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Medical Office Suite with Monument Signage
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For Sale
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16515 S 40th St Unit 131, Phoenix, AZ 85048

The vacant suite retains a medical-oriented layout suited to clinical office use.

Property Size2,178 SF
Price / SF$2.08
Days on Market6

Property Features for 16515 S 40th St Unit 131

General Information

Standard status Active
Size 2,178 SF

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 2005
Abandoned No
Listing Agency: HomeSmart Premier
Listed By: Gustavo Salas Lopez · License #SA672154000
Source: Anthony.viewalltucsonhomes
Added: Oct 7 Changed: Oct 11 Last Checked: Oct 11 at 6:35AM

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 HomeSmart Premier

Investment Insights

Based on property information with market context.

This 2,178-square-foot medical office suite was built in 2005 and is currently vacant. Its existing buildout was configured for a chiropractor’s practice, with monument signage at the property.

The suite is at the corner of 40th Street and Frye Road in Phoenix. AZ 202 is a one-minute drive away, and I-10 is approximately five minutes away. Banner Ocotillo Medical Center is 11 minutes away; Dignity Health Arizona General Hospital is three minutes away, and Chandler Regional Medical Center is 12 minutes away. The intersection is associated with daily traffic of 15,700.

Key Highlights

  • 2,178‑square‑foot medical office suite
  • Existing chiropractic office buildout; currently vacant
  • Monument signage

Property Analytics

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Open Analytics

Current Use

Spine Institute of Arizona Physician Desert Shores Dentistry Dental Office Webster Shari R ... Alternative Medicine Practice Mark S. Williams Law Firm Cales Gloria L Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Parking Lot & Garage Furniture & Home Goods Auto Parts Store Locksmith

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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,021
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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
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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 - The vacant suite retains a medical-oriented layout suited to clinical office use.
Where is this medical office space located?
The property is located at 16515 S 40th St Unit 131 Phoenix, AZ.
What are key features of this property?
This property features: 2,178‑square‑foot medical office suite; Existing chiropractic office buildout; currently vacant; Monument signage
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