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Cactus Medical & Professional Center 12251 N 32nd St 13,912 SF 70% Leased Office Building Phoenix, AZ 85032 For Sale
Investment Highlights
- Multi-tenant office property totaling 13,912 SF on 1.28 acres with 70% occupancy.
- Recent building enhancements including new roof and HVAC replacement.
- Surrounded by established retail, dining, and service providers within dense residential communities.
- Strategic location on 32nd Street near Cactus Road with direct access to Arizona SR-51 freeway.
- Highly visible monument signage along a major traffic corridor with 16,983 vehicles per day.
- Strong trade area fundamentals with projected population growth and household incomes above $115,000 in the immediate vicinity.
Executive Summary
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.
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.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
13,912 SF
Building Class
C
Year Built
1975
Percent Leased
70%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
13,912 SF
Building FAR
0.25
Lot Size
1.28 AC
Zoning
CO, Phoenix - Commercial Office
Parking
20 Spaces (5.5 Spaces per 1,000 SF Leased)
Amenities
- Monument Signage
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Medical or Office Use. Suite can be divided COMBINED FEATURES: • RECEPTION • CONFERENCE • OPEN BULL PEN • KITCHEN/BREAK • THIRTEEN (13) OFFICES - SEVERAL WITH SINKS • THREE (3) RESTROOMS INSIDE SUITE • COMMON RESTROOMS
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 7/8 | 1,319-3,866 SF | Office/Medical | - | Now |
1st Fl-Ste 7/8
| Size |
| 1,319-3,866 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| - |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 7/8
| Size | 1,319-3,866 SF |
| Space Use | Office/Medical |
| Build-Out | - |
| Available | Now |
Medical or Office Use. Suite can be divided COMBINED FEATURES: • RECEPTION • CONFERENCE • OPEN BULL PEN • KITCHEN/BREAK • THIRTEEN (13) OFFICES - SEVERAL WITH SINKS • THREE (3) RESTROOMS INSIDE SUITE • COMMON RESTROOMS
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 166-01-007M | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $195,170 |
Property Taxes
Parcel Number
166-01-007M
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$195,170
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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Cactus Medical & Professional Center | 12251 N 32nd St
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