Foothills Corporate Center I

Off-Market

14415 South 50th Street, Phoenix, AZ 85044

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  • Property Type Office - General Office
  • Property Size 109,920 SF
  • Lot Size 10 Acre
  • Parking Spaces Avail. 659
  • Parking Ratio 6.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1997

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space		 Rent Price Lease
Type		 Space
Type		 Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross		 General
Office		 11/01/2014-
N/A
370 17th Street
#6000		 Morrison & Foerster,
(303) 592-1500		 10,710 SF $26/SF/YR Full
Service		 General
Office		 08/01/2013-
07/31/2023
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Brokers

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Documents

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Sales

  • Purchase Date 15 Jun, 2022
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

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 ®

    61/100 Somewhat Walkable

  • Transit Score ®

    38/100 Some Transit

  • Bike Score ®

    56/100 Bikeable
Powered by Walk Score ®
  • City Phoenix, AZ
  • Neighborhood Ahwatukee Foothills
  • Zip Code 85044
  • Market Phoenix

Points of Interest

  • Desert Breeze Rail Station

    3.13 miles

  • Blue Star Transportation

    5.57 miles

  • College Ave / Apache Blvd

    7.21 miles

  • McAllister Ave / Apache Blvd

    7.33 miles

  • 11th St / Mill Ave

    7.35 miles

  • Rural Rd / Apache Blvd

    7.42 miles

  • 9th St / Mill Ave

    7.54 miles

  • University Dr / Ash Ave

    7.60 miles

  • Dorsey / Apache Bvd

    7.61 miles

  • Dorsey/ Apache Blvd

    7.62 miles

  • Sam's Club Gas Station

    0.37 miles

  • Chevron

    0.69 miles

  • Shell

    0.88 miles

  • Chevron

    0.93 miles

  • Shell

    0.94 miles

  • Circle K

    1.42 miles

  • Circle K

    1.49 miles

  • Fry's Fuel Center

    1.58 miles

  • Fry's Fuel

    1.79 miles

  • 7-Eleven

    2.13 miles

  • East Parking Lot

    1.04 miles

  • West Parking Lot

    1.22 miles

  • Ranch Circle Park Lot

    1.42 miles

  • Truck Parking

    2.28 miles

  • Love's

    2.61 miles

  • South Parking Lot

    5.64 miles

  • Athletics Parking Lot

    5.76 miles

  • North Parking Lot

    5.81 miles

  • Staff Parking

    5.87 miles

  • Vista Del Sol Residential Parking

    7.18 miles

  • Extended Stay America - Phoenix - Chandler

    0.12 miles

  • Sonesta Select Phoenix Chandler

    0.29 miles

  • Holiday Inn Express Chandler - Phoenix

    0.51 miles

  • La Quinta Inn & Suites Phoenix Chandler

    0.59 miles

  • Homewood Suites by Hilton Phoenix Chandler

    0.71 miles

  • Hampton Inn Phoenix/Chandler

    0.72 miles

  • Extended Stay America

    0.79 miles

  • DoubleTree by Hilton Phoenix Chandler

    0.83 miles

  • Motel 6

    0.87 miles

  • Country Inn & Suites

    0.88 miles

  • Wicked Brews, Bites and Spirits

    0.15 miles

  • Pita Jungle

    0.16 miles

  • RA Sushi Bar Restaurant

    0.17 miles

  • The Living Room Wine Cafe & Lounge

    0.20 miles

  • Fried Pie

    0.20 miles

  • Cheba Hut Toasted Subs

    0.21 miles

  • Savor Flavor Asia

    0.21 miles

  • Chick-fil-A

    0.24 miles

  • On The Border

    0.25 miles

  • Noodles & Company

    0.30 miles

  • Valley Christian High School

    0.82 miles

  • Kyrene de las Manitas School

    1.06 miles

  • St. John Bosco Catholic School

    1.07 miles

  • Kyrene de las Manitas

    1.09 miles

  • Kyrene De La Esperanza School

    1.13 miles

  • Summit School of Ahwatukee

    1.13 miles

  • Mountain Pointe High School

    1.16 miles

  • Horizon Community Learning Center

    1.23 miles

  • Kyrene Del Milenio School

    1.24 miles

  • Kyrene Centennial Middle School

    1.92 miles

  • A Step Ahead Childcare & Preschool

    1.27 miles

  • Inspire Kids Montessori

    1.45 miles

  • Family of Christ Child Development Center

    2.05 miles

  • God's Garden Preschool

    4.85 miles

  • Bright Horizons

    4.99 miles

  • Mill Avenue Preschool

    5.20 miles

  • Sunrise Preschool Tempe

    5.20 miles

  • Little Rascals Learning Center

    5.56 miles

  • Tutor Time

    5.59 miles

  • Little Rascals Learning Center

    5.71 miles

Frequently Asked Questions

What is the total square footage of Foothills Corporate Center I?

Foothills Corporate Center I totals 109,920 square feet.

When was this property built?

Foothills Corporate Center I was built in 1997.

When was Foothills Corporate Center I last sold?

Foothills Corporate Center I was last sold on 15 Jun, 2022.

What is the property tax for Foothills Corporate Center I?

The property tax for Foothills Corporate Center I in 2022 was $218,214.

What is the market value for Foothills Corporate Center I?

The market value* for Foothills Corporate Center I in 2022 was $12,304,200.
*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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