33300 32Nd Ave Phoenix, AZ 85085
This exceptional Class A medical office building, totaling 59,827 square feet, presents a unique investment opportunity in the thriving Phoenix market. Located at 33300 N 32nd Ave, Phoenix, AZ 85085, in Maricopa County, this three-story building boasts 10 suites and currently has 18,155 square feet of vacant space available for lease. Built in 2020, the property offers immediate access to a significant patient base. The building is situated on the campus of a short-term acute care hospital, providing specialized healthcare services including orthopedics, gynecology, general surgery, and outpatient medical imaging. This full-service hospital features over 200 affiliated physicians and generated over $311 million in gross patient revenue. Additional hospital amenities include labor and delivery rooms with bathtubs for low-risk pregnancies. The current tenant mix includes a strong roster of established medical practices: HonorHealth physicians, OrthoArizona, Arizona Urology, and Barrow Brain and Spine. Available spaces range from 2,185 to 7,161 square feet, providing flexibility for various medical practices. This prime location offers unparalleled access to a dense population and a robust healthcare ecosystem, making it an ideal investment for both established and emerging medical professionals. The property's modern design and convenient location ensure high occupancy rates and strong rental income potential. This is a rare opportunity to acquire a high-quality medical office building in a rapidly growing area.
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Cameron A. Roth, M.D. Physician
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Jacob Brennan Physician
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Christine Watson Physician
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Evan Kacmarynski Physician
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Natalya Schatzman Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.