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    Northern Ave Phoenix, AZ 85021

    For Lease
    $13 SF/Yr

    Prime Phoenix medical office space available.

    Lot size:
    91,405 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    Located in Phoenix, Arizona's Black Canyon Corridor, Phoenician Plaza offers 19,150 square feet of vacant medical office space across four buildings totaling 91,405 square feet. This multi-story office park, situated on a 5.4-acre lot at 2222-2228 W Northern Ave, 85021, underwent a complete renovation in 2022. Originally constructed in 1984, the property boasts a tranquil courtyard with a koi pond. Spaces range from 773 to 5,135 contiguous square feet, with a minimum divisible space of 773 square feet. The property features ample parking (4 spaces per 1,000 square feet), elevators, and is zoned C-O. This Maricopa County location provides easy access to major transportation routes and a vibrant medical community. The property is ideal for medical practices seeking modern, well-maintained space in a desirable location. The attractive courtyard provides a peaceful environment for both patients and staff. This is a unique opportunity to secure high-quality medical office space in a thriving area of Phoenix.

    Property Features for 0 Northern Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    91,405 SF
    Total Rate
    99022.08

    Building Details

    Year Built/Renovated
    1984/2022
    Buildings
    4

    Unit(s) available at that property

    Space
    Suite D 265
    Size
    2,146 SF
    Rate per SF
    $13
    Space
    Suite D 240
    Size
    2,983 SF
    Rate per SF
    $13
    Space
    Suite D 208
    Size
    910 SF
    Rate per SF
    $13
    Space
    Suite D110
    Size
    1,747 SF
    Rate per SF
    $13
    Space
    Suite D 260
    Size
    773 SF
    Rate per SF
    $13
    Space
    Suite D-100
    Size
    3,560 SF
    Rate per SF
    $13
    Space
    Suite C 130/140
    Size
    5,135 SF
    Rate per SF
    $13
    Space
    Suite C-140
    Size
    3,448 SF
    Rate per SF
    $13
    Space
    Suite C-130
    Size
    1,686 SF
    Rate per SF
    $13
    Space
    Suite D-250
    Size
    760 SF
    Rate per SF
    $13

    HighLights

    • Professional on‑site property management.
    • Strategic location ideal for healthcare‑related businesses.
    • Attractive courtyard with koi pond.
    • High‑visibility monument signage opportunity.
    • Excellent visibility on Northern Ave, a major thoroughfare.
    • Ample surface and covered parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.1076743
    Latitude
    33.5538273

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    FAQs

    What type of property is this?
    Medical office - Prime Phoenix medical office space available.
    Where is this medical office located?
    The property is located at Northern Ave Phoenix, AZ.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: Professional on-site property management.; Strategic location ideal for healthcare-related businesses.; Attractive courtyard with koi pond.
    Request Owner's contact information
    Northern Ave Phoenix, AZ 85021
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    Phoenix, AZ 85021
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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

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    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
    Northern Ave Phoenix, AZ 85021
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