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9515 W Camelback Rd
Phoenix, AZ 85037
Bldg 1 · Office Property For Sale
·
9,905 SF


Investment Highlights
- 100% leased investment sporting a 7.3% cap rate
- Camelback Road frontage with excellent visibility and access to Loop 101
- Strong parking ratio of 9.5 spaces per 1,000 SF
- Buildout includes 10 exam rooms, 2 check-in/check-out areas, 2 waiting rooms, and 3 restrooms
- Fully leased to CenterWell Senior Primary Care, a subsidiary of Humana Inc., under a lease expiring in April 2028
- Proximity to Walmart, In-N-Out Burger, BOK Financial, and regional attractions like the Desert Diamond Arena and State Farm Stadium
Executive Summary
The property at 9515 W Camelback Rd, Suites118 &119, Phoenix, AZ85037 is a premier medical office condominium totaling approximately 3,800 square feet within a well-maintained professional plaza. Built in 2007, the property features a modern medical buildout designed for efficient patient care, including 10 exam rooms,2 check-in/check-out stations,2 waiting areas, and3 restrooms. The space is fully leased to CenterWell Senior Primary Care, a subsidiary of Humana Inc., providing a strong credit tenant with a lease in place through April2028. Positioned along Camelback Road with excellent visibility and immediate access to Loop101, the property offers a high parking ratio of 9.5 spaces per1,000 SF, ideal for medical use. Surrounded by major retailers such as Walmart, In-N-Out Burger, and BOK Financial, as well as regional attractions like the Desert Diamond Arena and State Farm Stadium, this location benefits from strong traffic counts and a growing senior demographic. The offering represents a stable, income-producing investment in a high-demand medical office market.
1 Unit Available
Unit 118-119
| Unit Size | 3,800 SF | Cap Rate | 7.30% |
| Condo Use | Office/Medical | NOI | $140,900.07 CAD |
| Sale Type | Investment |
| Unit Size | 3,800 SF |
| Condo Use | Office/Medical |
| Sale Type | Investment |
| Cap Rate | 7.30% |
| NOI | $140,900.07 CAD |
Sale Notes
The property located at 9515 W Camelback Rd, Suites 118 & 119, Phoenix, AZ 85037 is an office condominium totaling approximately 3,800 square feet. Built in 2007, the asset is zoned C-2 and features Camelback Road frontage with excellent visibility and access to Loop 101. The property is fully leased to CenterWell Senior Primary Care, a subsidiary of Humana Inc., under a lease expiring in April 2028, providing a stable, creditworthy medical tenant. The offering was marketed at a sale price of $1,400,000, reflecting a 7.3% cap rate. The buildout includes 10 exam rooms, 2 check-in/check-out areas, 2 waiting rooms, and 3 restrooms, making it ideal for medical office use. The site offers a strong parking ratio of 9.5 spaces per 1,000 SF and benefits from proximity to major retailers such as Walmart, In-N-Out Burger, and BOK Financial, as well as regional attractions like the Desert Diamond Arena and State Farm Stadium.
Lobby
Interior Photo
Interior Photo
Interior Photo
Property Facts
| Total Building Size | 9,905 SF | Typical Floor Size | 9,905 SF |
| Property Type | Office (Condo) | Year Built | 2008 |
| Property Subtype | Medical | Lot Size | 0.23 AC |
| Building Class | B | Parking Ratio | 6.2/1,000 SF |
| Floors | 1 | ||
| Zoning | C-2, Phoenix - Commercial | ||
| Total Building Size | 9,905 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 9,905 SF |
| Year Built | 2008 |
| Lot Size | 0.23 AC |
| Parking Ratio | 6.2/1,000 SF |
| Zoning | C-2, Phoenix - Commercial |
Amenities
- 24 Hour Access
- Banking
- Bus Line
- Restaurant
- Air Conditioning

