Farmers Insurance Building

Off Market

16001 North 28th Avenue, Phoenix, AZ 85053

  • Office
  • General Office
  • 106,397 Sqft

Farmers Insurance Building, Phoenix, AZ 85053 - Office Space

Farmers Insurance Building is located at 16001 North 28th Avenue in the Deer Valley Village neighborhood, AZ, Phoenix, 85053. The Class B Office building was completed in 1998 and features a total of 106,397 Sqft.

There are 95 office spaces for lease in the Deer Valley Village neighborhood, totaling 1,737,769 Sqft of available office space. The office space availability for the 85053 zip code is 55,777 Sqft, in 12 office spaces. The average asking office rent per sq. ft. in Deer Valley Village is $21.5/sqft/year. For Class A office buildings the average office rate is $23.42/sqft/year, for Class B office buildings the average office rate is $22.08/sqft/year, for Class C office buildings the average office rate is $15.6/sqft/year.

In Deer Valley Village, there are 56 class B office buildings. In Deer Valley Village, there are a total of 1 LEED certified office buildings. In 1998, the same year Farmers Insurance Building was built, 134 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Phoenix, featuring 4,824,253 square feet of commercial space. At zip code level, there are 23 commercial properties, of which 9 are office buildings over 50,000 square feet.

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Details

  • City Phoenix
  • Neighborhood Deer Valley Village
  • Zip Code 85053
  • Market Phoenix
  • Property Type Office - General Office
  • Property Size 106,397 Sqft
  • Lot Size 8.56 Acre
  • Parking Spaces Avail. 553
  • Parking Ratio 5.20/ 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1998
  • 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 Farmers Insurance Building?

Farmers Insurance Building totals 106,397 square feet.

When was this property built?

Farmers Insurance Building was built in 1998.

Deer Valley Village Demographics

The average household income in zip code 85053 is $64,552, from a total of 11,221 households. In terms of employment, there are 76.52 % white-collar and 23.48 % blue-collar jobs in zip code 85053.

Population

  • Total Population86,718
  • Male Population(50.2 %) 43,507
  • Female Population(49.8 %) 43,211
  • Median Age36.70

Income/Financial

  • Average Household Income$60,433
  • Median Household Income$55,644
  • Median Income Under 25$35,283
  • Median Income 25-44$56,658
  • Median Income 45-64$71,860
  • Median Income Over 65$43,911