Renovated Two-Story Medical Office
For Sale
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4801 E McDowell Rd, Phoenix, AZ 85008
2023 renovation modernized this two-story, multi-tenant medical and professional office building with 10 condominium units.
Property Size21,884 SF
Days on Market208
Property Features for 4801 E McDowell Rd
General Information
Standard status
Active
Size
21,884 SF
Property subtype
OFFICE
Site & Location
Neighborhood
Camelback East
Traffic Count
50,000 vehicles/day
Highway Access
Yes
Additional Details
Business Included
No
Amenities
inviting courtyard
prominent building signage on McDowell Road
Building Details
Year Renovated
2023
Stories
2
Tenancy
Multi
Listing Agency:
LevRose Commercial Real Estate
(480) 947-0600
Listed By:
Hunter Chasse · License #SA657832000
(480) 289-4225
Source:
Moodyscre
Added: Apr 7
Changed: Oct 25
Last Checked: Oct 30 at 4:51PM
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
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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. The modernization included new HVAC systems, a new roof, and full building upgrades, and the property was re-platted into 10 individual condominium units to support either leasing or purchasing a specific suite. The complex includes an inviting courtyard that adds a community feel within the office environment.
Located at 4801 E McDowell Rd in Phoenix, the building benefits from prominent visibility with signage on McDowell Road and approximately 150,000 VPD. The property also offers immediate access to Phoenix Sky Harbor International Airport and the regional freeway network via SR-143, supporting strong convenience and connectivity for tenants and visitors.
Flexible unit sizes accommodate a range of users, with options from 1,182 to 8,166 SF.
Located at 4801 E McDowell Rd in Phoenix, the building benefits from prominent visibility with signage on McDowell Road and approximately 150,000 VPD. The property also offers immediate access to Phoenix Sky Harbor International Airport and the regional freeway network via SR-143, supporting strong convenience and connectivity for tenants and visitors.
Flexible unit sizes accommodate a range of users, with options from 1,182 to 8,166 SF.
Key Highlights
- ±21,884 SF, two‑story, multi‑tenant medical and professional office building
- Extensive $1.5 million renovation completed in 2023, including new HVAC systems and a new roof
- Re‑platted into 10 individual condominium units, giving businesses the option to lease or purchase their suite
Property Analytics
Who owns this building?
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Current Use
Lease Details
50,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
759
Businesses Nearby
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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
Vacancy Rate% for Office in Phoenix, AZ
Frequently Asked Questions
What type of property is this?
Office unit - 2023 renovation modernized this two-story, multi-tenant medical and professional office building with 10 condominium units.
Where is this office unit located?
The property is located at 4801 E McDowell Rd Phoenix, AZ.
What are key features of this property?
This property features: ±21,884 SF, two‑story, multi‑tenant medical and professional office building; Extensive $1.5 million renovation completed in 2023, including new HVAC systems and a new roof; Re‑platted into 10 individual condominium units, giving businesses the option to lease or purchase their suite
