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Medical Office With Monument Signage
For Lease
$4,537/Mo

131-16515 S 40th St, Phoenix, AZ 85034

Vacant space features a medical-oriented interior layout and is positioned near AZ 202 and I-10.

Space SizeContact for details
Days on Market9

Property Features for 131-16515 S 40th St

General Information

Standard status Active

Additional Details

Space Use Medical Office
Highway Access Yes

Taxes and HOA fees

Annual Taxes $5,365

Amenities

monument signage
Listing Agency: HomeSmart Premier
Listed By: Gustavo Salas Lopez · License #SA672154000
Source: Exprealty
Added: Oct 9 Changed: Oct 15 Last Checked: Oct 16 at 12:05PM

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 HomeSmart Premier

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Investment Insights

Based on property information with market context.

This vacant medical office space has a medical buildout and floor plan, with monument signage serving the property. The space was formerly used as a chiropractor office and is described as well maintained.

The property is at the corner of S 40th St and Frye Rd in Phoenix. AZ 202 is about a one-minute drive away, and I-10 is approximately five minutes away. Nearby medical facilities include Dignity Health Arizona General Hospital, three minutes away, Banner Ocotillo Medical Center Hospital, 11 minutes away, and Dignity Health Chandler Regional Medical Center Hospital, 12 minutes away.

Key Highlights

  • Vacant medical office space with an existing medical buildout
  • Monument signage
  • Corner location at S 40th St and Frye Rd

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Hair Salon (Bike/Boat/Book/etc) Store Skin Care Clinic Electrical Service Garden Center Veterinary Clinic

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

812
Businesses Nearby
Well-served
Demand for This Use

Demographics for 85034, AZ

5,033
Population
2,901
Households
1.7
Avg Household Size
32
Median Age
32%
College-Educated
81%
High-School Grad
11.6 sq mi
ZIP Area
434
Density / Sq Mi
$53,545
Median Household Income
$43,236
Median Earnings
$1,205
Median Rent
$397,400
Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$24.07 /SF/Yr
Avg Asking Price
$3.57–$38 /SF/Yr
Price Range
11,317 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

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 - Vacant space features a medical-oriented interior layout and is positioned near AZ 202 and I-10.
Where is this medical office space located?
The property is located at 131-16515 S 40th St Phoenix, AZ.
What is the lease rate?
The lease rate is $4,537/Mo.
What are key features of this property?
This property features: Vacant medical office space with an existing medical buildout; Monument signage; Corner location at S 40th St and Frye Rd
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