16421 N Tatum Blvd - Phase I and II Office FOR SALE


Phoenix, AZ - Paradise Valley North
$5,000,000 USD
480-362-9507
, Phoenix, AZ for Sale
$5,000,000 USD
Office - FOR SALE
1/1
null | 7.17% Cap Rate

16421 N Tatum Blvd - Phase I and II
Phoenix, AZ
Paradise Valley North


HIGHLIGHTS

  • Two single-story buildings totaling approximately 23,089 SF on 1.85 acres.
  • Diversified tenant base across 16 suites, primarily serving office and medical-related users.
  • Direct frontage on N Tatum Boulevard with strong visibility and traffic exposure.
  • Functional layouts, strong curb appeal, and on-site monument and building signage.
  • Convenient access to SR-51 and Loop 101 and close proximity to major healthcare and retail drivers.

OVERVIEW

Tatum Professional Offices is a two-building, single-story professional office complex totaling approximately 23,089 SF on 1.85 acres along N Tatum Boulevard in North Phoenix. The property is approximately 95% occupied and features a diversified mix of office, medical, dental, and financial service tenants across 16 suites. Built in phases in 1999 and 2001, the asset offers efficient floor plans, strong curb appeal, and a parking ratio of roughly 4.33 spaces per 1,000 SF, including select covered parking. Approximately 1,079 SF of existing vacancy provides a near-term value-add opportunity through lease-up, supporting potential NOI growth. The property benefits from strong visibility, direct Tatum Boulevard frontage, and proximity to major healthcare and employment drivers, with convenient access to SR-51 and Loop 101.

ASK ABOUT THIS PROPERTY

Kyle McGinleyRoss Brown Partners, Inc.More Info
480-362-9507

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Kyle McGinleyRoss Brown Partners, Inc.More Info
480-362-9507

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.