602-702-4663
12251 N 32nd St, Phoenix, AZ for Sale
Medical - FOR SALE
1/7
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12251 N 32nd St
Phoenix, AZ 85032
Paradise Valley North


HIGHLIGHTS

  • Multi-tenant office property totaling 13,912 SF on 1.28 acres with 70% occupancy.
  • Strategic location on 32nd Street near Cactus Road with direct access to Arizona SR-51 freeway.
  • Recent building enhancements including new roof and HVAC replacement.
  • Highly visible monument signage along a major traffic corridor with 16,983 vehicles per day.
  • Surrounded by established retail, dining, and service providers within dense residential communities.
  • Strong trade area fundamentals with projected population growth and household incomes above $115,000 in the immediate vicinity.

OVERVIEW

This exceptional office investment opportunity offers strong fundamentals and location advantages within central Phoenix. The property consists of a 13,912 SF multi-tenant office building situated on 1.28 acres and is currently 70% leased, providing immediate income upside with additional leasing potential. Positioned just north of Cactus Road along 32nd Street, the asset boasts high visibility and easy access to Arizona State Route 51, ensuring connectivity to metro Phoenix’s thriving business corridors and residential communities. Recent capital improvements, including a new roof and upgraded HVAC, enhance long-term operational efficiency. Monument signage along a well-trafficked arterial with 16,983 CPD strengthens exposure for tenants. Within a five-mile radius, demographics signal ongoing stability with an average household income exceeding $119,000 and population projections indicating continued growth. Surrounded by strong retail anchors and established neighborhoods, this property offers investors durable demand drivers and proven tenancy anchored by recognizable brands. Secure this opportunity with sustained income performance and attractive positioning in one of Phoenix's most accessible office corridors.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cactus Medical & Professional Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.28 AC

LAND SF

55,844 SF

ZONING

CO, Phoenix

APN/PARCEL ID

166-01-007M

ASK ABOUT THIS PROPERTY

Rommie MojahedCRE8 AdvisorsMore Info
602-702-4663

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Rommie MojahedCRE8 AdvisorsMore Info
602-702-4663

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.