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Fully Renovated Office/Medical 334 E Hatcher Rd 3,306 SF Office Building Phoenix, AZ 85020 $1,184,525 CAD ($358.30 CAD/SF) 7.66% Cap Rate

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EXECUTIVE SUMMARY

Seller may carry. This building was originally constructed for constructed for radiology/oncology use. The rear vault room was used for high-energy therapeutic x-ray treatment and has cement walls, floor, ceiling and a neutron-shielded door. Fully remodeled in 2024, this space includes a new 600 amp 3 phase electric panel, exterior paint, signage, vinyl flooring, interior/exterior lighting, interior paint, Euro style frameless cabinetry, and quartz counters. New plumbing and electrical were installed throughout as well. New plumbing and electrical were installed throughout as well. The floor plan includes 7 private offices, a kitchen, large conference room is lined with metal shielding for CT scanner use.

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $100,454 $30.39
Other Income - -
Vacancy Loss - -
Effective Gross Income $100,454 $30.39
Net Operating Income - -

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income (CAD)
Annual $100,454
Annual Per SF $30.39
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $100,454
Annual Per SF $30.39
Net Operating Income (CAD)
Annual -
Annual Per SF -

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
3,306 SF
Building Class
B
Year Built
1994
Price
$1,184,525 CAD
Price Per SF
$358.30 CAD
Cap Rate
7.66%
NOI
$90,688 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,306 SF
Building FAR
0.08
Lot Size
1.00 AC
Zoning
R-5 - R-5, Mixed Use
Parking
15 Spaces (4.54 Spaces per 1,000 SF Leased)

AMENITIES

  • Fenced Lot
  • Security System
  • Signage
  • Storage Space
  • Air Conditioning
  • Smoke Detector

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 3,306 SF
  • Office
  • Full Build-Out
  • Now

Fully remodeled in 2024, this commercial space sits in the Hatcher Overlay District, which allows for office, retail, restaurant, and multifamily to be developed within the corridor. Currently, this building is owner occupied as office space for admin, but previous occupants have been medical due to the proximity to John Lincoln Hospital. The renovations included a new 600 amp 3 phase electric panel, exterior paint, signage, vinyl flooring, interior/exterior lighting, interior paint, Euro style frameless cabinetry, and quartz counters. New plumbing and electrical were installed throughout as well. The floor plan includes 7 private offices, a kitchen, large conference room, and a bank vault in the back.

Space Size Space Use Condition Available
1st Floor 3,306 SF Office Full Build-Out Now

1st Floor

Size
3,306 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 3,306 SF
Space Use Office
Condition Full Build-Out
Available Now

Fully remodeled in 2024, this commercial space sits in the Hatcher Overlay District, which allows for office, retail, restaurant, and multifamily to be developed within the corridor. Currently, this building is owner occupied as office space for admin, but previous occupants have been medical due to the proximity to John Lincoln Hospital. The renovations included a new 600 amp 3 phase electric panel, exterior paint, signage, vinyl flooring, interior/exterior lighting, interior paint, Euro style frameless cabinetry, and quartz counters. New plumbing and electrical were installed throughout as well. The floor plan includes 7 private offices, a kitchen, large conference room, and a bank vault in the back.

Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 159-45-094
  • 159-45-095
Land Assessment
$2,986 CAD
Improvements Assessment
$0 CAD
Total Assessment
$95,219 CAD
  • Listing ID: 36401107

  • Date on Market: 2025-06-25

  • Last Updated:

  • Address: 334 E Hatcher Rd, Phoenix, AZ 85020

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