5060 Building

Off Market

5060 North 40th Street, Phoenix, AZ 85018

  • Office
  • General Office
  • 28,628 Sqft

5060 Building, Phoenix, AZ 85018 - Office Space

5060 Building is located at 5060 North 40th Street in the Biltmore neighborhood, AZ, Phoenix, 85018. The Class B Office building was completed in 1983 and features a total of 28,628 Sqft.

There are 209 office spaces for lease in the Biltmore neighborhood, totaling 1,152,309 Sqft of available office space. The office space availability for the 85018 zip code is 218,228 Sqft, in 53 office spaces. The average asking office rent per sq. ft. in Biltmore is $31.8/sqft/year. For Class A office buildings the average office rate is $36.04/sqft/year, for Class B office buildings the average office rate is $28.59/sqft/year, for Class C office buildings the average office rate is $27.43/sqft/year.

In Biltmore, there are 37 class B office buildings. In Biltmore, there are a total of 8 LEED certified office buildings. In 1983, the same year 5060 Building was built, 182 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Phoenix, featuring 1,698,085 square feet of commercial space. At zip code level, there are 36 commercial properties, of which 20 are office buildings over 50,000 square feet.

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Details

  • City Phoenix
  • Neighborhood Biltmore
  • Zip Code 85018
  • Market Phoenix
  • Property Type Office - General Office
  • Property Size 28,628 Sqft
  • Lot Size 2.65 Acre
  • Parking Spaces Avail. 85
  • Parking Ratio 3.00/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1983
  • Date Updated 07 Apr, 2020

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 5060 Building?

5060 Building totals 28,628 square feet.

When was this property built?

5060 Building was built in 1983.

Biltmore Demographics

The average household income in zip code 85018 is $114,270, from a total of 17,207 households. In terms of employment, there are 90.64 % white-collar and 9.36 % blue-collar jobs in zip code 85018.

Population

  • Total Population35,167
  • Male Population(51.3 %) 18,049
  • Female Population(48.7 %) 17,118
  • Median Age38.40

Income/Financial

  • Average Household Income$91,185
  • Median Household Income$56,423
  • Median Income Under 25$33,400
  • Median Income 25-44$64,150
  • Median Income 45-64$59,905
  • Median Income Over 65$48,967