Medical Office
For Sale
Contact for pricing
1635 N Greenfield Rd, Mesa, AZ 85205
A 2,000 SF medical office building with an efficient clinical layout and ample parking for patient and staff access.
Property Size2,021 SF
Price / SF$300
Days on Market53
Property Features for 1635 N Greenfield Rd
General Information
Standard status
Active
Size
2,021 SF
Property subtype
OFFICE
Listing Agency:
CBRE | Phoenix
(602) 369-9261
Listed By:
Philip Wurth, CCIM
(602) 369-9261
Source:
Moodyscre
Added: Jun 9
Changed: Jul 10
Last Checked: Jul 22 at 3:53AM
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 CBRE | Phoenix
Investment Insights
Based on property information with market context.
This property is a medical office building totaling 2,021 square feet and is described as ready for immediate occupancy. The space offers an efficient clinical layout intended to support staff workflow and patient experience, making it well-suited for medical and specialty practices.
The building is positioned for visibility along Greenfield Road and includes convenient access points. Ample on-site parking supports easy ingress and egress for both patients and employees.
For a practice evaluating a turn-key option, the combination of an office-oriented clinical configuration and immediate occupancy can reduce initial buildout planning. The existing layout is designed to accommodate a range of medical and specialty uses, while on-site parking and roadway access help support day-to-day patient visits.
The building is positioned for visibility along Greenfield Road and includes convenient access points. Ample on-site parking supports easy ingress and egress for both patients and employees.
For a practice evaluating a turn-key option, the combination of an office-oriented clinical configuration and immediate occupancy can reduce initial buildout planning. The existing layout is designed to accommodate a range of medical and specialty uses, while on-site parking and roadway access help support day-to-day patient visits.
Key Highlights
- 2,000 SF medical office building ready for immediate occupancy
- Efficient clinical layout suitable for a range of medical and specialty practices
- Designed to optimize staff workflow and patient experience
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.4k | $28.92 |
| − Vacancy | −$12.3k | −$6.07 |
| EGI | $46.2k | $22.85 |
| − OpEx | −$11.5k | −$5.71 |
| NOI | $34.6k | $17.14 |
2,021 SF · lease $28.92/SF/yr · vacancy 21.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$494.7K
$432.9K – $577.2K
NOI $34,630 @ 7.0% cap · market cap 5.71%
Second Best
Healthcare Medical
$219.2K
$191.8K – $255.7K
NOI $15,341 @ 7.0% cap · market cap 2.53%
Theoretical Best
Office A
$554.0K
$484.7K – $646.3K
NOI $38,778 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
733
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 85205, AZ
44,137
Population
23,473
Households
1.9
Avg Household Size
48
Median Age
30%
College-Educated
94%
High-School Grad
10.1 sq mi
ZIP Area
4,370
Density / Sq Mi
$71,294
Median Household Income
$46,378
Median Earnings
$1,363
Median Rent
$301,200
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - A 2,000 SF medical office building with an efficient clinical layout and ample parking for patient and staff access.
Where is this medical office space located?
The property is located at 1635 N Greenfield Rd Mesa, AZ.
What is the asking price?
The asking price for this property is $606,300.
What are key features of this property?
This property features: 2,000 SF medical office building ready for immediate occupancy; Efficient clinical layout suitable for a range of medical and specialty practices; Designed to optimize staff workflow and patient experience
