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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29128278
29128279

16930 E Palisades Blvd, Fountain Hills, AZ 85268

NP
AZ SA650591000
Echo West Capital Advisors
Listed by Echo West Capital Advisors
$4,500,000
150 days on market
Updated 103 days ago

Owner-User / Investment Opportunity

Details
Property Type Office
Sub Type Executive Office, Traditional Office
Square Footage 24,196
Occupancy 100%
Tenancy Multi
Brand/Tenant Regus
Lease Type Gross
Year Built 2000
Year Renovated 2003
Acreage 1.690
Ground Lease No
Sale Condition Sale for leaseback

Office | 24,196 SqFt

Investment highlights

  • Strategic Location - The property is prominently located in the heart of Fountain Hills, one of the fastest-growing suburban markets in Greater Phoenix, with convenient access to State Route 87 and major employment centers including Scottsdale, Mesa, and Phoenix. Its desirable lifestyle appeal and limited new office supply support strong, stable tenant demand and long-term rent growth.

  • Strong Market Fundamentals - Fountain Hills’ high quality of life continues to attract local professionals and regional firms, creating consistent leasing demand. Limited new office development in the immediate submarket further enhances occupancy stability and pricing power.

  • Value-Add Investment Opportunity - Investors have the opportunity to acquire Fountain Hills’ premier office building below replacement cost while benefiting from Regus’ accelerating performance, with average monthly revenue in 2025 up 46.14% over 2024. In addition to base rent and expense reimbursements, ownership is entitled to participate in Regus’s profit share in accordance with the terms of the lease agreement.

  • Owner-User Flexibility - Ownership currently occupies 19% of the building (4,592 SF) and can vacate, providing an owner-user the ability to immediately occupy space or expand through Regus as needed. This flexibility allows buyers to tailor the asset to their operational or investment strategy.

  • High-Quality Asset with Brand Visibility - The well-maintained building offers strong branding opportunities with both building and monument signage and is located directly across from Fountain Hills Park and within walking distance of the downtown dining and retail district. Proven management is in place, making the property turnkey for new ownership.

  • Prime Parking Amenities - The property is supported by 142 total parking spaces, including 55 secured subterranean garage spaces with direct elevator access to the common area lobby, 18 covered canopy spaces, and 69 surface lot spaces—providing umatched convenience and accessibility for employees and visitors.

  • Diversified and Resilient Income Stream - The combination of traditional base rent, expense reimbursements, and participation in Regus’ operating income creates a diversified revenue profile that enhances cash flow stability and upside potential. This structure allows ownership to benefit directly from increased occupancy and demand for flexible office space.

Listing Contacts

NP
AZ SA650591000
Echo West Capital Advisors
Listed by Echo West Capital Advisors

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Additional Information

Name
Nathan Pancrazi
License
SA650591000
Brokerage Phone
9285803222
Title
AZ
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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