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    20414 27Th Ave Phoenix, AZ 85027

    For Lease
    $24 SF/Yr

    Phoenix Medical Office Building, 81,907 SF

    Lot size:
    81,907 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This Class A, five-story medical office building, constructed in 2008, offers 81,907 square feet of prime space in Phoenix, Arizona. Located at 20414 N 27th Ave, 85027, in Maricopa County, the building boasts a convenient location, just half a mile from HonorHealth Deer Valley Medical Center. Its strategic position provides easy access to major transportation arteries, including a one-minute drive to the West Loop 101 and a three-minute drive to Interstate 17. This ensures seamless connectivity to residential areas, entertainment venues, and retail establishments. Currently, there are 16,381 square feet of vacant space available, with multiple suites ranging from 1,804 to 2,963 square feet. The building features ample parking, with a ratio of 5.19 spaces per 1,000 square feet. The property enjoys a prestigious location, surrounded by prominent corporate neighbors such as Sonora Quest Labs, Simon Med Imaging, Southwest Desert Cardiology, and United Healthcare (Optum). This presents a unique opportunity for medical professionals seeking a high-profile location with excellent accessibility and a strong tenant base. The building's modern design and prime location make it an ideal investment for those seeking a thriving medical office environment.

    Property Features for 20414 27Th Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    81,907 SF
    Class
    A
    Total Rate
    163814

    Building Details

    Year Built
    2008
    Stories
    5

    Unit(s) available at that property

    Space
    240
    Size
    1,804 SF
    Rate per SF
    $26
    Space
    440
    Size
    2,527 SF
    Rate per SF
    $26
    Space
    200
    Size
    2,864 SF
    Rate per SF
    $26
    Space
    215
    Size
    2,963 SF
    Rate per SF
    $26

    HighLights

    • ±81,907 SF Class A, 5‑story medical office building built in 2008.
    • Building exterior and monument signage available with visibility from the Loop 101 and 27th Avenue.
    • Two‑minute proximity to Deer Valley Towne Center with 496,000 SF of retail amenities.
    • Above‑average 5.19/1,000 parking ratio with elevator‑served, 5‑level parking structure.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lifeprint Medical Center Sonora Quest Laboratories Medical Laboratory SimonMed Imaging - Deer ... Medical Diagnostic Imaging Center Blink Charging Station Electric Vehicle Charging Station Marina Kandova Nurse Practitioner

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.11775398998
    Latitude
    33.672434440228

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    FAQs

    What type of property is this?
    Medical office - Phoenix Medical Office Building, 81,907 SF
    Where is this medical office located?
    The property is located at 20414 27Th Ave Phoenix, AZ.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: ±81,907 SF Class A, 5-story medical office building built in 2008.; Building exterior and monument signage available with visibility from the Loop 101 and 27th Avenue.; Two-minute proximity to Deer Valley Towne Center with 496,000 SF of retail amenities.
    Request Owner's contact information
    20414 27Th Ave Phoenix, AZ 85027
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    Phoenix, AZ 85027
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20414 27Th Ave Phoenix, AZ 85027
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