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16515 S 40th St
Phoenix, AZ 85048
Bldg 4 · Office Property For Sale · 8,084 SF

Investment Highlights

  • For Sale or Lease
  • Situated in Ahwatukee Foothills with strong demographics and high household incomes
  • Surrounded by retail, dining, and lifestyle amenities for convenience
  • Prime location near I-10 and Loop 202 for superior regional access
  • Close to Sky Harbor International Airport and major employment centers
  • Ideal for office, medical, or specialty use with flexible zoning

Executive Summary

16515 S 40th Street offers an exceptional opportunity in one of Phoenix’s most dynamic and rapidly growing corridors. This property is strategically positioned near Interstate 10 and Loop 202, providing seamless connectivity to the entire metro area, Sky Harbor International Airport, and major employment hubs. Located in the Ahwatukee Foothills, the site benefits from a thriving residential base, strong demographics, and proximity to retail, dining, and corporate campuses. The property’s layout and visibility make it ideal for professional office, medical, or specialty use. Its location within a high-traffic area ensures excellent exposure, while nearby amenities such as major shopping centers, fitness facilities, and hospitality options enhance convenience for employees and clients alike. The surrounding community boasts strong household incomes and a highly educated population, creating a robust environment for business growth.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 119
  • 6,011 SF
  • Office/Medical
  • Upon Request
  • -
Sale Type Investment or Owner User
Sale Notes
For Sale or Lease. Turnkey / Move-in ready professional office/medical space located in the Ahwatukee Foothills submarket. Premium quality improvements completed in 2008. Furniture & Equipment is negotiable. Convenient access off the South Mountain 202 Freeway and less than 1/2 mile from the exit ramp. Pricing $22.00 - $23.00 per SF depending on lease terms and tenant financials.
Unit Unit Size Condo Use Price NOI
Unit 119 6,011 SF Office/Medical Upon Request -

Unit 119

Unit Size
6,011 SF
Condo Use
Office/Medical
Price
Upon Request
NOI
-

Unit 119

Unit Size 6,011 SF
Condo Use Office/Medical
Price Upon Request
NOI -
Sale Type Investment or Owner User
Sale Notes
For Sale or Lease. Turnkey / Move-in ready professional office/medical space located in the Ahwatukee Foothills submarket. Premium quality improvements completed in 2008. Furniture &amp; Equipment is negotiable. Convenient access off the South Mountain 202 Freeway and less than 1/2 mile from the exit ramp. Pricing $22.00 - $23.00 per SF depending on lease terms and tenant financials.</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 8,084 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class B
Floors 1
Typical Floor Size 6,011 SF
Year Built 2005
Lot Size 0.14 AC
Zoning C-O, Phoenix - Commercial
  • Listing ID: 39935221

  • Date on Market: 2026-03-27

  • Last Updated:

  • Address: 16515 S 40th St, Phoenix, AZ 85048

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