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New Two-Story Medical Center
For Sale
Contact for pricing
Pending

4620 N 16th Street, Phoenix, AZ 85016

Purpose-built healthcare facility combines dialysis, surgery, and nephrology services within a modern two-story building.

Property Size39,165 SF
Days on Market129

Property Features for 4620 N 16th Street

General Information

Standard status Pending
Size 39,165 SF
Property subtype Retail, Office, Special Purpose

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Buildings 1
Stories 2
Building Size 39,165 SF
Tenancy Multi
Listing Agency: Colliers - Phoenix, Arizona
Listed By: John Barnes · License #AZ BRO26952000
Source: Crexi
Added: Apr 24 Changed: Aug 29 Last Checked: Aug 29 at 4:06PM

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 Colliers - Phoenix, Arizona

Investment Insights

Based on property information with market context.

The newly constructed medical center occupies two stories and contains 39,165 SF designed around renal healthcare delivery. Fresenius Kidney Care and AKDHC operate from the facility, bringing dialysis, surgery, and nephrology functions together in one specialized setting. The property is configured for institutional healthcare use and is supported by modern infrastructure.

Located at 4620 N 16th Street in Phoenix, the facility sits along a north–south artery with direct connectivity to State Route 51. Phoenix Indian Medical Center is 0.6 miles away, while Banner University Medical Center, St. Joseph’s, and Abrazo Heart Hospital are identified within the surrounding medical corridor.

Both tenants occupy the property under corporate-guaranteed, long-term NNN leases. The building provides a new-construction healthcare asset in Phoenix’s established medical core, with the existing tenancy focused on renal care and related clinical services.

Key Highlights

  • 39,165 SF, two‑story medical center completed as a new‑construction healthcare facility
  • Fresenius Kidney Care and AKDHC occupy the property
  • Dialysis, surgery, and nephrology services are integrated within one facility

Property Analytics

Current Use

AG Adjustments Accounting Firm Gopher Courier Express Courier Service Arizona Rehabilitation Services Rehabilitation Center Arizona Business Enterprises State Government Office Maxxiepress Courier Service

Suggested Use

Top Pick Food Market Catering Service Bakery (Bike/Boat/Book/etc) Store Electrical Service 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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,326
Businesses Nearby

Demographics for 85016, AZ

37,326
Population
21,363
Households
1.7
Avg Household Size
38
Median Age
50%
College-Educated
94%
High-School Grad
8.2 sq mi
ZIP Area
4,552
Density / Sq Mi
$85,085
Median Household Income
$53,781
Median Earnings
$1,575
Median Rent
$508,400
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Medical center - Purpose-built healthcare facility combines dialysis, surgery, and nephrology services within a modern two-story building.
Where is this medical center located?
The property is located at 4620 N 16th Street Phoenix, AZ.
What are key features of this property?
This property features: 39,165 SF, two‑story medical center completed as a new‑construction healthcare facility; Fresenius Kidney Care and AKDHC occupy the property; Dialysis, surgery, and nephrology services are integrated within one facility
(602) 751-8455 Call to check price and availability
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