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Medical Suite in Central District

320 E McDowell Rd, Phoenix, AZ 85004

For Lease
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Medical suite in multi-tenant building, Central Avenue Business District.

Space Size4,043 SF
Days on Market2881

Property Features for 320 E McDowell Rd

General Information

Standard status Active
Size 4,043 SF
Property subtype OFFICE
Lease Type Full Service

Site & Location

Neighborhood Encanto

Spaces For Lease

at 320 E McDowell Rd
320 E Mcdowell Rd $29/SF/Yr
Floor 2
Size 4,043 SF
Type OFFICE
Lease Type FULL_SERVICE
Availability AVAILABLE, Now
Sublease No
- Easy freeway access. - Nearby retail services. - Recent renovations. - Easy access to the I-10 and SR 51 freeways - Adjacent to retail services and restaurants - Close to government agencies, financial institutions and universities - Prominent building signage available along McDowell Road
Contact us
Listing Agency: CBRE | Phoenix
Listed By: Luke Walker
Source: Moodyscre
Added: Dec 21, 2018 Changed: Nov 6 Last Checked: Nov 8 at 4:24AM

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

Rey
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Investment Insights

Based on property information with market context.

A built-out medical suite is available within a three-story, multi-tenant office building situated in the Central Avenue Business District. The property is approximately a 5-minute drive to Banner University, St. Joseph’s Hospital & Medical Center, and Barrow Neurological Hospital, and less than 10 minutes to Phoenix Children’s Hospital. It offers convenient access to I-10 and SR 51, and is a 5-minute walk to the Light Rail. The property size is 4,043 square feet.

Key Highlights

  • Built‑out Medical Suite
  • Prime location in the heart of the Central Avenue Business District
  • Approximately 5 minutes drive to Banner University, St. Joseph’s Hospital & Medical Center and Barrow Neurological Hospital

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

AZ Family Law ... Law Firm Guillermo Andrade Physician Professional In Home TV ... Computer & Electronic Repair Dr. William R. ... Physician Consulate General of Mexico Foreign Consulate

Suggested Use

Top Pick Storage Facility Auto Parts Store Pet Grooming Service (Bike/Boat/Book/etc) Store Tanning Salon Carpet & Flooring 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
$4.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,708
Businesses Nearby
Under-served
Demand for This Use

Demographics for 85004, AZ

8,833
Population
6,455
Households
1.4
Avg Household Size
32
Median Age
59%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
4,206
Density / Sq Mi
$71,250
Median Household Income
$46,376
Median Earnings
$1,759
Median Rent
$365,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Phoenix, AZ

$24.54 /SF/Yr
Avg Asking Price
$3.57–$38 /SF/Yr
Price Range
10,468 SF
Avg Space Size

This space is priced 18% above the average of $24.54 /SF/Yr.

Average Price Trend$/SF/Yr for Medical Office Space in Phoenix, AZ

$16.52 Jul
$20.4 Aug
$22.83 Sep
$23.69 Oct

Properties on Market for Medical Office Space in Phoenix

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • North Kenilworth Veterinary Care — 342 W McDowell Rd, Phoenix, AZ 85003

Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical suite in multi-tenant building, Central Avenue Business District.
Where is this medical office space located?
The property is located at 320 E McDowell Rd Phoenix, AZ.
What is the lease rate?
The lease rate is $29 SF/Yr.
What are key features of this property?
This property features: Built‑out Medical Suite; Prime location in the heart of the Central Avenue Business District; Approximately 5 minutes drive to Banner University, St. Joseph’s Hospital & Medical Center and Barrow Neurological Hospital
(602) 920-6379 Call to check price and availability
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