For Sale
$3,600,000

4735 Union Hills DrPhoenix, AZ 85050

8,600 SF Medical Office, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
115
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.

Highlights

  • Fully occupied by Phoenix Pediatrics, a well-established pediatric practice with a 21-year history at this location and 50 years in the Phoenix area.
  • Custom-built for pediatric healthcare, featuring state-of-the-art medical infrastructure.
  • 8,600 SF medical office building on a 0.88-acre lot, built in 2003.
  • Strong Phoenix healthcare market with growing demand for specialized pediatric services.
  • Stable Phoenix economy supporting healthcare operations.
  • Secure investment opportunity due to the essential nature of healthcare services.

Property Details for 4735 Union Hills Dr

Property type
Office properties, Medical offices
Square Feet
8,600 SF
Class
B
Year Built
2003
Buildings
1
Stories
1
Lot Size (sq. ft)
38,333 SF

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.6546751
Longitude
-111.9788102
4735 Union Hills Dr, Phoenix, Arizona

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4735 Union Hills Dr
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