Remodeled Medical Office
New
For Sale
Contact for pricing
15182 N 75th Ave, Peoria, AZ 85381
The updated interior includes a reception area and a layout planned for clinical operations.
Property Size2,345 SF
Price / SF$415.78
Days on Market6
Property Features for 15182 N 75th Ave
General Information
Standard status
Active
Size
2,345 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Listing Agency:
Menlo Group Commercial Real Estate
(480) 771-1376
Listed By:
Ryan Edwards · License #SA697072000
(480) 760-5044
Source:
Moodyscre
Added: Oct 16
Changed: Oct 19
Last Checked: Oct 20 at 11:26PM
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 Menlo Group Commercial Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,345-square-foot medical office suite in Peoria has been remodeled, with a reception area and an interior layout intended for clinical operations. The suite also includes updated finishes and on-site parking.
The property is 2.5 miles from Loop 101.
The property is 2.5 miles from Loop 101.
Key Highlights
- 2,345‑square‑foot medical office suite
- Recently remodeled interior with updated finishes
- Reception area and layout for clinical operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,187
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$703,740
$703.7K
Cap Rate 7%
$502,671
$502.7K
Cap Rate 9%
$390,967
$391.0K
Market Conditions
NOI Build-Up for 2,345 SF
Gross rent
$54.9K $23.40/SF
− Vacancy
−$8.0K −$3.39/SF
EGI
$46.9K $20.01/SF
− OpEx
−$11.7K −$5.00/SF
NOI
$35.2K $15.01/SF
Area
Peoria, AZ
Vacancy
14.50%
Lease Rate
$23.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$703,740
Cap Rate 7%
$502,671
Cap Rate 9%
$390,967
Alternative Uses
Best Use
Office B
$502.7K
$439.8K – $586.5K
NOI $35,187 @ 7.0% cap · market cap 3.61%
Second Best
Healthcare Medical
$458.4K
$401.1K – $534.8K
NOI $32,088 @ 7.0% cap · market cap 3.29%
Theoretical Best
Office A
$577.4K
$505.2K – $673.6K
NOI $40,415 @ 7.0% cap · market cap 4.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
208
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85381, AZ
27,008
Population
11,393
Households
2.4
Avg Household Size
40
Median Age
34%
College-Educated
95%
High-School Grad
6.7 sq mi
ZIP Area
4,031
Density / Sq Mi
$94,442
Median Household Income
$49,458
Median Earnings
$1,726
Median Rent
$407,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Medical Office Space - The updated interior includes a reception area and a layout planned for clinical operations.
Where is this medical office space located?
The property is located at 15182 N 75th Ave Peoria, AZ.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 2,345‑square‑foot medical office suite; Recently remodeled interior with updated finishes; Reception area and layout for clinical operations
