11011 48Th StPhoenix, AZ 85044

Property Details for 11011 48Th St

Year built

1988

Construction

CONCRETE

Lot size

1.09 AC

Property size (Sq ft)

17,442 SF

Zone code

C-1

Property type

Office buildings

APN

301-54-756

APU

30154756

Description

This exceptional medical office building, located at 11011 S 48th St in Phoenix, Arizona, offers a prime opportunity for healthcare professionals seeking flexible and modern workspace. The single-story building comprises 20,112 square feet, with a total of 7,400 square feet currently available for lease. Multiple tenancy options are available, catering to a range of practice sizes. Individual suites range from a minimum of 640 square feet to a maximum contiguous space of 3,710 square feet, providing ample flexibility for expansion or downsizing. The property is situated in the desirable Ahwatukee area of Phoenix, within Maricopa County, and boasts convenient access to major transportation routes and a thriving local community. This is an ideal location for establishing or expanding a medical practice, offering a professional and efficient environment for patient care. The property's classification as a Medical Office building ensures it meets the specific needs and requirements of healthcare providers. The address is easily accessible, making it convenient for both patients and staff. This is a rare opportunity to secure high-quality medical office space in a sought-after location. Contact us today to schedule a viewing and discuss your leasing options.

• CAP approach

  CAP return

  Valuation

  6%

  $2,714,092

  6.5%

  $2,505,316

  7%

  $2,326,365

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,688,684

  Geo Method

  $2,688,684

• Alternative Use

  Use

  Valuation

  Residential

  $3,106,592

  Hospitality

  $2,845,622

  Educational

  $2,367,524

  Medical

  $2,448,946

  Retail

  $3,682,814

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.3467

Longitude

-111.98

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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