Three-Story Medical Office
For Sale
Contact for pricing
Pending
555 N 18th St, Phoenix, AZ 85006
Class A medical office property with institutional tenancy, a renovated education facility, and access to a multi-hospital medical campus.
Property Size49,781 SF
Days on Market142
Property Features for 555 N 18th St
General Information
Standard status
Pending
Size
49,781 SF
Class
A
Property subtype
Office
Occupancy
92%
Building Details
Year Built
2006
Buildings
1
Stories
3
Building Size
49,781 SF
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Phoenix
(954) 547-7212
Listed By:
Tivon Moffitt · License #AZ BR639369000
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 4:05PM
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 Marcus & Millichap - Phoenix
Investment Insights
Based on property information with market context.
This three-story Class A medical office building was constructed in 2006 and is 92% occupied. Maricopa County Community College District is the largest tenant, using nearly 29,000 square feet for Gateway Community College’s nursing program and related medical training. The tenant completed an extensive renovation for its occupancy and operates under a 10-year NNN lease that began in February 2020, with 3% annual increases.
The property is part of a medical campus with four hospital buildings, including St. Luke’s Medical Center, St. Luke’s Behavioral Hospital, Allegiant Healthcare of Phoenix, and Reunion Rehabilitation Hospital - Phoenix. The campus also includes the headquarters and research center of Southwest Autism Research & Resource Center. St. Luke’s Medical Center has 226 inpatient beds, while the behavioral hospital and Allegiant Healthcare facilities each have 120 inpatient beds; Reunion Rehabilitation Hospital includes 48 private patient suites.
The property is part of a medical campus with four hospital buildings, including St. Luke’s Medical Center, St. Luke’s Behavioral Hospital, Allegiant Healthcare of Phoenix, and Reunion Rehabilitation Hospital - Phoenix. The campus also includes the headquarters and research center of Southwest Autism Research & Resource Center. St. Luke’s Medical Center has 226 inpatient beds, while the behavioral hospital and Allegiant Healthcare facilities each have 120 inpatient beds; Reunion Rehabilitation Hospital includes 48 private patient suites.
Key Highlights
- 92% occupied medical office building constructed in 2006
- Maricopa County Community College District occupies nearly 29,000 square feet
- 10‑year NNN lease commenced in February 2020, with 3% annual increases
Property Analytics
Current Use
Lease Details
92%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
994
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85006, AZ
23,797
Population
10,607
Households
2.2
Avg Household Size
34
Median Age
27%
College-Educated
78%
High-School Grad
4.0 sq mi
ZIP Area
5,949
Density / Sq Mi
$60,742
Median Household Income
$39,899
Median Earnings
$1,168
Median Rent
$376,600
Median Home Value
Market
Vacancy Rate% for Office in Phoenix, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Class A medical office property with institutional tenancy, a renovated education facility, and access to a multi-hospital medical campus.
Where is this medical office space located?
The property is located at 555 N 18th St Phoenix, AZ.
What are key features of this property?
This property features: 92% occupied medical office building constructed in 2006; Maricopa County Community College District occupies nearly 29,000 square feet; 10‑year NNN lease commenced in February 2020, with 3% annual increases
