4616 North 51st Avenue

For Sale$5,000,000/Sqft

4616 North 51st Avenue, Phoenix, AZ 85031

  • Office

4616 North 51st Avenue, Phoenix, AZ 85031 - Office Space

4616 North 51st Avenue is located at 4616 North 51st Avenue in the Maryvale neighborhood, AZ, Phoenix, 85031. The Class B Office building was completed in 1980 and features a total of 41,956 Sqft.

There are 44 office spaces for lease in the Maryvale neighborhood, totaling 138,050 Sqft of available office space. The office space availability for the 85031 zip code is 34,002 Sqft, in 10 office spaces. The average asking office rent per sq. ft. in Maryvale is $19.91/sqft/year. For Class A office buildings the average office rate is $25.56/sqft/year, for Class B office buildings the average office rate is $15.39/sqft/year.

In Maryvale, there are 14 class B office buildings. In 1980, the same year 4616 North 51st Avenue was built, 193 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Phoenix, featuring 5,465,653 square feet of commercial space. At zip code level, there are 25 commercial properties, of which 1 are office buildings over 50,000 square feet.

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Details

  • Price $5,000,000/Sqft
  • City Phoenix
  • Neighborhood Maryvale
  • Zip Code 85031
  • Property Type Office
  • Property Size 41,956 Sqft
  • Lot Size 2.5 Acre
  • Building Class B
  • Year Built 1980
  • Date Updated 12 Feb, 2021

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 4616 North 51st Avenue?

4616 North 51st Avenue totals 41,956 square feet.

When was this property built?

4616 North 51st Avenue was built in 1980.

Maryvale Demographics

The average household income in zip code 85031 is $48,252, from a total of 7,948 households. In terms of employment, there are 54.14 % white-collar and 45.86 % blue-collar jobs in zip code 85031.

Population

  • Total Population237,121
  • Male Population(50.0 %) 118,527
  • Female Population(50.0 %) 118,594
  • Median Age28.10

Income/Financial

  • Average Household Income$55,595
  • Median Household Income$40,584
  • Median Income Under 25$31,876
  • Median Income 25-44$39,358
  • Median Income 45-64$48,205
  • Median Income Over 65$35,854

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