Office Space
6530 North 16th Street Phoenix, AZ 85014
Details & Description
Price: $1,750,000
    Two exceptional opportunities to purchase a 8,744 SF professional office in the Piestewa Peak Corridor; available for purchase as an owner-user, OR as a NNN sale leaseback with a 7.5% CAP rate.Purchase as an owner-user provides an excellent opportunity to own a well-maintained, spacious commercial office which can be fully occupied by one tenant, or divided into multiple units to generate rental income.This opportunity will provide a new owner with a 7.5% CAP rate through a sale-leaseback with a strong tenant. MGKS, a financial services company of 30 years, is committed to an additional 3 year term on its NNN lease, at $10,930 per month ($15/SF).
    Property Highlights
    Additional Photos
    Listing Agents
    Beth Jo Zeitzer

    O: 602-319-1326
    bjz@roiproperties.com
    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.

    6530 North 16th Street

    Phoenix, AZ 85014

    Listing ID: 258035
    • 6530 North 16th Street Phoenix, AZ 85014 | for Sale | Photo 1
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    • 6530 North 16th Street Phoenix, AZ 85014 | for Sale | Photo 5
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    Building Size: 8,588 SF
    Lot Size: 0.510 AC
    Land Size: 22,215 SF
    Building $/SF: $203.77
    Land $/SF: $78.78
    Price
    $1,750,000
    Property Highlights
    Near E Maryland Avenue and N 16th St with easy access to the 51 Freeway
    35 Spaces 28 Covered 8 Covered
    Gated Entryway Perimeter Security Gate
    Surrounded by New Developments on N 16th St
    Two Options Purchase as Owner-User, OR as a NNN Sale-Leaseback w 7.5 CAP
    Property can be fully occupied by one business, or divided into multiple suites allowing for rental income
    Description

    Two exceptional opportunities to purchase a 8,744 SF professional office in the Piestewa Peak Corridor; available for purchase as an owner-user, OR as a NNN sale leaseback with a 7.5% CAP rate.

    Purchase as an owner-user provides an excellent opportunity to own a well-maintained, spacious commercial office which can be fully occupied by one tenant, or divided into multiple units to generate rental income.

    This opportunity will provide a new owner with a 7.5% CAP rate through a sale-leaseback with a strong tenant. MGKS, a financial services company of 30 years, is committed to an additional 3 year term on its NNN lease, at $10,930 per month ($15/SF).

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    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Phoenix History of Office Space for Sale

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    Phoenix Area Market Trends

    Listing Demographics for 6530 North 16th Street Phoenix, AZ 85014

    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 Population15,655115,429361,407
    Population Median Age414037
    Population by Age0-9 Yrs1668 (10%)12790 (11%)47842 (13%)
    10-19 Yrs1368 (8%)11295 (9%)42957 (11%)
    20-29 Yrs1997 (12%)16473 (14%)54787 (15%)
    30-39 Yrs2667 (17%)18632 (16%)56933 (15%)
    40-49 Yrs2191 (13%)15573 (13%)47075 (13%)
    50-59 Yrs2041 (13%)14864 (12%)45125 (12%)
    60-69 Yrs1777 (11%)12773 (11%)35968 (9%)
    70+ Yrs1947 (12%)13028 (11%)30720 (8%)
    Median HH Income$66,591$61,644$51,929
    Total Household Income< 24K1412 (18%)10749 (20%)35329 (24%)
    25-49K1391 (18%)10939 (20%)35618 (24%)
    50-74K1477 (19%)8841 (16%)24404 (16%)
    75-99K889 (11%)6013 (11%)15680 (10%)
    100-199K1590 (21%)10657 (20%)24163 (16%)
    200K+765 (10%)5292 (10%)11055 (7%)
    Highest Education LevelNo Diploma439719437452
    Diploma or GED20581502553342
    Some College27251836553597
    Assoc. Degree635599718000
    Bachelors Degree34702240251303
    Higher Degree24481555333326
    Total Housing Units8,27959,482165,430
    --Owner-Occupied4,23625,86668,609
    --Renter-Occupied3,29026,62677,639
    Owner-Occupied Values< 100K23413076400
    100-199K456426215701
    200-299K777568715088
    300-399K1131452010836
    400-499K84432446229
    500K+793684614354
    Total Working Age Population12,97495,239286,942
    In Work Force8,96564,707193,743
    Not In Work Force4,00930,53293,200
    Workforce Employed8,52661,596182,659
    Workforce Unemployed4293,05810,937
    Civlian Workforce8,95464,654193,596
    Military Workforce1152147
    Total Households7,52552,491146,248
    Family Households3,32824,26076,046
    Non-Family Households4,19728,23170,202
    Married Couple2,33016,29348,363
    Other Family9987,96727,683
    Married w/Child8786,18320,790
    Single Male w/Child1261,1364,010
    Single Female w/Child3033,01410,980

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Arizona5,130,632+256,392,017+147,286,100+148,284,900
    Maricopa County3,072,149+243,817,117+164,436,900+155,107,700
    Pinal County179,727+109375,770+24466,200+32616,200

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    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.

    Common Questions and Answers

    What is the asking price for 6530 North 16th Street in Phoenix?
    The asking price for 6530 North 16th Street is $1,750,000
    What is the building size of this Office property in Phoenix, AZ?
    The size of the building/unit at 6530 North 16th Street in Phoenix is 8,588 square feet
    How much land does the Phoenix, AZ property at 6530 North 16th Street include?
    6530 North 16th Street in Phoenix includes 0.510 acres of land
    What kind of Office is the propery at 6530 North 16th Street?
    The property at 6530 North 16th Street Phoenix, AZ 85014 is listed as a Professional Office property
    What is the population within 1 mile of 6530 North 16th Street in Phoenix?
    The population within 1 mile of 6530 North 16th Street Phoenix, AZ 85014 is 15,655 people.
    Who do I contact for questions about 6530 North 16th Street?
    You should contact the listing agent, Beth Jo Zeitzer, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Phoenix Sky Harbor International Airport (PHX) 7
    Tucson International Airport / Morris Air National Guard Base (TUS) 117
    McCarran International Airport (LAS) 249
    Price
    $1,750,000
    Listing Agent
    More listings from Beth Jo Zeitzer
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