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Two-Story Medical Office Building
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20637 N 27th Ave, Phoenix, AZ 85027

Two-story medical office space within The Interchange at Deer Valley, minutes from HonorHealth Deer Valley Medical Center.

Property Size40,000 SF
Days on Market450

Property Features for 20637 N 27th Ave

General Information

Standard status Active
Size 40,000 SF
Class A
Property subtype OFFICE

Building Details

Stories 2
Listing Agency: CBRE | Phoenix
Listed By: Philip Wurth, CCIM
Source: Moodyscre
Added: May 7, 2025 Changed: Jul 27 Last Checked: Jul 29 at 2:14PM

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 two-story medical office offering is part of The Interchange at Deer Valley, a mixed-use project planned to include three Class A medical office buildings. The project is anticipated to begin ground breaking in fall 2025.

The property is located at 20637 N 27th Ave in Phoenix, AZ, and is described as being within minutes of HonorHealth Deer Valley Medical Center.

Key Highlights

  • Two‑story medical office space at The Interchange at Deer Valley
  • Part of a mixed‑use project featuring three Class A medical office buildings
  • Anticipated ground breaking fall of 2025

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm Dental Office Restaurant Hair Salon Garden Center Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

1,147
Businesses Nearby
Balanced
Demand for This Use

Demographics for 85027, AZ

38,343
Population
17,458
Households
2.2
Avg Household Size
36
Median Age
29%
College-Educated
92%
High-School Grad
11.7 sq mi
ZIP Area
3,277
Density / Sq Mi
$73,255
Median Household Income
$46,338
Median Earnings
$1,488
Median Rent
$316,100
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

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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Frequently Asked Questions

What type of property is this?
Medical Office Space - Two-story medical office space within The Interchange at Deer Valley, minutes from HonorHealth Deer Valley Medical Center.
Where is this medical office space located?
The property is located at 20637 N 27th Ave Phoenix, AZ.
What are key features of this property?
This property features: Two‑story medical office space at The Interchange at Deer Valley; Part of a mixed‑use project featuring three Class A medical office buildings; Anticipated ground breaking fall of 2025
(602) 369-9261 Call to check price and availability
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