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Purpose-Built Ambulatory Surgery Center
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535 East McKellips Road, Mesa, AZ 85203

Purpose-built ambulatory surgery center with specialized surgical construction offered as fee simple, low-management healthcare asset.

Property Size54,777 SF
Price / SF$1,113
Days on Market51

Property Features for 535 East McKellips Road

General Information

Standard status Active
Size 54,777 SF
Property subtype Office
Occupancy 100%
Lease Type NNN

Building Details

Year Renovated 2018
Units 9
Tenancy Single
Listing Agency: Bellagio Real Estate
Listed By: Shannon Hall · License #BR117465000
Source: Crexi
Added: Jul 14 Changed: Aug 24 Last Checked: Aug 31 at 6:44AM

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 Bellagio Real Estate

Investment Insights

Based on property information with market context.

The 535 E. McKellips Rd Building 3 asset is a purpose-built ambulatory surgery center constructed for specialized surgical use. The property is offered in fee simple and positioned as a low-management East Valley healthcare investment.

This offering is part of a medical office portfolio that includes multiple healthcare properties across the Valley and surrounding regions, providing a blend of medical real estate product types and geographic exposure.

Key Highlights

  • 5060 N. 19th Ave., Phoenix: 54,777 SF medical office with a 2018 renovation for a large central Phoenix healthcare asset.
  • Purpose‑built ambulatory surgery center: specialized surgical construction offered as fee simple, low‑management healthcare asset.
  • 11323 W. Bell Rd., Surprise: single‑tenant medical office with a stable NNN profile and no association requirements.

Property Analytics

Current Use

Islands Miracle (Bike/Boat/Book/etc) Store Casie Vinson, NP Physician McGough Adamson Landscaping My House LLC Home Health Care Service NextCare Urgent Care ... Medical Clinic

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Dental Office Big Box & Wholesale 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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

386
Businesses Nearby
Under-served
Demand for This Use

Demographics for 85203, AZ

37,962
Population
14,020
Households
2.7
Avg Household Size
33
Median Age
29%
College-Educated
91%
High-School Grad
9.3 sq mi
ZIP Area
4,082
Density / Sq Mi
$72,851
Median Household Income
$40,524
Median Earnings
$1,388
Median Rent
$388,300
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Purpose-built ambulatory surgery center with specialized surgical construction offered as fee simple, low-management healthcare asset.
Where is this medical office space located?
The property is located at 535 East McKellips Road Mesa, AZ.
What is the asking price?
The asking price for this property is $61,000,000.
What are key features of this property?
This property features: 5060 N. 19th Ave., Phoenix: 54,777 SF medical office with a 2018 renovation for a large central Phoenix healthcare asset.; Purpose‑built ambulatory surgery center: specialized surgical construction offered as fee simple, low‑management healthcare asset.; 11323 W. Bell Rd., Surprise: single‑tenant medical office with a stable NNN profile and no association requirements.
More about this property
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