1501-1515 E Osborn Rd - Medical FOR SALE


Phoenix, AZ 85014- Encanto
$7,250,000 USD
602-809-1048
1501-1515 E Osborn Rd, Phoenix, AZ for Sale
$7,250,000 USD
Medical - FOR SALE
1/6
null | 7.8% Cap Rate

1501-1515 E Osborn Rd
Phoenix, AZ 85014
Encanto


OVERVIEW

This medical office investment opportunity includes ±32,687 square feet across two buildings, with long-term, stabilized tenants, and in close proximity to multiple major hospitals. Located in the heart of Central Phoenix, the project is 96% occupied on 2.4 acres. The site is zoned R-5, allowing for potential conversion opportunities, as well as strong and stable cash flow.

FOR SALE DETAILS

PRICE

$7,250,000 USD

PRICE/SF

$222 USD /SF

CAP RATE

7.8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

79

LAND DETAILS

LAND ACRES

2.4 AC

LAND SF

104,544 SF

ZONING

R-5

APN/PARCEL ID

118-11-036J

ASK ABOUT THIS PROPERTY

Kathleen MorganTranswestern Real Estate ServicesMore Info
602-809-1048

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Kathleen MorganTranswestern Real Estate ServicesMore Info
602-809-1048

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