16838 Palisades BlvdFountain Hills, AZ 85268

Property Details for 16838 Palisades Blvd

Year built

1975

Construction

CONCRETE

Lot size

6.76 AC

Property size (Sq ft)

16,029 SF

Zone code

C-2

Property type

Healthcare properties

Property subtype

Medical offices

APN

176-06-001D

APU

17606001D

Description

This exceptional Fountain Hills medical office campus offers 49,054 rentable square feet across three freestanding buildings. Located at 16838 E Palisades Blvd, Fountain Hills, AZ 85268, this Class B property, built in 1975, boasts a highly desirable location in Maricopa County. Currently, three individual spaces are available, ranging in size from 784 to 3,194 square feet, providing flexibility for various medical practices. The multi-tenant configuration allows for a diverse range of medical professionals to share the space. The campus benefits from its proximity to a wealth of retail amenities and restaurants, enhancing convenience for both tenants and patients. Enjoy stunning views of the iconic Fountain Hills fountain, adding to the property's unique appeal. The property's strategic location and ample space make it an ideal investment opportunity for medical professionals seeking a thriving practice environment in a highly sought-after area. The property is well-maintained and offers a comfortable and professional atmosphere. This is a rare opportunity to secure medical office space in a vibrant and established community. Contact us today to learn more about the available spaces and schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $5,081,384

  6.5%

  $4,690,509

  7%

  $4,355,472

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,615,822

  Geo Method

  $3,615,822

• Alternative Use

  Use

  Valuation

  Residential

  $5,816,231

  Hospitality

  $5,327,636

  Educational

  $4,432,531

  Medical

  $4,584,972

  Retail

  $6,895,048

Location Insight

City

Fountain Hills

County

Maricopa

State

Arizona

Latitude

33.6084

Longitude

-111.717

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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