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Medical Office Space on Hospital Campus
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1492 S Mill Ave, Tempe, AZ 85281

Contiguous medical office space within a full-service 87-bed hospital campus supporting multiple specialty departments.

Space Size2,951 SF
Days on Market704

Property Features for 1492 S Mill Ave

General Information

Standard status Active
Size 2,951 SF
Property subtype OFFICE
Lease Type NNN

Site & Location

Neighborhood Maple Ash

Spaces For Lease

at 1492 S Mill Ave
1492 S Mill Ave $21.50/SF/Yr
Floor 1
Size 2,951 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Located on tempe st. luke’s hospital campus, an 87-bed full-service hospital and part of the steward family hospital offering a wide array of services including diagnostic imaging, cardiovascular care, orthopedic services, women’s care, wound center - Large blocks of contiguous medical office space in Tempe - Existing tenant mix includes primary care, orthopedics and sports medicine, women’s health, ENT and more - Strong national ownership with generous tenant improvement allowances available - Hospital services include emergency department, critical care unit, and specialty programs like wound care and pain management among others
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Listing Agency: The Plaza Companies
Listed By: Margaret Lloyd · License #BR021825000
Source: Moodyscre
Added: Nov 20, 2024 Changed: Oct 13 Last Checked: Oct 24 at 9:22PM

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 The Plaza Companies

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Investment Insights

Based on property information with market context.

This offering provides large blocks of contiguous medical office space located on the Tempe St. Luke’s Hospital campus. The campus is home to an 87-bed full-service hospital offering a wide range of services, including diagnostic imaging, cardiovascular care, orthopedic services, women’s care, and wound center programs.

The current tenant mix includes primary care, orthopedics and sports medicine, women’s health, and ENT, among others. Hospital services at the campus also include an emergency department and critical care unit, with additional specialty programs such as wound care and pain management.

With strong national ownership, the property also includes generous tenant improvement allowances available for qualified tenants. This configuration supports a variety of outpatient medical practices within a shared healthcare environment.

Key Highlights

  • Contiguous medical office space on the Tempe St. Luke’s Hospital campus
  • Hospital campus includes an 87‑bed full‑service hospital with emergency department and critical care unit
  • Supports multiple specialty departments including diagnostic imaging, cardiovascular care, orthopedic services, women’s care, wound center, and more

Property Analytics

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Current Use

Biltmore ENT, Facial ... Medical Clinic Arizona Wound Centers Medical Clinic East Valley Women's ... Medical Clinic Women's Health Associates ... Medical Clinic Foot & Ankle Clinics ... Physician

Suggested Use

Top Pick Furniture & Home Goods Daycare Center (Bike/Boat/Book/etc) Store Pet Store Nursing Home Tanning 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

NNN (Triple Net)
Lease Type
$3.23 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,445
Businesses Nearby

Demographics for 85281, AZ

69,218
Population
32,475
Households
2.1
Avg Household Size
26
Median Age
49%
College-Educated
91%
High-School Grad
13.3 sq mi
ZIP Area
5,204
Density / Sq Mi
$59,084
Median Household Income
$32,805
Median Earnings
$1,531
Median Rent
$364,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Medical center - Contiguous medical office space within a full-service 87-bed hospital campus supporting multiple specialty departments.
Where is this medical center located?
The property is located at 1492 S Mill Ave Tempe, AZ.
What is the lease rate?
The lease rate is $21.50 SF/Yr.
What are key features of this property?
This property features: Contiguous medical office space on the Tempe St. Luke’s Hospital campus; Hospital campus includes an 87‑bed full‑service hospital with emergency department and critical care unit; Supports multiple specialty departments including diagnostic imaging, cardiovascular care, orthopedic services, women’s care, wound center, and more
(602) 828-7214 Call to check price and availability
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