Renovated Medical Office
For Lease
$25.50 SF/Yr
5040 North 15th Avenue, Phoenix, AZ 85015
Recently renovated medical office space in the Camelback corridor.
Space Size1,062 SF - 2,636 SF
Days on Market318
Property Features for 5040 North 15th Avenue
General Information
Standard status
Active
Size
1,062 SF - 2,636 SF
Property subtype
Healthcare
Spaces For Lease
at 5040 North 15th Avenue Contact usSuite 101 Available
Size
2,636 SF
Suite 102 Available
Size
1,062 SF
Listing Agency:
CBRE | Phoenix
Listed By:
Philip Wurth, CCIM
(602) 369-9261
Source:
Cbre
Added: Nov 22, 2025
Changed: Oct 3
Last Checked: Oct 5 at 5:46PM
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
Investment Insights
Based on property information with market context.
This is a recently renovated building featuring an excellent tenant mix. The property is located in a convenient location within the Camelback corridor, with several hospitals in close proximity. The property offers space suitable for medical offices, general office use, medical space, and healthcare properties. The property size is 5918 square feet.
Key Highlights
- Recently renovated building
- Excellent tenant mix
- Convenient location in the Camelback corridor
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.82 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,511
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85015, AZ
41,436
Population
17,889
Households
2.3
Avg Household Size
33
Median Age
25%
College-Educated
78%
High-School Grad
4.9 sq mi
ZIP Area
8,456
Density / Sq Mi
$52,585
Median Household Income
$36,456
Median Earnings
$1,227
Median Rent
$312,600
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
$23.84 /SF/Yr
Avg Asking Price
$3.57–$38 /SF/Yr
Price Range
11,575 SF
Avg Space Size
This space is priced 7% above the average of $23.84 /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 - Recently renovated medical office space in the Camelback corridor.
Where is this medical office space located?
The property is located at 5040 North 15th Avenue Phoenix, AZ.
What is the lease rate?
The lease rate is $25.50 SF/Yr.
What are key features of this property?
This property features: Recently renovated building; Excellent tenant mix; Convenient location in the Camelback corridor
