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Medical Office Space Available
For Lease
$16.50 SF/Yr

1010 East McDowell Road, Phoenix, AZ 85006

Medical office building near Banner University Medical Center.

Space Size2,687 SF - 4,903 SF
Days on Market221

Property Features for 1010 East McDowell Road

General Information

Standard status Active
Size 2,687 SF - 4,903 SF
Property subtype Healthcare

Site & Location

Neighborhood Encanto

Spaces For Lease

at 1010 East McDowell Road Contact us

Lower 4 Available

Size 3,629 SF
Shell space
Contact us

Suite 102 Available

Size 2,687 SF
Spec Suite
Contact us

Suite 400 Available

Size 4,903 SF
Contact us
Listing Agency: CBRE | Phoenix
Listed By: Philip Wurth, CCIM
Source: Cbre
Added: Mar 25 Changed: Oct 29 Last Checked: Oct 30 at 11:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Phoenix

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Investment Insights

Based on property information with market context.

This medical office building, constructed in 1975 and refurbished in 2021, offers approximately 62,851 square feet of space. The property is centrally located near Banner University Medical Center and is less than a mile from Valley Metro Rail. It provides convenient access to freeways I-10, SR-51, and I-17. The available space is approximately 11,219 square feet.

Key Highlights

  • Centrally located near Banner University Medical Center
  • ±62,851 SF Medical Office Building
  • Refurbished in 2021

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Dr Lubomir Manov ... Dental Office Phoenix Gynecology Consultants ... Physician Paquet Facial Plastic ... Physician Dr. Christian Paquet Physician Keenan Wanamaker Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Travel Agency Auto Parts Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,180
Businesses Nearby
Under-served
Demand for This Use

Demographics for 85006, AZ

23,797
Population
10,607
Households
2.2
Avg Household Size
34
Median Age
27%
College-Educated
78%
High-School Grad
4.0 sq mi
ZIP Area
5,949
Density / Sq Mi
$60,742
Median Household Income
$39,899
Median Earnings
$1,168
Median Rent
$376,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Phoenix, AZ

$24.28 /SF/Yr
Avg Asking Price
$3.57–$38 /SF/Yr
Price Range
11,349 SF
Avg Space Size

This space is priced 32% below the average of $24.28 /SF/Yr.

Vacancy Rate% for Office in Phoenix, AZ

14.4% 2019
19.3% 2020
21.7% 2021
24.3% 2022
27.4% 2023
28.5% 2024
26.5% 2025

Similar Off Market Nearby

  • Radiant Vets — 2627 N 7th St, Phoenix, AZ 85006

Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office building near Banner University Medical Center.
Where is this medical office space located?
The property is located at 1010 East McDowell Road Phoenix, AZ.
What is the lease rate?
The lease rate is $16.50 SF/Yr.
What are key features of this property?
This property features: Centrally located near Banner University Medical Center; ±62,851 SF Medical Office Building; Refurbished in 2021
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