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Elevator-Served Medical Office Space
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4616 N 51st Ave, Phoenix, AZ 85031

Elevator-served, fully built-out medical suites in a professionally managed, well-maintained facility with covered reserved parking.

Space Size1,635 SF
Days on Market490

Property Features for 4616 N 51st Ave

General Information

Standard status Active
Size 1,635 SF
Elevators Yes
Property subtype OFFICE
Lease Type NNN

Space & Availability

Space Use Medical Office
Condition Turnkey

Building Details

Parking Ratio 4.8 per 1,000 SF

Spaces For Lease

at 4616 N 51st Ave Contact us

Parkvale Medical Building $18.80/SF/Yr

Floor
2
Size
1,635 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Highly visible property with building signage potential - Fully built-out medical...
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Listing Agency: NAI Horizon - Phoenix
Listed By: Thomas Bean CCIM
Source: Moodyscre
Added: Apr 10, 2025 Changed: Aug 8 Last Checked: Aug 12 at 12:18PM

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 NAI Horizon - Phoenix

Investment Insights

Based on property information with market context.

Elevator-served medical office space with fully built-out medical suites. The property is professionally managed and described as well-maintained, and it supports tenant improvements depending on the specific space and terms.

Located at 4616 N 51st Ave, Phoenix, AZ 85031, the building offers signage potential to support visibility. Parking is supported by a 4.8:1000 parking ratio, including covered, reserved spaces.

With its turnkey medical suite configuration and available tenant improvements, this space is positioned for medical users looking for an interior-ready setup within an actively managed facility.

Key Highlights

  • 1,575 SF medical office space
  • Fully built‑out medical suites available
  • Elevator served

Property Analytics

Current Use

Terros Health - 51st ... Medical Clinic Amanah Health Medical Clinic Clay Kilpatrick Physician Woodbeck Terry MD Physician Genoa Healthcare Pharmacy

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Spa & Massage Center Gym & Fitness Center Hair Salon

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
$2.82 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

856
Businesses Nearby
Under-served
Demand for This Use

Demographics for 85031, AZ

31,162
Population
8,816
Households
3.5
Avg Household Size
29
Median Age
8%
College-Educated
64%
High-School Grad
4.1 sq mi
ZIP Area
7,600
Density / Sq Mi
$59,641
Median Household Income
$36,097
Median Earnings
$1,503
Median Rent
$240,300
Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$15.98 /SF/Yr
Avg Asking Price
$0.58–$32 /SF/Yr
Price Range
11,725 SF
Avg Space Size

This space is priced 18% above the average of $15.98 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Elevator-served, fully built-out medical suites in a professionally managed, well-maintained facility with covered reserved parking.
Where is this medical office space located?
The property is located at 4616 N 51st Ave Phoenix, AZ.
What is the lease rate?
The lease rate is $18.80 SF/Yr.
What are key features of this property?
This property features: 1,575 SF medical office space; Fully built‑out medical suites available; Elevator served
(480) 273-1590 Call to check price and availability
More about this property
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