Medical Office Building with
105-15810 S 45th Street, Phoenix, AZ 85048
For Sale
$550,000
Well-designed medical office space with on-building signage, abundant parking, and strong healthcare-oriented surrounding businesses.
Property Size1,566 SF
Price / SF$351.21
Days on Market169
Property Features for 105-15810 S 45th Street
General Information
Standard status
Size
Site & Location
Neighborhood
Taxes and HOA fees
Annual Taxes
Listing Agency:
West USA Realty
(602) 942-4200
Listed By:
Thomas Wolf · License #SA625936000
(602) 332-5507
Source:
Exprealty
Added: May 25
Changed: Nov 1
Last Checked: Nov 8 at 10:58AM
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 West USA Realty
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Investment Insights
Based on property information with market context.
This highly functional medical office opportunity offers a floorplan designed to efficiently support a wide range of medical, dental, wellness, or specialty practice uses. The space is described as being in excellent condition and is positioned to serve both patient-facing and staff workflows with a practical, medical-focused layout. The property is available for lease and for sale.
Located in an established healthcare environment, the property is surrounded by established medical users and complementary healthcare services. It is positioned for visibility along 45th Street and benefits from prominent on-building signage, with abundant on-site parking intended to accommodate both patients and staff. The marketing materials also describe the area as an affluent trade area with household income demographics that can support a stable patient base.
For tenants and operators seeking a medical office configuration within a cluster of healthcare providers, this asset offers a purpose-built option with convenient parking and direct street visibility. Buyers considering ownership will find a medically oriented space that can support a variety of specialty practices, including dental and wellness uses, based on the flexibility noted in the property description.
Located in an established healthcare environment, the property is surrounded by established medical users and complementary healthcare services. It is positioned for visibility along 45th Street and benefits from prominent on-building signage, with abundant on-site parking intended to accommodate both patients and staff. The marketing materials also describe the area as an affluent trade area with household income demographics that can support a stable patient base.
For tenants and operators seeking a medical office configuration within a cluster of healthcare providers, this asset offers a purpose-built option with convenient parking and direct street visibility. Buyers considering ownership will find a medically oriented space that can support a variety of specialty practices, including dental and wellness uses, based on the flexibility noted in the property description.
Key Highlights
- Well‑designed medical office floorplan suitable for medical, dental, wellness, or specialty practice uses
- Prominent on‑building signage and exceptional visibility along 45th Street
- Abundant on‑site parking for patients and staff
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,808
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$536,160
$536.2K
Cap Rate 7%
$382,971
$383.0K
Cap Rate 9%
$297,867
$297.9K
Market Conditions
NOI Build-Up for 1,566 SF
Gross rent
$48.1K $30.72/SF
− Vacancy
−$12.4K −$7.90/SF
EGI
$35.7K $22.82/SF
− OpEx
−$8.9K −$5.71/SF
NOI
$26.8K $17.12/SF
Area
Phoenix, AZ
Vacancy
25.70%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$536,160
Cap Rate 7%
$382,971
Cap Rate 9%
$297,867
Alternative Uses
Best Use
Office B
$383.0K
$335.1K – $446.8K
NOI $26,808 @ 7.0% cap · market cap 4.87%
Second Best
Healthcare Medical
$318.9K
$279.1K – $372.1K
NOI $22,325 @ 7.0% cap · market cap 4.06%
Theoretical Best
Office A
$474.4K
$415.1K – $553.4K
NOI $33,205 @ 7.0% cap · market cap 6.04%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
951
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 85048, AZ
34,524
Population
14,369
Households
2.4
Avg Household Size
42
Median Age
62%
College-Educated
98%
High-School Grad
10.1 sq mi
ZIP Area
3,418
Density / Sq Mi
$123,198
Median Household Income
$70,210
Median Earnings
$1,995
Median Rent
$538,500
Median Home Value
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Market
Average Price Trend$/SF for Medical Office Space in Phoenix, AZ
Properties on Market for Medical Office Space in Phoenix
Vacancy Rate% for Office in Phoenix, AZ
Similar Off Market Nearby
- AAWL Community Vet Clinic — 30 N 40th Pl, Phoenix, AZ 85034
Frequently Asked Questions
What type of property is this?
Medical Office Space - Well-designed medical office space with on-building signage, abundant parking, and strong healthcare-oriented surrounding businesses.
Where is this medical office space located?
The property is located at 105-15810 S 45th Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Well‑designed medical office floorplan suitable for medical, dental, wellness, or specialty practice uses; Prominent on‑building signage and exceptional visibility along 45th Street; Abundant on‑site parking for patients and staff
