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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

100046 Metro Pkwy Phoenix, AZ 85029

49,789 SF
Property ID
Property summary
AI-generated overview

This exceptional medical office opportunity is located at the Shops at Metro Center Parkway, offering a total of 49,789 square feet across three suites in a Class B building. Currently available are multiple spaces ranging from a minimum of 2,913 square feet to a maximum contiguous space of 6,545 square feet. The spaces are currently in grey shell condition, providing a blank canvas for tenant build-out and customization. This location benefits from its adjacency to Mind 24/7, a thriving health provider with three Phoenix locations, and the recent opening of a 40,000 square foot Adelante Healthcare facility to the south, solidifying this area as a burgeoning healthcare corridor along Metro Parkway. The property enjoys excellent visibility and accessibility, situated directly across from Metro Center Mall, which is undergoing significant redevelopment. This strategic location offers access to a substantial market, with 440,000 people residing within a five-mile radius, boasting an average income of $73,000. The property's multiple tenancy structure provides flexibility for various medical practices or healthcare-related businesses seeking a prominent and well-positioned space. This is a rare opportunity to establish or expand your practice in a rapidly growing and highly desirable area.

Property profile
Verified
Property type Retail properties & Spaces
Total area 49,789 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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