4735 Union Hills Dr Phoenix, AZ 85050
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.
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Dr. Pamela S. Murphy, MD Pediatrician Medical Clinic
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Bradley Fromm Golner Pediatrician Medical Clinic
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Phoenix Pediatrics - Desert Ridge Pediatrician Medical Clinic
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Gutman Robyn J MD Pediatrician Medical Clinic
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Redleaf, Melissa MD FAAP Pediatrician Medical Clinic
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
Similar Nearby for Sale
Similar Nearby for Lease
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.