Medical Office Building For
For Sale
Contact for pricing
5501 N 19th Ave, Phoenix, AZ 85015
Four-story medical office building in Phoenix Opportunity Zone.
Property Size73,532 SF
Price / SF$115
Days on Market1600
Property Features for 5501 N 19th Ave
General Information
Standard status
Active
Size
73,532 SF
Class
B
Property subtype
Office
Zoning
C-O, City of Phoenix
Occupancy
48%
Lease Type
Gross
Investment Type
Value Add
Net Operating Income
$265,204
Building Details
Year Built
1985
Year Renovated
2022
Buildings
1
Stories
4
Units
29
Tenancy
Multi
Listing Agency:
Colliers - Phoenix, Arizona
(480) 721-4889
Listed By:
Emily Currie · License #AZ SA561328000
Source:
Crexi
Added: Mar 24, 2022
Changed: Aug 8
Last Checked: Aug 8 at 4:54AM
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, Arizona
Investment Insights
Based on property information with market context.
This four-story medical office building, located at 5501 N 19th Avenue in Phoenix, Arizona, is available for sale. The property, known as Parkwood Professional Plaza, encompasses 73,532 square feet. Situated in an Opportunity Zone, the property offers potential for growth and redevelopment. The location benefits from its proximity to the Metro Light Rail, which is expanding its service from north Phoenix, south to Tempe, and east to Mesa. Adjacent to Christown Spectrum Mall, the property is expected to benefit from upcoming renovations and improvements to the retail center.
Key Highlights
- Located along the Metro Light Rail, providing convenient access to north Phoenix, Tempe, and Mesa.
- Situated in a prime location for growth and redevelopment within an Opportunity Zone.
- Adjacent to Christown Spectrum Mall, benefiting from upcoming renovations and improvements.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,613
Businesses Nearby
Balanced
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
Market
Vacancy Rate% for Office in Phoenix, AZ
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Similar Off Market Nearby
- Christown Animal Hospital — 5103 N 19th Ave, Phoenix, AZ 85015
- Banfield Pet Hospital — 1745 W Bethany Home Rd, Phoenix, AZ 85015
- Arizona Skies Animal Hospital — Phoenix, AZ 85015
- Townsley Gregg DVM — phoenix, az 85013
Frequently Asked Questions
What type of property is this?
Medical Office Space - Four-story medical office building in Phoenix Opportunity Zone.
Where is this medical office space located?
The property is located at 5501 N 19th Ave Phoenix, AZ.
What is the asking price?
The asking price for this property is $8,456,180.
What are key features of this property?
This property features: Located along the Metro Light Rail, providing convenient access to north Phoenix, Tempe, and Mesa.; Situated in a prime location for growth and redevelopment within an Opportunity Zone.; Adjacent to Christown Spectrum Mall, benefiting from upcoming renovations and improvements.
