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16841 N 31St Ave Phoenix, AZ 85053

For Sale
$342,601

Fully leased medical office building with stable income.

Property size:
1,381 SF
Lot size:
0.12 Acres

Property Features for 16841 N 31St Ave

General Information

Size
1,381 SF
Lot size
0.12 Acres

Source: Commercial Properties Inc Agent Matt Zaccardi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Leased Medical Office Investment

This property is fully leased to Caring Presence Home Care, an Arizona-based healthcare provider with 37 years of operating history. The tenant operates under a 60-month, Modified Gross (MG) lease, providing in-place cash flow. Caring Presence is described as a top-tier operator in the healthcare sector. The investment provides a 6.00% capitalization rate based on the 2026 Net Operating Income of $20,556.10. Offered at $342,601.67 ($248.08/SF), the property features a functional layout that was remodeled in 2021.
Insight Report Location Intelligence

Current Use by Public Records

Dr. Paul Owens Dentist Dr. James S. ... Dentist Agave Foot Specialists Podiatrist Arizona Chapter National ... Non-Profit Organization HealthyU Clinics Medical Clinic

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Bell Ridge Veterinarian, Dr. Greta Heinemann

Location Insight

  • Map
  • Local Demand
City
Phoenix
County
Maricopa
State
Arizona
Longitude
-112.1240257
Latitude
33.638351

FAQs

What type of property is this?
Medical office - Fully leased medical office building with stable income.
Where is this medical office located?
The property is located at 16841 N 31St Ave Phoenix, AZ.
What is the asking price?
The asking price for this property is $342,601.
What are key features of this property?
This property features: - 100% leased to Caring Presence Home Care, a premier Arizona-based healthcare provider with a 37-year operating history.; - Secure, in-place cash flow from day one.; - 6.00% capitalization rate based on the 2026 Net Operating Income of $20,556.10.
More about this property
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