Freestanding Medical Office
For Sale
Contact for pricing
Pending
515 E Thomas Rd, Phoenix, AZ 85012
Five exam rooms, private offices, and clinical support areas create a functional medical practice layout.
Property Size4,720 SF
Days on Market292
Property Features for 515 E Thomas Rd
General Information
Standard status
Pending
Size
4,720 SF
Class
A
Property subtype
Office
Occupancy
100%
Investment Type
Owner/User
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2001
Buildings
1
Stories
1
Building Size
4,720 SF
Tenancy
Single
Owner Occupied
Yes
Abandoned
No
Listing Agency:
Institutional Property Advisors
(954) 547-7212
Listed By:
Peter Bauman · License #AZ SA647389000
Source:
Crexi
Added: Nov 11, 2025
Changed: Aug 29
Last Checked: Aug 29 at 3:28PM
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 Institutional Property Advisors
Investment Insights
Based on property information with market context.
This freestanding medical office building contains ±4,720 SF and was constructed in 2001. The interior includes five exam rooms, three private offices, a lab, an oversized nurses station, a file room, reception, a break room, and ample parking. A single OBGYN practice has occupied the property since development, providing a defined medical-office configuration for continued use or customization.
The property is located at 515 E Thomas Rd in Phoenix, along the Thomas Road corridor within an established medical and professional district. St. Joseph’s Hospital, Phoenix Children’s Hospital, and Banner – University Medical Center are minutes away. State Route 51, Interstate 10, and Downtown Phoenix provide regional and urban access for patients and staff.
The property is located at 515 E Thomas Rd in Phoenix, along the Thomas Road corridor within an established medical and professional district. St. Joseph’s Hospital, Phoenix Children’s Hospital, and Banner – University Medical Center are minutes away. State Route 51, Interstate 10, and Downtown Phoenix provide regional and urban access for patients and staff.
Key Highlights
- ±4,720 SF freestanding medical office building
- Five exam rooms, three private offices, and one lab
- Oversized nurses station, file room, reception, and break room
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,283
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85012, AZ
8,201
Population
5,269
Households
1.6
Avg Household Size
39
Median Age
60%
College-Educated
95%
High-School Grad
2.3 sq mi
ZIP Area
3,566
Density / Sq Mi
$80,242
Median Household Income
$57,228
Median Earnings
$1,693
Median Rent
$701,200
Median Home Value
Market
Vacancy Rate% for Office in Phoenix, AZ
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Five exam rooms, private offices, and clinical support areas create a functional medical practice layout.
Where is this medical office space located?
The property is located at 515 E Thomas Rd Phoenix, AZ.
What are key features of this property?
This property features: ±4,720 SF freestanding medical office building; Five exam rooms, three private offices, and one lab; Oversized nurses station, file room, reception, and break room
