379 E Monte Vista Rd - Medical FOR SALE


Phoenix, AZ 85004- Encanto
$1,530,000 USD
602-222-5000
379 E Monte Vista Rd, Phoenix, AZ for Sale
$1,530,000 USD
Medical - FOR SALE
1/4
null | Request Cap Rate

379 E Monte Vista Rd
Phoenix, AZ 85004
Encanto


HIGHLIGHTS

  • Located in Midtown Phoenix with walkable dining and retail
  • Excellent access to I-10, I-17, and SR-51
  • Prominent building signage and shared parking
  • Interior in excellent condition with potential move-in readiness
  • Priced below replacement cost for immediate savings

OVERVIEW

Strategically located in Midtown Phoenix, 379 E Monte Vista Rd presents a rare opportunity to own a freestanding office building in one of the city’s most walkable and amenity-rich areas. This ±5,789 SF single-story asset offers owner-users a chance to control their workspace and avoid rising rental costs, while investors benefit from its prime location and stable demand. Built in 1981 and previously occupied by a development firm, the interior is in excellent condition and may be move-in ready. The property features prominent signage and shared parking with a neighboring restaurant, where peak traffic occurs in the evening—ideal for daytime office use. Just west of 7th Street, the site offers direct access to I-10, I-17, and SR-51, connecting it to the broader Phoenix metro. Nearby walkable dining options include Marisco Boys, Green New American Vegetarian, Nami, and Sunshino Mexican Roll. With construction costs on the rise, this building is priced below replacement value, offering potential savings on tenant improvements if the layout suits the buyer’s needs.

FOR SALE DETAILS

PRICE

$1,530,000 USD

PRICE/SF

$264 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

C-O

APN/PARCEL ID

118-53-090

ASK ABOUT THIS PROPERTY

John BarnesColliersMore Info
602-222-5000

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John BarnesColliersMore Info
602-222-5000

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