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Investment Highlights

  • Professional & Medical Office Community to attract a wide array of uses
  • Prominent building signage on McDowell Road with ±50,000 VPD
  • Incredible Access to Phoenix’s Freeway System and the Phoenix Sky Harbor Airport via SR-143
  • Inviting courtyard which adds a community aspect to the complex
  • Flexible unit options to accommodate users from ±1,182 - 8,166 SF

Executive Summary

Forty-Eight Zero One is a ±21,884 SF, two-story, multi-tenant medical and professional office building that recently completed an extensive $1.5 million renovation in 2023. Upgrades include new HVAC systems, a new roof, and full building modernization. The property was also re-platted into 10 individual condominium units, offering businesses the flexibility to lease or purchase their own suite. Strategically positioned with immediate access to Phoenix Sky Harbor International Airport and the regional freeway network via SR-143, the building provides exceptional convenience and connectivity.

Data Room Click Here to Access

7 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 200
  • 1,515 SF
  • Office/Medical
  • $410,721 CAD ($271.10 CAD/SF)
  • -
Sale Type Owner User
APN/Parcel ID 125-13-110
Description
Professional & Medical Office Community to attract a wide
array of uses
Sale Notes
Professional & Medical Office Community to attract a wide
array of uses
  • Unit 250
  • 1,482 SF
  • Office/Medical
  • $401,774 CAD ($271.10 CAD/SF)
  • -
Sale Type Owner User
APN/Parcel ID 125-13-112
Description
Forty-Eight Zero One is a ±21,884 SF, two-story, multi-tenant
medical and professional office building that recently completed
an extensive $1.5 million renovation in 2023.
Sale Notes
Forty-Eight Zero One is a ±21,884 SF, two-story, multi-tenant
medical and professional office building that recently completed
an extensive $1.5 million renovation in 2023.
  • Unit 250-260
  • 5,018 SF
  • Office/Medical
  • $1,360,393 CAD ($271.10 CAD/SF)
  • -
Sale Type Owner User
APN/Parcel ID 125-13-110, 125-13-112, 125-13-113, 125-13-114
Description
Forty-Eight Zero One is a ±21,884 SF, two-story, multi-tenant
medical and professional office building that recently completed
an extensive $1.5 million renovation in 2023.
Sale Notes
Forty-Eight Zero One is a ±21,884 SF, two-story, multi-tenant
medical and professional office building that recently completed
an extensive $1.5 million renovation in 2023.
  • Unit 250-275
  • 8,166 SF
  • Office/Medical
  • $2,213,824 CAD ($271.10 CAD/SF)
  • -
Sale Type Owner User
Description
Forty-Eight Zero One is a ±21,884 SF, two-story, multi-tenant
medical and professional office building that recently completed
an extensive $1.5 million renovation in 2023.
Sale Notes
Forty-Eight Zero One is a ±21,884 SF, two-story, multi-tenant
medical and professional office building that recently completed
an extensive $1.5 million renovation in 2023.
  • Unit 255
  • 2,354 SF
  • Office/Medical
  • $638,176 CAD ($271.10 CAD/SF)
  • -
Sale Type Owner User
Description
Forty-Eight Zero One is a ±21,884 SF, two-story, multi-tenant
medical and professional office building that recently completed
an extensive $1.5 million renovation in 2023.
Sale Notes
Forty-Eight Zero One is a ±21,884 SF, two-story, multi-tenant
medical and professional office building that recently completed
an extensive $1.5 million renovation in 2023.
  • Unit 260
  • 1,182 SF
  • Office/Medical
  • $320,443 CAD ($271.10 CAD/SF)
  • -
Sale Type Owner User
Description
Forty-Eight Zero One is a ±21,884 SF, two-story, multi-tenant
medical and professional office building that recently completed
an extensive $1.5 million renovation in 2023.
Sale Notes
Forty-Eight Zero One is a ±21,884 SF, two-story, multi-tenant
medical and professional office building that recently completed
an extensive $1.5 million renovation in 2023.
  • Unit 275
  • 3,148 SF
  • Office/Medical
  • $853,431 CAD ($271.10 CAD/SF)
  • -
Sale Type Owner User
Description
Forty-Eight Zero One is a ±21,884 SF, two-story, multi-tenant
medical and professional office building that recently completed
an extensive $1.5 million renovation in 2023.
Sale Notes
Forty-Eight Zero One is a ±21,884 SF, two-story, multi-tenant
medical and professional office building that recently completed
an extensive $1.5 million renovation in 2023.
Unit Unit Size Condo Use Price NOI
Unit 200 1,515 SF Office/Medical $410,721 CAD ($271.10 CAD/SF) -
Unit 250 1,482 SF Office/Medical $401,774 CAD ($271.10 CAD/SF) -
Unit 250-260 5,018 SF Office/Medical $1,360,393 CAD ($271.10 CAD/SF) -
Unit 250-275 8,166 SF Office/Medical $2,213,824 CAD ($271.10 CAD/SF) -
Unit 255 2,354 SF Office/Medical $638,176 CAD ($271.10 CAD/SF) -
Unit 260 1,182 SF Office/Medical $320,443 CAD ($271.10 CAD/SF) -
Unit 275 3,148 SF Office/Medical $853,431 CAD ($271.10 CAD/SF) -

Unit 200

Unit Size
1,515 SF
Condo Use
Office/Medical
Price
$410,721 CAD ($271.10 CAD/SF)
NOI
-

Unit 250

Unit Size
1,482 SF
Condo Use
Office/Medical
Price
$401,774 CAD ($271.10 CAD/SF)
NOI
-

Unit 250-260

Unit Size
5,018 SF
Condo Use
Office/Medical
Price
$1,360,393 CAD ($271.10 CAD/SF)
NOI
-

Unit 250-275

Unit Size
8,166 SF
Condo Use
Office/Medical
Price
$2,213,824 CAD ($271.10 CAD/SF)
NOI
-

Unit 255

Unit Size
2,354 SF
Condo Use
Office/Medical
Price
$638,176 CAD ($271.10 CAD/SF)
NOI
-

Unit 260

Unit Size
1,182 SF
Condo Use
Office/Medical
Price
$320,443 CAD ($271.10 CAD/SF)
NOI
-

Unit 275

Unit Size
3,148 SF
Condo Use
Office/Medical
Price
$853,431 CAD ($271.10 CAD/SF)
NOI
-

Unit 200

Unit Size 1,515 SF
Condo Use Office/Medical
Price $410,721 CAD ($271.10 CAD/SF)
NOI -
Sale Type Owner User
APN/Parcel ID 125-13-110
Description
Professional &amp; Medical Office Community to attract a wide<br> array of uses</li></ul>
Sale Notes
Professional &amp; Medical Office Community to attract a wide<br> array of uses</li></ul>

Unit 250

Unit Size 1,482 SF
Condo Use Office/Medical
Price $401,774 CAD ($271.10 CAD/SF)
NOI -
Sale Type Owner User
APN/Parcel ID 125-13-112
Description
Forty-Eight Zero One is a &#177;21,884 SF, two-story, multi-tenant<br> medical and professional office building that recently completed<br> an extensive $1.5 million renovation in 2023.</li></ul>
Sale Notes
Forty-Eight Zero One is a &#177;21,884 SF, two-story, multi-tenant<br> medical and professional office building that recently completed<br> an extensive $1.5 million renovation in 2023.</li></ul>

Unit 250-260

Unit Size 5,018 SF
Condo Use Office/Medical
Price $1,360,393 CAD ($271.10 CAD/SF)
NOI -
Sale Type Owner User
APN/Parcel ID 125-13-110, 125-13-112, 125-13-113, 125-13-114
Description
Forty-Eight Zero One is a &#177;21,884 SF, two-story, multi-tenant<br> medical and professional office building that recently completed<br> an extensive $1.5 million renovation in 2023.</li></ul>
Sale Notes
Forty-Eight Zero One is a &#177;21,884 SF, two-story, multi-tenant<br> medical and professional office building that recently completed<br> an extensive $1.5 million renovation in 2023.</li></ul>

Unit 250-275

Unit Size 8,166 SF
Condo Use Office/Medical
Price $2,213,824 CAD ($271.10 CAD/SF)
NOI -
Sale Type Owner User
Description
Forty-Eight Zero One is a &#177;21,884 SF, two-story, multi-tenant<br> medical and professional office building that recently completed<br> an extensive $1.5 million renovation in 2023.</li></ul>
Sale Notes
Forty-Eight Zero One is a &#177;21,884 SF, two-story, multi-tenant<br> medical and professional office building that recently completed<br> an extensive $1.5 million renovation in 2023.</li></ul>

Unit 255

Unit Size 2,354 SF
Condo Use Office/Medical
Price $638,176 CAD ($271.10 CAD/SF)
NOI -
Sale Type Owner User
Description
Forty-Eight Zero One is a &#177;21,884 SF, two-story, multi-tenant<br> medical and professional office building that recently completed<br> an extensive $1.5 million renovation in 2023.</li></ul>
Sale Notes
Forty-Eight Zero One is a &#177;21,884 SF, two-story, multi-tenant<br> medical and professional office building that recently completed<br> an extensive $1.5 million renovation in 2023.</li></ul>

Unit 260

Unit Size 1,182 SF
Condo Use Office/Medical
Price $320,443 CAD ($271.10 CAD/SF)
NOI -
Sale Type Owner User
Description
Forty-Eight Zero One is a &#177;21,884 SF, two-story, multi-tenant<br> medical and professional office building that recently completed<br> an extensive $1.5 million renovation in 2023.</li></ul>
Sale Notes
Forty-Eight Zero One is a &#177;21,884 SF, two-story, multi-tenant<br> medical and professional office building that recently completed<br> an extensive $1.5 million renovation in 2023.</li></ul>

Unit 275

Unit Size 3,148 SF
Condo Use Office/Medical
Price $853,431 CAD ($271.10 CAD/SF)
NOI -
Sale Type Owner User
Description
Forty-Eight Zero One is a &#177;21,884 SF, two-story, multi-tenant<br> medical and professional office building that recently completed<br> an extensive $1.5 million renovation in 2023.</li></ul>
Sale Notes
Forty-Eight Zero One is a &#177;21,884 SF, two-story, multi-tenant<br> medical and professional office building that recently completed<br> an extensive $1.5 million renovation in 2023.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 21,884 SF
Property Type Office
Property Subtype Medical
Building Class B
Floors 2
Typical Floor Size 10,942 SF
Year Built 1982
Lot Size 1.03 AC
Parking Ratio 4.75/1,000 SF
Zoning C-2 - Commercial

Amenities

  • Courtyard
  • Signage
  • Monument Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100

Major Tenant Information Click Here to Access

TENANT SF Occupied LEASE END DATE
Phoenix Autism Center - Jan 0000
Omni Dermatology - Jan 0000
STI Physical Therapy - Jan 0000
  • Listing ID: 38488494

  • Date on Market: 2025-11-18

  • Last Updated:

  • Address: 4801 E McDowell Rd, Phoenix, AZ 85008

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