Fully Built-Out Medical Office
For Lease
Contact for pricing
16515 S 40th St, Phoenix, AZ 85048
Fully built-out medical office condo with reception, a break room, and one lab room along S 40th St.
Property Size2,178 SF
Days on Market65
Property Features for 16515 S 40th St
General Information
Standard status
Active
Size
2,178 SF
Property subtype
OFFICE
Lease Type
SF/yr
Space & Availability
Space Use
Medical Office
Condition
Turnkey
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
building signage
Listing Agency:
Commercial Properties Inc
(602) 373-4717
Listed By:
Brandon Koplin · License #SA567178000
(602) 373-4717
Source:
Moodyscre
Added: May 27
Changed: Jul 30
Last Checked: Jul 30 at 7:41AM
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 Commercial Properties Inc
Investment Insights
Based on property information with market context.
Fully built-out medical office condo featuring a reception area, break room, and (1) lab room. The space is designed for medical use within a condo configuration, offering an efficient layout for day-to-day patient or client operations.
The condo has frontage on S 40th St and provides easy access to Loop 202 Freeway. Building signage is available, supporting visibility for appointments and client traffic.
With 2,178 SF, this space offers a practical mix of front-of-house and lab-ready functionality for established medical practices or healthcare tenants seeking an immediately usable setup.
The condo has frontage on S 40th St and provides easy access to Loop 202 Freeway. Building signage is available, supporting visibility for appointments and client traffic.
With 2,178 SF, this space offers a practical mix of front-of-house and lab-ready functionality for established medical practices or healthcare tenants seeking an immediately usable setup.
Key Highlights
- Fully built‑out medical office condo with reception, break room, and 1 lab room
- 2,178 SF medical office condo for practical tenant buildout needs
- Frontage on S 40th St
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,021
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85048, AZ
34,524
Population
14,369
Households
2.4
Avg Household Size
42
Median Age
62%
College-Educated
98%
High-School Grad
10.1 sq mi
ZIP Area
3,418
Density / Sq Mi
$123,198
Median Household Income
$70,210
Median Earnings
$1,995
Median Rent
$538,500
Median Home Value
Market
Lease Benchmarks for Phoenix, AZ
$14.69 /SF/Yr
Avg Asking Price
$0.58–$29.5 /SF/Yr
Price Range
11,936 SF
Avg Space Size
This space is priced 57% above the average of $14.69 /SF/Yr.
Vacancy Rate% for Office in Phoenix, AZ
Questions? Ask Rey
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Similar Off Market Nearby
- Family VetCare of Phoenix — 3908 E Chandler Blvd, Phoenix, AZ 85048
Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully built-out medical office condo with reception, a break room, and one lab room along S 40th St.
Where is this medical office space located?
The property is located at 16515 S 40th St Phoenix, AZ.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Fully built‑out medical office condo with reception, break room, and 1 lab room; 2,178 SF medical office condo for practical tenant buildout needs; Frontage on S 40th St
