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Parkvale Medical Building

$10,650,000

4616 N 51st Ave, Phoenix, AZ 85031

Active
Last Updated: 12/05/2024

42,909 sqft

Building Size

2.507 acres

Lot Area

Details:
Building Size:    42,909 sqft
Lot Area:    2.507 acres
Class:    B
Year Built:    1980
Floors:    2
Highlights:
  • Parkvale Medical Building offers new ownership the benefits of existing cash flow stability
  • Significant upside through the lease-up of the remaining vacant suites
  • Existing leases are below market rental rates
  • Leased to a diverse mix of medical office users
  • Priced significantly below replacement cost
Description:

Prime opportunity: Parkvale Medical Building is a 2-story suburban office building located adjacent to Valleywise Behavioral Health Center (Maryvale).

Map:
Documents:
Title
4616_N_51st_Ave_OM_24-04-096v2.pdf
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