16448 N 40TH Street

Phoenix, AZ 85032

$1,050,000

🏢 Prime Office Opportunity - Investment 🏷️ Retail / C-T, R-O Zoning 🚗 Ample Parking + Corner Lot 📝 Leased till Oct 2028 💰 Cash Flow 💡 Located in a high-growth corridor with strong traffic counts and excellent visibility. Ideal for service related industry or medical. 📈 Perfect for an investor looking for cash flow.

Courtesy of Realty of America LLC 480-702-5838

Listing Snapshot

Days Online

157

Last Updated

Sep 7, 2026

Square Ft.

3,145

Lot Size

0.28 Acres

Year Built

2001

MLS Number

7008299

Additional Details

Property Access

Road Surface: Asphalt

Building

Built in 2001, Living area: 3154.0, 1 building, Construction Materials: Wood Frame, Metal Siding

Cooling

Central Air

Disclosures

Seller Prop Disc Stm

Expenses

Insurance: $4,000

Fence

Block

Floors

Ceramic Tile, Concrete

Heating

Electric

Income

Gross Income: $80,340, Gross ScheduledIncome: $80,340, Net Operating Income: $68,037

Lot

0.28 acres

Parking

3 covered spaces, 8 open parking spaces, 11 total parking spaces, Private

Property

Leasable area: 3145.0

Roof

Tile

Security Features

Alarm System, Security System, Smoke Detector(s)

Sewer

Public Sewer

Taxes

Parcel Number: 214-33-003-A, Public Survey Range: 3E, Public Survey Section: 1, Annual Amount: $8,303, Tax Book Number: 214.00, Legal Description: BELL ACRES MCR 43-4 LOT 1 E 160F OF N 88.5F 0F NE4 OF LOT 1 EX E 7F & EX PT P/D 86-418083, Lot: 1, Map Number: 33.00, Parcel Letter: A, Year: 2025, Zoning: CT, R-O

Utilities

Water Source: City Franchise, APS

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This content last updated on Sep 7, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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16448 N 40TH Street

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