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Property profile & analytics
OFF-MARKET
Office Spaces

4735 Union Hills Dr Phoenix, AZ 85050

8,600 SF 0.88 ac lot Built 2003
Property ID
Property summary
AI-generated overview

This exceptional 8,600 square foot medical office building, situated on a 0.88-acre lot in Phoenix, Arizona's Paradise Valley area, presents a compelling investment opportunity. Built in 2003, this single-story Class B building is currently 100% occupied by Phoenix Pediatrics, a well-established pediatric practice with a 21-year history at this location and 50 years in the Phoenix area. The property boasts a strong 6.86% cap rate and is priced at $3,600,000 ($418.60/SF). Its prime location on a major thoroughfare ensures high visibility and accessibility, while its proximity to pharmacies, other medical specialists, and emergency services enhances its appeal. The building's custom design caters specifically to pediatric healthcare, incorporating state-of-the-art infrastructure suitable for specialized services. The robust Phoenix healthcare market, coupled with the stable tenancy and specialized nature of the facility, makes this a secure and attractive investment. The property's advantageous demographics, situated in a family-oriented area with a significant young family population, further contribute to its long-term viability. This core+ investment offers a unique blend of stable income, strong market fundamentals, and a specialized facility perfectly suited to the growing demand for pediatric care in the Phoenix metropolitan area. The building's modern construction and efficient layout optimize functionality and operational efficiency. This is a rare opportunity to acquire a fully occupied, high-performing medical office building in a desirable location.

Property profile
Verified
Property type Office Spaces
Year built 2003
Total area 8,600 SF
Lot 0.88 ac (38,333 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
Current use
Occupant on record · Public records
  • Dr. Pamela S. Murphy, MD Pediatrician Medical Clinic
  • Bradley Fromm Golner Pediatrician Medical Clinic
  • Phoenix Pediatrics - Desert Ridge Pediatrician Medical Clinic
  • Gutman Robyn J MD Pediatrician Medical Clinic
  • Redleaf, Melissa MD FAAP Pediatrician Medical Clinic
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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