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Grunow Memorial Medical Center

926 East Mcdowell Road, Phoenix, AZ 85006

Last Updated: 11/14/2018
Property Type:Office
Year Built:1931
Class:B
Size:51,465 SF
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926 East Mcdowell Road, Phoenix, AZ 85006

Building Overview

Building Description

MEDICAL OFFICE INVESTMENT OPPORTUNITY ANCHORED BY DaVITA, (NYSE: DVA) AND LOCATED IN AN OPPORTUNITY ZONE, ACROSS THE STREET FROM THE LARGEST HOSPITAL IN ARIZONA. Grunow Memorial Medical Center is a 76% occupied, 51,465 SF, two-story multi-tenant medical office building, located at the northwest corner of East McDowell Road and North 10th Street in Central Phoenix. Grunow Memorial Medical Center is recognized and admired by the Valley’s medical community as being one of the most beautiful and unique medical office properties in Arizona. The building’s Spanish Colonial Revival style architecture combined with a Churrigueresque stone exterior entry makes it one of the most noteworthy properties in Phoenix. The building’s tenancy is comprised of 100% healthcare tenants with a diverse and complimentary mix of medical specialties. Tenants are a combination of national credit, and local multi-location practices with strong financial strength. DaVita, (NYSE: DVA) occupies 25% of the building. Grunow was built in 1931, and in 2014 and 2018 underwent extensive multi-million dollar exterior and interior renovation. The project offers Tenants and patients abundant parking options on all four sides of the building for ease of access. The building could not be better located for medical office, as it is in the middle of the Central Phoenix medical services hub. Grunow is within a 10-mile radius of 26 hospitals and medical centers. The building is located directly across the street from Banner-University Medical Center Phoenix, the largest hospital in Arizona For more information and to execute the Confidentiality Agreement please visit GrunowMemorialMedical.com

Building Details

Property Type:Office
Year Built:1931
Class:B
Size:51,465 SF
Subtype:Medical
Build Status:Existing
Year Renovated:2014
Signage:Monument
Tenancy:Multi Tenant

All Listings in this Building

926 East Mcdowell Road, Phoenix, AZ 85006
Grunow Memorial Medical Center
Listing Type:Building for Sale
Size:51,465 SF
Price:$10,250,000.00

Location

926 East Mcdowell Road, Phoenix, AZ 85006

Contact

A

Alexandra Loye

Principal

alexandra.loye@avisonyoung.com

Direct: 480-423-7922

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