4501 W Indian School Rd, Phoenix, AZ 85031
For Lease
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This exceptional Phoenix commercial property presents a unique owner-user opportunity. Priced at $829,900, this 1,955 square foot Class B medical office building boasts a 100% occupancy rate, generating a current NOI of $75,000 and a pro-forma NOI of $144,000, representing a 9.04% cap rate and a pro-forma cap rate of 17.35%. Situated on a desirable 5,794 square foot corner lot at 4501 W Indian School Rd, Phoenix, AZ 85031 (APN 107-23-001), this single-story, 1962-built building features ample parking (10 spaces) and is zoned C-1. The interior offers a well-appointed reception area, private offices, and private restrooms, with high ceilings and tile flooring. Its prime location in a high-traffic area provides excellent visibility and accessibility to major roads, public transportation, and amenities. The established dental practice adds immediate income potential, making this a compelling investment for both business owners and investors seeking a strong return. The seller may offer owner financing. Don't miss this chance to acquire a thriving business and valuable real estate in a vibrant Phoenix neighborhood.
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H & K Dental Center Dental Office
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Dr. Hector M. Nunez, DDS Dental Office
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11hector Nunez Dental Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
C-1 · Phoenix, AZPhoenix. Always verify with local authorities before improvements.
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.