Norterra West II

Off-Market

25800 North Norterra Pkwy, Phoenix, AZ 85085

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

  • Property Type Office - General Office
  • Property Size 144,800 SF
  • Lot Size 10.29 Acre
  • Parking Spaces Avail. 899
  • Parking Ratio 6.21 / 1,000 SF
  • Property Tenancy Single Tenant
  • LEED Certified
  • Building Class A
  • Year Built 2021

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

Owner

  • True Owner
  • Registered Owner

Brokers

Do you represent this property? Claim it!

List your spaces with ease and generate only verified leads with CommercialEdge Marketing.

Add listing for free

Documents

Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.

Sales

  • Purchase Date 12 Oct, 2021
  • 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
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

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 ®

    22/100 Car-Dependent

  • Transit Score ®

    32/100 Some Transit

  • Bike Score ®

    44/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Phoenix, AZ
  • Neighborhood Riordan Ranch
  • Zip Code 85085
  • Market Phoenix

Points of Interest

  • Pottsville

    2.63 miles

  • Masse

    2.72 miles

  • Bobberg Heights

    2.75 miles

  • New Diehl City

    2.77 miles

  • Downs Rocks

    2.78 miles

  • Marks Park

    2.79 miles

  • Adobe City

    2.83 miles

  • Perryview

    2.85 miles

  • Smolyk

    2.85 miles

  • Margret Ann's Meadows

    2.86 miles

  • Circle K

    1.19 miles

  • Circle K

    2.53 miles

  • ARCO

    2.58 miles

  • Shell

    2.61 miles

  • Circle K

    2.75 miles

  • Sibran - Deer Valley

    3.05 miles

  • Arco

    3.24 miles

  • Circle K

    3.34 miles

  • Tesla Supercharger

    3.71 miles

  • QuikTrip

    3.80 miles

  • Office tenant parking

    3.70 miles

  • Visitor Parking

    3.71 miles

  • Vendor/contractor parking

    3.76 miles

  • Visitor Parking Garage

    3.82 miles

  • Staff and Physician Parking Garage

    3.83 miles

  • Staff and Physician Surface Parking

    3.84 miles

  • Limited Parking

    3.86 miles

  • Equestrian Trailer Parking

    5.21 miles

  • Horse Trailer Parking

    5.67 miles

  • Fletcher Heights Park Parking Lot

    7.30 miles

  • Hampton Inn & Suites Phoenix North/Happy Valley

    0.93 miles

  • Homewood Suites by Hilton Phoenix North-Happy Valley

    0.97 miles

  • Residence Inn

    1.06 miles

  • Courtyard by Marriott

    1.09 miles

  • Drury Inn & Suites

    1.50 miles

  • Hilton Garden Inn Phoenix North Happy Valley

    1.72 miles

  • Days Inn Phoenix

    2.60 miles

  • Extended Stay America - Phoenix - Deer Valley

    3.08 miles

  • Country Inn & Suites By Carlson, Deer Valley

    3.50 miles

  • Studio 6 Phoenix - Deer Valley

    4.67 miles

  • Texas Roadhouse

    0.41 miles

  • Buffalo Wild Wings

    0.45 miles

  • Mellow Mushroom

    0.53 miles

  • Subway

    2.56 miles

  • Wendy's

    2.57 miles

  • Waffle House

    2.58 miles

  • Denny's

    2.58 miles

  • Arby's

    2.59 miles

  • McDonald's

    2.63 miles

  • Jack in the Box

    2.66 miles

  • Sandra Day O'Conner High School

    1.22 miles

  • United Cerebral Palsy of Central Arizona

    2.05 miles

  • Motorcycle Mechanics Institute MMI

    2.50 miles

  • Deer Valley Middle School

    2.97 miles

  • Valley Academy

    3.32 miles

  • Deer Valley Charter School

    3.71 miles

  • Inspiration Mountain School

    3.77 miles

  • Park Meadows School

    3.84 miles

  • Desert Winds Elementary School

    3.99 miles

  • Glendale Community College North

    4.05 miles

  • The Learning Experience Happy Valley

    1.28 miles

  • Tutor Time

    6.49 miles

  • Happy Days

    8.07 miles

  • Tutor Time

    8.60 miles

Frequently Asked Questions

What is the total square footage of Norterra West II?

Norterra West II totals 144,800 square feet.

When was this property built?

Norterra West II was built in 2020.

When was Norterra West II last sold?

Norterra West II was last sold on 12 Oct, 2021.

What is the property tax for Norterra West II?

The property tax for Norterra West II in 2022 was $370,049.

What is the market value for Norterra West II?

The market value* for Norterra West II in 2022 was $25,989,600.
*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.

Looking for more in-depth information on this property?

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