For Sale
$12,500,000

15601 28Th AvePhoenix, AZ 85053

$12.5M, 40,620 SF, I-17 Corridor

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 40,620 square foot Class B medical office building in Phoenix, Arizona, presents a compelling owner-user opportunity with income potential. Located on the I-17 corridor, near the Loop 101/I-17 interchange, Deer Valley, and TSMC, this single-building property boasts a prime location within the Arizona Business Park. The building, renovated in 2017, features a mix of medical office space, including lab rooms, exam rooms, and operating rooms, along with general office space, spacious restrooms, an elevator, and two stairwells. The first floor encompasses general office space, medical offices, and a surgery center (approximately 22,395 square feet), which may be available for a leaseback. The second floor, totaling approximately 13,558 square feet, is currently vacant and is built out as flexible classroom/training space with its own restrooms, elevator, and stairwell access. Additionally, there is approximately 11,784 square feet of shell space available for lease on the first floor. The property sits on a 167,967 square foot lot, with highway frontage and prominent electronic monument signage. The asking price is $12,500,000, with a price per square foot of $307.73. The property is zoned CP/GCP and has a Maricopa County APN of 207-42-257. This is a rare opportunity to acquire a well-located, versatile medical office building with significant income potential and leaseback possibilities.

Highlights

  • First-floor surgery center, 22,395 RSF, potential leaseback option.
  • Second floor, 13,558 RSF, vacant, finished classroom/training space.
  • ±1,784 RSF first-floor shell space and ±13,558 RSF second-floor training space available for lease.

Property Details for 15601 28Th Ave

Property type
Office properties, Medical offices
Square Feet
40,620 SF
Class
B
Year Renovated
2017
Buildings
1

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.6281506
Longitude
-112.1175294
15601 28Th Ave, Phoenix, Arizona

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15601 28Th Ave
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