926 Mcdowell RdPhoenix, AZ 85006

Property Details for 926 Mcdowell Rd

Year built

1965

Construction

CONCRETE

Lot size

1.95 AC

Property size (Sq ft)

57,136 SF

Zone code

C-2

Property type

Medical offices

Property subtype

Medical centers

APN

117-32-112A

APU

11732112A

Description

This exceptional Class A medical office building, located at 926 E McDowell Rd in Phoenix, Arizona, offers a prime opportunity for healthcare providers seeking flexible and modern space. The 51,465 square foot building, situated on a 2.4-acre lot, boasts a range of suite sizes, accommodating businesses needing anywhere from 1,210 to a maximum contiguous 3,840 square feet. Currently, 9,493 square feet of space is available for lease. Built in 1965 and extensively renovated in 2014, the property provides a comfortable and updated environment for patients and staff. Ample parking is available with 109 spaces. The building enjoys excellent tenant synergy, with existing occupants including a dialysis center, ENT, otology, OB/GYN, family practice, internal medicine, podiatry, neurology, dental practices, and Sonora Quest Labs. This location in Maricopa County offers easy access for patients and employees, making it an ideal location for a variety of medical practices. The property's multiple tenancy structure allows for a diverse range of medical professionals to thrive in a collaborative setting. This is a rare opportunity to secure high-quality medical office space in a thriving Phoenix healthcare hub. Contact us today to learn more about leasing options and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $12,624,555

  6.5%

  $11,653,436

  7%

  $10,821,047

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,807,514

  Geo Method

  $8,807,514

• Alternative Use

  Use

  Valuation

  Residential Income

  $14,450,260

  Hospitality / Lodging

  $13,236,361

  Institutional / Educational

  $11,012,497

  Healthcare / Senior Housing

  $11,391,233

  Retail / Commercial

  $17,130,550

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.4662

Longitude

-112.061

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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