926 Mcdowell RdPhoenix, AZ 85006

  • Healthcare properties
  • 57,136 SF
For Lease

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
Healthcare properties
Property subtype
Medical offices
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
    $14,450,260
    Hospitality
    $13,236,361
    Educational
    $11,012,497
    Medical
    $11,391,233
    Retail
    $17,130,550
926 Mcdowell Rd, Phoenix, Arizona

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$35,323
-
-
$1,733,262
-
$2,711,600
$8,691,100
$11,402,700

FAQs

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