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Medical Office Space with Clinical Buildout
New
For Lease
$12,880/Mo

1405 N 1ST Street, Phoenix, AZ 85004

Existing clinical rooms, reception and waiting areas, and covered parking support a range of office operations.

Space Size7,540 SF
Days on Market6

Property Features for 1405 N 1ST Street

General Information

Standard status Active
Size 7,540 SF
Net Rentable 7,540 SF
Property subtype COMMERCIAL

Space & Availability

Available Space 7,540 SF
Contiguous Space 7,540 SF
Space Use Medical Office
Condition Move-in Ready

Site & Location

Highway Access Yes
Public Transit Yes

Taxes and HOA fees

Annual Taxes $15,535

Amenities

reception area
waiting area
plumbed rooms
conference rooms
break room
wood-look plank flooring
updated cabinetry

Building Details

Building Size 7,540 SF
Year Built 1975
Listing Agency: R.O.I. Properties
Listed By: Beth Jo Zeitzer · License #BR044331000
Source: Alexiabertsatos
Added: Oct 7 Changed: Oct 10 Last Checked: Oct 11 at 1:53PM

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 R.O.I. Properties

Investment Insights

Based on property information with market context.

Configured for medical practice, the approximately 7,540-square-foot space includes reception and a separate waiting area, multiple private offices, plumbed rooms with sinks and built-in cabinetry, conference rooms, and a break room. Wood-look plank flooring and updated cabinetry are installed throughout, while open areas offer flexibility for reconfiguration. The building dates to 1975.

On-site parking serves staff and visitors, with covered spaces included. The property is north of Downtown Phoenix and near Roosevelt Row, the Phoenix Biomedical Campus, light rail, and I-10.

Key Highlights

  • Approximately 7,540 square feet of medical office space
  • Medical buildout includes reception, a dedicated waiting area, private offices, and plumbed rooms
  • Plumbed rooms feature built‑in cabinetry and sinks

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store Storage Facility Auto Repair Shop Nail Salon

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
$3.07 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,266
Businesses Nearby
Under-served
Demand for This Use

Demographics for 85004, AZ

8,833
Population
6,455
Households
1.4
Avg Household Size
32
Median Age
59%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
4,206
Density / Sq Mi
$71,250
Median Household Income
$46,376
Median Earnings
$1,759
Median Rent
$365,500
Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$23.84 /SF/Yr
Avg Asking Price
$3.57–$38 /SF/Yr
Price Range
11,575 SF
Avg Space Size

This space is priced 14% below the average of $23.84 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Existing clinical rooms, reception and waiting areas, and covered parking support a range of office operations.
Where is this medical office space located?
The property is located at 1405 N 1ST Street Phoenix, AZ.
What is the lease rate?
The lease rate is $12,880/Mo.
What are key features of this property?
This property features: Approximately 7,540 square feet of medical office space; Medical buildout includes reception, a dedicated waiting area, private offices, and plumbed rooms; Plumbed rooms feature built‑in cabinetry and sinks
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