9225 3Rd StPhoenix, AZ 85020

Property Details for 9225 3Rd St

Year built

1986

Construction

CONCRETE

Lot size

2.79 AC

Property size (Sq ft)

21,000 SF

Zone code

C-2

Property type

Medical offices

Property subtype

Medical centers

APN

159-46-200D

APU

15946200D

Description

Lincoln Medical Plaza I presents a unique opportunity for medical professionals seeking prime office space within a thriving healthcare ecosystem. Located on the Honor Health John C. Lincoln North Mountain Hospital campus in Phoenix, Arizona, this medical office building offers unparalleled convenience and access to a 258-bed hospital boasting a Level I Trauma Center, Primary Stroke Center, Chest Pain Center, and Cardiac Arrest Center. The building totals 29,352 square feet, with five available suites ranging from 1,084 to 2,877 contiguous square feet; a total of 8,506 square feet is currently vacant. This allows for flexibility in space requirements, catering to practices of various sizes. The property features ample surface and covered parking for both patients and staff, ensuring ease of access. On-site property management provides efficient and responsive support. Its strategic location within the affluent North Central and Bridal Path residential areas guarantees a strong patient base and high visibility. This exceptional location, combined with the building's amenities and proximity to a leading hospital, makes Lincoln Medical Plaza I an ideal choice for healthcare providers seeking a well-established and highly accessible medical office space in a dynamic and growing market. The building's multiple tenancy structure offers a diverse and collaborative environment.

• CAP approach

  CAP return

  Valuation

  6%

  $3,429,086

  6.5%

  $3,165,310

  7%

  $2,939,216

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,237,150

  Geo Method

  $3,237,150

• Alternative Use

  Use

  Valuation

  Residential

  $3,924,984

  Hospitality

  $3,595,264

  Educational

  $2,991,218

  Medical

  $3,094,090

  Retail

  $4,653,006

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.5707

Longitude

-112.069

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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