1407 S 9th Ave

Cushman & Wakefield’s Healthcare Advisory Practice is pleased to present the opportunity to acquire the facility at 1407 South 9th Avenue in Phoenix, AZ (“The Property”). This 40-bed psychiatric hospital, previously serving patients throughout the Phoenix Metro area and as far as Flagstaff, offers an outstanding investment in a proven healthcare facility. Currently vacant, the property is ready for immediate occupancy. Importantly, the necessary licenses and entitlements to operate a residential treatment facility have been obtained previously and can easily be reinstated, allowing a new operator to swiftly begin operations.
During its previous operation, the hospital successfully maintained a strong patient base, operated in-network with most insurance providers, and demonstrated consistent demand. Centrally located, the property provided excellent access for patients and featured shuttle services connecting major hospital emergency departments and underserved rural areas to the facility.
Phoenix, with a population exceeding 1.6 million, ranks among the top five most populous cities in the United States. Known for its favorable climate and robust economic growth, the region offers significant opportunities for a new operator to meet the growing demand for psychiatric services. This facility presents a unique opportunity to quickly reestablish a vital healthcare service in a high-demand market.