Property summary
This exceptional 6,648-square-foot freestanding medical office building is ideally situated at 5115 N Central Ave in Phoenix, Arizona, within Maricopa County. Currently vacant, this Class B property presents a unique opportunity for a single tenant seeking a prominent location. The building boasts convenient drive-up patient access, ensuring ease of use for patients and staff. Its prime location just north of Uptown Plaza provides immediate access to a variety of amenities, including numerous shops and restaurants within walking distance, enhancing both patient and staff convenience. The property's former use as a surgery center makes it particularly well-suited for medical practices or ambulatory surgery centers. The building offers excellent visibility with monument signage available, ensuring high brand recognition. Furthermore, existing plans for an ASC buildout are available to the new owner, streamlining the process of adapting the space to specific needs. This is a rare opportunity to acquire a fully vacant, well-located medical office building in a thriving area of Phoenix. The property's size and features make it an ideal space for a medical practice seeking a high-profile location with convenient access and ample amenities nearby. The zip code is 85012.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Physician
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Medical Clinic
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Medical Clinic Hospital
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Phoenix, AZThe purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-2 in Phoenix, AZ.
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Find the owner behind the property.
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