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4735 E Union Hills Dr

8,600 SF Office Building Phoenix, AZ 85050 £2,823,876 (£328/SF)

Investment Highlights

  • STABLE TENANCY IN SPECIALIZED FACILITY

Executive Summary

STABLE TENANCY IN SPECIALIZED FACILITY
* Fully Occupied by Phoenix Pediatrics | The building is 100% leased to Phoenix Pediatrics, a longstanding and reputable pediatric care provider, ensuring stable long-term tenancy. Phoenix Pediatrics has continuously operated at the property for 21 years and has been in Phoenix for 50 years.

* Specialized Medical Facility | The building was custom-built for Phoenix Pediatrics. Tailored for pediatric healthcare, it includes state-of-the-art medical infrastructure supportive of specialized services such as lactation consultations and care for children with special health needs.

* Prime Physical Attributes | Built in 2003, this 8,600 SF medical office sits on a 0.88-acre lot, featuring modern construction and facilities optimized for healthcare services.
ROBUST MARKET AND ECONOMIC INDICATORS
* Growing Healthcare Demand | Phoenix has a rising demand for specialized healthcare services, particularly for children, driven by both demographic growth and heightened health awareness.

* Economic Stability | Phoenix’s stable economic environment supports healthcare operations, with consistent growth in both population and employment sectors.

* Investment Security | Medical office buildings continue to be a secure real estate investment, showing resilience in market fluctuations due to the essential nature of healthcare services.
ADVANTAGEOUS DEMOGRAPHICS AND LOCATION
* Demographic Advantage | Located in a family-oriented area of Phoenix with a significant population of young families and children, ensuring a continuous client base for pediatric services.

* Accessibility and Visibility | Positioned on a major thoroughfare, the property benefits from high visibility and easy access, essential for healthcare facilities.

* Surrounding Amenities | Proximity to essential services such as pharmacies, other medical specialists, and emergency services enhances the attractiveness for both
the tenant and their clients.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
8,600 SF
Building Class
B
Year Built
2003
Price
£2,823,876
Price Per SF
£328
Tenancy
Single
Number of Floors
1
Typical Floor Size
8,600 SF
Building FAR
0.22
Land Acres
0.88 AC
Zoning
C-2 - Commercial

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
215-12-628
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£165,797
  • Listing ID: 32083439

  • Date on Market: 10/06/2024

  • Last Updated:

  • Address: 4735 E Union Hills Dr, Phoenix, AZ 85050

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