Two-Story Medical Office
For Lease
Contact for pricing
4801 E McDowell Rd, Phoenix, AZ 85008
Renovated multi-tenant medical and professional office building with upgraded HVAC, new roof, and inviting courtyard.
Space Size1,182 SF
Days on Market157
Property Features for 4801 E McDowell Rd
General Information
Standard status
Active
Size
1,182 SF
Property subtype
OFFICE
Lease Type
NNN
Site & Location
Traffic Count
50,000 vehicles/day
Highway Access
Yes
Additional Details
Office Units
10
Amenities
courtyard
building signage
Building Details
Year Renovated
2023
Stories
2
Tenancy
Multi
Spaces For Lease
at 4801 E McDowell Rd Contact us- Floor
- 2
- Size
- 1,182 SF
- Type
- OFFICE
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
4801 E McDowell Rd $16/SF/Yr
- Forty-Eight Zero One is a ±21,884 SF, two-story, multi-tenant medical and professional...
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Contact us
Listing Agency:
LevRose Commercial Real Estate
(480) 947-0600
Listed By:
Hunter Chasse · License #SA657832000
(480) 289-4225
Source:
Moodyscre
Added: Apr 7
Changed: Sep 4
Last Checked: Sep 9 at 11:13AM
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 LevRose Commercial Real Estate
Investment Insights
Based on property information with market context.
Forty-Eight Zero One is a ±21,884 SF, two-story, multi-tenant medical and professional office building that completed an extensive renovation in 2023. Improvements include new HVAC systems, a new roof, and full building modernization, supporting a refreshed, ready-to-occupy environment for a range of office uses. The property was also re-platted into 10 individual condominium units, providing flexibility for businesses to lease or purchase their own suite.
The building is strategically positioned for convenient regional access, with immediate connectivity to Phoenix Sky Harbor International Airport and the freeway network via SR-143. It also features prominent building signage on McDowell Road with ±150,000 VPD, supporting strong visibility for arriving and passing traffic. An inviting courtyard adds a community aspect to the complex.
Suite sizes are described as flexible options ranging from ±1,182 to 8,166 SF, accommodating different user space requirements within the same medical and professional office community setting.
The building is strategically positioned for convenient regional access, with immediate connectivity to Phoenix Sky Harbor International Airport and the freeway network via SR-143. It also features prominent building signage on McDowell Road with ±150,000 VPD, supporting strong visibility for arriving and passing traffic. An inviting courtyard adds a community aspect to the complex.
Suite sizes are described as flexible options ranging from ±1,182 to 8,166 SF, accommodating different user space requirements within the same medical and professional office community setting.
Key Highlights
- Multi‑tenant medical and professional office building with 21,884 SF across two stories
- Completed $1.5 million renovation in 2023 with new HVAC systems, a new roof, and full building modernization
- Re‑platted into 10 individual condominium units—businesses can lease or purchase their own suite
Property Analytics
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Current Use
Lease Details
10
Office units
50,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
759
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85008, AZ
59,047
Population
24,508
Households
2.4
Avg Household Size
30
Median Age
24%
College-Educated
75%
High-School Grad
10.2 sq mi
ZIP Area
5,789
Density / Sq Mi
$61,369
Median Household Income
$36,969
Median Earnings
$1,300
Median Rent
$323,600
Median Home Value
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Market
Lease Benchmarks for Phoenix, AZ
$21.16 /SF/Yr
Avg Asking Price
$2.77–$34 /SF/Yr
Price Range
10,687 SF
Avg Space Size
This space is priced 24% below the average of $21.16 /SF/Yr.
Vacancy Rate% for Office in Phoenix, AZ
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Renovated multi-tenant medical and professional office building with upgraded HVAC, new roof, and inviting courtyard.
Where is this medical office space located?
The property is located at 4801 E McDowell Rd Phoenix, AZ.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Multi‑tenant medical and professional office building with 21,884 SF across two stories; Completed $1.5 million renovation in 2023 with new HVAC systems, a new roof, and full building modernization; Re‑platted into 10 individual condominium units—businesses can lease or purchase their own suite
