6040 North 7th Street

Off-Market

6040 North 7th Street, Phoenix, AZ 85014

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - Medical Office
  • Property Size 25,224 SF
  • Lot Size 1.42 Acre
  • Parking Spaces Avail. 70
  • Parking Ratio 2.81 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1975

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Phoenix

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Phoenix Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $26.13
  • 2022 Office Vacancy Rate 19.66%
  • 2022 Office Completions (SF) 477,775

Phoenix Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $260.15
  • Y-o-Y Avg. PpSF Change 23.16%
  • 2022 Office Sales Volume $1.4B
  • 2022 Number of Transactions 76
View more Phoenix market trends

Location

Getting Around

  • Walk Score ®

    64/100 Somewhat Walkable

  • Transit Score ®

    45/100 Some Transit

  • Bike Score ®

    68/100 Bikeable
Powered by Walk Score ®
  • City Phoenix, AZ
  • Neighborhood Camelback East
  • Zip Code 85014
  • Market Phoenix

Points of Interest

  • Central Ave/ Camelback

    1.26 miles

  • 7th Ave/ Camelback

    1.49 miles

  • Campbell/ Central Ave

    1.70 miles

  • 19th Ave/ Montebello

    1.98 miles

  • Indian School/ Central Ave

    2.08 miles

  • Glendale/ 19th Ave

    2.14 miles

  • 19th Ave/ Camelback

    2.19 miles

  • Osborn/ Central Ave

    2.69 miles

  • Northern/ 19th Ave

    2.71 miles

  • Thomas/ Central Ave

    3.07 miles

  • Shell

    0.43 miles

  • Chevron

    0.95 miles

  • propane

    0.95 miles

  • Circle K

    0.96 miles

  • Circle K

    0.98 miles

  • Camelback Chevron

    1.11 miles

  • Blink

    1.40 miles

  • Chevron

    1.42 miles

  • Sinclair

    1.47 miles

  • QuikTrip

    1.69 miles

  • Light Rail Park-n-Ride

    1.28 miles

  • Lot E

    1.72 miles

  • Lot A

    1.76 miles

  • Myrtle Tunnel Trail Head

    1.82 miles

  • Lot C

    1.87 miles

  • Lot B

    1.87 miles

  • 19th Ave and Montebello Park and Ride

    1.95 miles

  • Lot D

    1.99 miles

  • Metro Rail Park'n'Ride

    2.18 miles

  • 4041 Central Plaza Garage

    2.20 miles

  • hotel 502 on Camelback

    1.36 miles

  • Extended Stay America - Phoenix - Biltmore

    1.36 miles

  • Holiday Inn Phoenix-Midtown

    1.81 miles

  • Hilton Phoenix Resort at the Peak

    1.95 miles

  • Sonesta Select Phoenix Camelback

    2.09 miles

  • Homewood Suites by Hilton Phoenix-Biltmore

    2.11 miles

  • Best Western Inns and Suites

    2.28 miles

  • Hilton Garden Inn Phoenix Midtown

    2.31 miles

  • Hampton Inn Phoenix-Biltmore

    2.34 miles

  • Budget Suites of America

    2.38 miles

  • Raising Cane's

    0.11 miles

  • Rito's

    0.22 miles

  • Christo's

    0.34 miles

  • Jack in the Box

    0.40 miles

  • Chen and Wok Gourmet Oriental

    0.43 miles

  • LaBella Pizzeria and Restaurant

    0.43 miles

  • Verdura Plant-Based Eatery

    0.48 miles

  • Subway

    0.50 miles

  • Pure Sushi Colony

    0.51 miles

  • Spinato's Pizzeria

    0.56 miles

  • Madison Rose Lane Elementary School

    0.47 miles

  • All Saints Episcopal Church Day School

    0.65 miles

  • First United Methodist Church of Phoenix Weekday School

    0.75 miles

  • Madison Meadows School

    0.84 miles

  • Humanities and Sciences Academy of the United States

    0.86 miles

  • International Commerce Institute Phoenix

    0.86 miles

  • International Commerce Secondary School

    0.86 miles

  • Bethany Bible School

    0.99 miles

  • Madison School Number One

    1.21 miles

  • Simis School

    1.21 miles

  • Biltmore Bible Day Care Center

    3.39 miles

  • Tutor Time

    4.19 miles

  • Today’s Tomorrow Learning Center

    4.51 miles

  • Robins Nest Child Care

    4.73 miles

  • Sunrise Preschool

    5.11 miles

  • Tutor Time

    5.35 miles

  • Happy Days

    6.76 miles

  • Tutor Time

    7.89 miles

  • Amigo Preschool

    8.67 miles

  • Tutor Time

    9.12 miles

Frequently Asked Questions

What is the total square footage of 6040 North 7th Street?

6040 North 7th Street totals 25,224 square feet.

When was this property built?

6040 North 7th Street was built in 1975.

What is the property tax for 6040 North 7th Street?

The property tax for 6040 North 7th Street in 2022 was $36,520.

What is the market value for 6040 North 7th Street?

The market value* for 6040 North 7th Street in 2022 was $2,106,300.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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