Medical Suite in Central
For Lease
$29 SF/Yr
320 East McDowell Road, Phoenix, AZ 85004
Medical suite in multi-tenant building, Central Avenue Business District.
Space SizeContact for details
Days on Market221
Property Features for 320 East McDowell Road
General Information
Standard status
Active
Property subtype
Healthcare
Site & Location
Neighborhood
Encanto
Listing Agency:
CBRE | Phoenix
Listed By:
Philip Wurth, CCIM
(602) 369-9261
Source:
Cbre
Added: Mar 25
Changed: Oct 31
Last Checked: Oct 30 at 12:43PM
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
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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
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Current Use
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
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Phoenix, AZ
$24.28 /SF/Yr
Avg Asking Price
$3.57–$38 /SF/Yr
Price Range
11,349 SF
Avg Space Size
This space is priced 19% above the average of $24.28 /SF/Yr.
Vacancy Rate% for Office in Phoenix, AZ
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 East McDowell Road 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
