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Investment Highlights

  • Free Standing Building
  • Large conference room and large break room and elevator
  • Ample private and covered parking
  • Frontage on Virginia Ave Downtown Phoenix
  • Only 1.8 Miles from Banner University Medical center, St Joseph Hospital and Phoenix Children's Hospital
  • Close to Interstate 10 the I-17 and the 51

Executive Summary

This Free standing Medical office building located 1.8 miles from Banner University Medical Center, St Joseph Hospital and Phoenix Children Hospital. The building is also within 2 mile radius from Abrazo Arizona Heart Hospital and Phoenix VA Health System. The superior location, thoughtfully designed layout, and carefully planned floor plan make this an exceptional opportunity for any medical or professional office user.

Taxes & Operating Expenses (Actual - 2025)

Annual Annual Per SF
Taxes $30,047,345 $2,460.88
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2025)

Taxes
Annual $30,047,345
Annual Per SF $2,460.88
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $30,047,345
Annual Per SF $2,460.88

Property Facts

Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
12,210 SF
Building Class
B
Year Built/Renovated
1984/2015
Price
$3,800,000
Price Per SF
$311.22
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,105 SF
Building FAR
0.39
Lot Size
0.72 AC
Zoning
R-3 R-1 - Approved for Medical office
Parking
58 Spaces (4.75 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Signage
  • Wheelchair Accessible
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 12,210 SF
  • Office
  • Full Build-Out
  • Nov 2026

Downtown Phoenix free standing Medical or traditional office for lease. Two stories with an elevator and conveniently located 1.8 miles from Banner University Medical Center, St Joseph Hospital, and Phoenix Children's Hospital. The building is within a two mile radius of Abrazo Arizona Heart Hospital and Phoenix VA Heath System. This site is also close to the Interstate I-10 the Highway 51 and interstate I-17 with Great frontage on Virginia Ave.

Space Size Space Use Build-Out Available
1st Floor 12,210 SF Office Full Build-Out Nov 2026

1st Floor

Size
12,210 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Nov 2026

1st Floor

Size 12,210 SF
Space Use Office
Build-Out Full Build-Out
Available Nov 2026

Downtown Phoenix free standing Medical or traditional office for lease. Two stories with an elevator and conveniently located 1.8 miles from Banner University Medical Center, St Joseph Hospital, and Phoenix Children's Hospital. The building is within a two mile radius of Abrazo Arizona Heart Hospital and Phoenix VA Heath System. This site is also close to the Interstate I-10 the Highway 51 and interstate I-17 with Great frontage on Virginia Ave.

Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 118-45-080
  • 118-45-079
  • 118-45-081
Land Assessment
$37,900
Improvements Assessment
$0
Total Assessment
$259,478
Annual Taxes
$30,047,345 ($2,460.88/SF)
Tax Year
2025
  • Listing ID: 41131986

  • Date on Market: 7/1/2026

  • Last Updated:

  • Address: 370 E Virginia Ave, Phoenix, AZ 85004

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