For Sale
$2,175,000

10211 32Nd StPhoenix, AZ 85028

12,799 SF Medical Office, Owner-User Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
119
This Phoenix medical office building, located at 10211 N. 32nd Street, presents a compelling owner-user opportunity. The 12,799 square foot property, built in 1978, consists of three single-story buildings situated on a one-acre lot (APN 165-02-006J). Currently housing three tenants with a modified lease structure, 6,843 square feet are immediately available for an owner-occupier. The asking price is $2,175,000, translating to $169.94 per square foot. The property is zoned C-O and boasts a prime location near Highway 51 and 32nd Street, benefiting from proximity to thriving retail developments including Starbucks, Press Coffee, and others. The property's location in a rapidly developing area, close to the PV Mall Redevelopment, offers significant long-term growth potential. The building's multi-tenant occupancy provides immediate income, allowing a buyer to leverage existing rental revenue. This presents an ideal opportunity for a medical practice seeking a headquarters, a daycare, or a preschool, or any business seeking a strategic location in a high-growth area. The occupancy date is November 18, 2024.

Highlights

  • Owner-user opportunity on 32nd Street.
  • Excellent location near medical and retail amenities.
  • Suitable for office, medical, daycare, or preschool use.
  • Conveniently located south of Shea Blvd and one block from Highway 51.
  • Features existing income from three long-term tenants.
  • Buyer/user can occupy the entire building.

Property Details for 10211 32Nd St

Property type
Office properties, Medical offices
Square Feet
12,799 SF
Class
C
Year Built
1978
Buildings
3
Stories
1
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.579270946543
Longitude
-112.01312251561
10211 32Nd St, Phoenix, Arizona

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10211 32Nd St
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