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Recently Remodeled Medical Office Condos
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5501 N 19th Ave, Phoenix, AZ 85015

Recently remodeled suites in Parkwood Professional Plaza offer signage with 19th Avenue frontage and both underground and surface parking.

Property Size1,148 SF
Lot Size2.43 Acres
Days on Market619

Property Features for 5501 N 19th Ave

General Information

Standard status Active
Size 1,148 SF
Lot size 2.43 Acres
Property subtype OFFICE

Additional Details

Office Units 29

Amenities

signage
underground parking
surface parking
light rail access

Building Details

Tenancy Multi
Listing Agency: Colliers | Phoenix
Listed By: Emily Currie
Source: Moodyscre
Added: Nov 19, 2024 Changed: Jul 27 Last Checked: Jul 30 at 1:18PM

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 Colliers | Phoenix

Investment Insights

Based on property information with market context.

Parkwood Professional Plaza at 5501 N 19th Ave offers office and medical office suites within a professional, professionally managed setting. The property has been recently remodeled and includes signage available with 19th Avenue frontage. The building totals 73,532 rentable square feet and features 29 individual medical office condominiums on 12.43 acres.

This location is positioned on the Light Rail and is within one mile of the Abrazo Central Campus. Parking is available in both underground and surface formats, supporting a range of day-to-day access needs.

Suites are available for lease, with space offerings stated from 1,530 rentable square feet to 4,867 rentable square feet. Spec suites are available for immediate occupancy.

Key Highlights

  • Parkwood Professional Plaza at 5501 N 19th Avenue in Phoenix offers 173,532 rentable SF across 29 medical office condominium suites on 2.43 acres
  • Recently remodeled office and medical suites for sale or lease
  • Signage available with 19th Avenue frontage

Property Analytics

Current Use

Sonora Dental Group Dental Office Desert Star Institute ... High School AZ Clinical Services Drug Testing Service Desert Star Institute ... Std Clinic Carmen Duarte Physician

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm HVAC Service Electrical Service Gym & Fitness Center

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

29
Office units
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,613
Businesses Nearby

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

Market

Lease Benchmarks for Phoenix, AZ

$18.84 /SF/Yr
Avg Asking Price
$0.58–$59.85 /SF/Yr
Price Range
11,631 SF
Avg Space Size

Vacancy Rate% for Office in Phoenix, AZ

14.4% 2019
19.3% 2020
21.7% 2021
24.3% 2022
27.4% 2023
28.5% 2024
26.5% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Recently remodeled suites in Parkwood Professional Plaza offer signage with 19th Avenue frontage and both underground and surface parking.
Where is this office units located?
The property is located at 5501 N 19th Ave Phoenix, AZ.
What are key features of this property?
This property features: Parkwood Professional Plaza at 5501 N 19th Avenue in Phoenix offers 173,532 rentable SF across 29 medical office condominium suites on 2.43 acres; Recently remodeled office and medical suites for sale or lease; Signage available with 19th Avenue frontage
(480) 721-4889 Call to check price and availability
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