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Remodeled Medical Office Condos
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5501 N 19th Ave, Phoenix, AZ 85015

Recently remodeled medical office suites in a professionally managed plaza with signage on 19th Avenue frontage and available parking.

Property Size2,443 SF
Lot Size2.43 Acres
Days on Market939

Property Features for 5501 N 19th Ave

General Information

Standard status Active
Size 2,443 SF
Lot size 2.43 Acres
Property subtype OFFICE

Additional Details

Road Access Yes
Office Units 29

Amenities

signage available
located on the Light Rail
underground and surface parking available

Building Details

Tenancy Multi
Listing Agency: Colliers | Phoenix
Listed By: Emily Currie
Source: Moodyscre
Added: Jan 4, 2024 Changed: Jul 28 Last Checked: Jul 30 at 2:22PM

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 Colliers | Phoenix

Investment Insights

Based on property information with market context.

Parkwood Professional Plaza offers office and medical suites within a professionally managed setting. The property includes 29 individual medical office condominiums within the building’s overall rentable space and features both underground and surface parking.

Signage is available with 19th Avenue frontage, and the location provides access to the Light Rail. The Abrazo Central Campus is within one mile.

Multiple suites are available for lease, including spec suites for immediate occupancy. Suite sizes range from 1,530 to 4,867 rentable square feet, offering flexible options for medical and office users seeking space in a remodeled, condominium-style medical office environment.

Key Highlights

  • Parkwood Professional Plaza at 5501 N 19th Avenue in Phoenix offers 173,532 rentable SF with 29 individual medical office condominiums
  • Signage available with 19th Avenue frontage, plus underground and surface parking
  • Recently remodeled; professionally managed medical office plaza

Property Analytics

Current Use

Sonora Dental Group Dental Office Desert Star Institute ... High School AZ Clinical Services Drug Testing Service Desert Star Institute ... Women'S Health Clinic Carmen Duarte Physician

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm HVAC Service Electrical Service Gym & Fitness Center

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

29
Office units
Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,613
Businesses Nearby
Balanced
Demand for This Use

Demographics for 85015, AZ

41,436
Population
17,889
Households
2.3
Avg Household Size
33
Median Age
25%
College-Educated
78%
High-School Grad
4.9 sq mi
ZIP Area
8,456
Density / Sq Mi
$52,585
Median Household Income
$36,456
Median Earnings
$1,227
Median Rent
$312,600
Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$14.69 /SF/Yr
Avg Asking Price
$0.58–$29.5 /SF/Yr
Price Range
11,936 SF
Avg Space Size

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Medical Office Space - Recently remodeled medical office suites in a professionally managed plaza with signage on 19th Avenue frontage and available parking.
Where is this medical office space located?
The property is located at 5501 N 19th Ave Phoenix, AZ.
What are key features of this property?
This property features: Parkwood Professional Plaza at 5501 N 19th Avenue in Phoenix offers 173,532 rentable SF with 29 individual medical office condominiums; Signage available with 19th Avenue frontage, plus underground and surface parking; Recently remodeled; professionally managed medical office plaza
(480) 721-4889 Call to check price and availability
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