965 (13%)	16694 (12%)	32184 (12%)
	70+ Yrs	1179 (7%)	14271 (10%)	29547 (11%)

Median HH Income		$69,819	$68,353	$71,635
Total Household Income	< 24K	590 (10%)	8079 (14%)	16204 (15%)
	25-49K	1115 (20%)	11481 (21%)	21532 (20%)
	50-74K	1197 (22%)	9773 (18%)	18165 (16%)
	75-99K	719 (13%)	8281 (15%)	15195 (14%)
	100-199K	1476 (27%)	12625 (23%)	25248 (23%)
	200K+	301 (5%)	3709 (6%)	10841 (10%)

Highest Education Level	No Diploma	1085	9442	15504
	Diploma or GED	2598	18731	35292
	Some College	2680	23150	43652
	Assoc. Degree	910	8688	15495
	Bachelors Degree	2410	24579	49277
	Higher Degree	1189	14377	30320

Total Housing Units		5,718	57,602	116,987
--Owner-Occupied		4,024	34,197	66,560
--Renter-Occupied		1,375	19,751	40,624
Owner-Occupied Values	< 100K	252	2511	5846
	100-199K	697	5023	9006
	200-299K	1248	10018	15925
	300-399K	1005	8007	14324
	400-499K	503	4409	8522
	500K+	319	4229	12937

Total Working Age Population		12,541	112,423	215,084
In Work Force		8,505	76,116	145,465
Not In Work Force		4,036	36,307	69,619
Workforce Employed		8,046	72,947	139,867
Workforce Unemployed		452	3,161	5,572
Civlian Workforce		8,498	76,108	145,439
Military Workforce		7	8	26

Total Households		5,398	53,949	107,184
Family Households		3,583	33,762	64,985
Non-Family Households		1,815	20,187	42,199
Married Couple		2,652	24,923	48,747
Other Family		930	8,838	16,238
Married w/Child		875	9,761	18,294
Single Male w/Child		147	1,457	2,810
Single Female w/Child		208	2,762	4,972

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Arizona	5,130,632	+25	6,392,017	+14	7,286,100	+14	8,284,900
Maricopa County	3,072,149	+24	3,817,117	+16	4,436,900	+15	5,107,700

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.