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Light Rail Office and Medical Suites
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5501 N 19th Ave, Phoenix, AZ 85015

Recently remodeled office and medical suites with 19th Avenue frontage signage and both underground and surface parking.

Property Size1,530 SF - 4,867 SF
Lot Size2.43 Acres
Days on Market618

Property Features for 5501 N 19th Ave

General Information

Standard status Active
Size 1,530 SF - 4,867 SF
Net Rentable 1,530 SF
Lot size 2.43 Acres
Property subtype OFFICE

Space & Availability

Available Space 1,530-4,867 SF
Space Use Medical Office
Available From Immediate

Site & Location

Road Access Yes
Public Transit Yes

Amenities

signage available

Building Details

Building Size 73,532 SF
Tenancy Multi
Listing Agency: Colliers | Phoenix
Listed By: Emily Currie
Source: Moodyscre
Added: Nov 19, 2024 Changed: Jul 29 Last Checked: Jul 30 at 11:47AM

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 professionally managed office and medical suites for lease, recently remodeled and positioned for visibility with signage available along the 19th Avenue frontage. The property includes 29 individual medical office condominiums within a larger office building, providing a condominium-style configuration for medical and office users.

The building is located on the Light Rail and is within one mile of Abrazo Central Campus. Parking options include both underground and surface parking, supporting convenient day-to-day access for occupants and visitors.

Available leasing space ranges from approximately 1,530 to 4,867 rentable square feet, with spec suites available for immediate occupancy.

Key Highlights

  • Parkwood Professional Plaza at 5501 N 19th Avenue: 173,532 rentable SF office/medical building on 2.43 acres
  • 29 individual medical office condominiums within the building
  • Recently remodeled suites with 19th Avenue frontage signage available

Property Analytics

Current Use

Sonora Dental Group Dental Office Desert Star Institute ... High School AZ Clinical Services Drug Testing Service Desert Star Institute ... Birth Control Center 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

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

Location Intelligence

Trade Area within ½ mile

1,613
Businesses Nearby

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

$18.84 /SF/Yr
Avg Asking Price
$0.58–$59.85 /SF/Yr
Price Range
11,631 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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Recently remodeled office and medical suites with 19th Avenue frontage signage and both underground and surface parking.
Where is this office units 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: 173,532 rentable SF office/medical building on 2.43 acres; 29 individual medical office condominiums within the building; Recently remodeled suites with 19th Avenue frontage signage available
(480) 721-4889 Call to check price and availability
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