Highlights
• Flexible Office Space: 83% of the campus square footage is available for clinical or general office use. • Prime Accessibility: Conveniently located near SR 51 and Interstate 10, providing easy access for employees and clients across the Valley. • High Visibility: Positioned on a hard corner at 16th Street and Yale, with building and monument signage exposure to 25,000+ vehicles per day. • Central Location: Located in the heart of Phoenix with immediate proximity to six major hospitals and key medical, office, and educational hubs. • Tenant Opportunity: Currently vacant, offering an ideal setting for an owner/user to establish a flagship presence or for an investor to create a tailored tenant mix. • Professional Management: Governed by an association with CC&Rs in place, ensuring a well-maintained and business-friendly environment.
Description
Kidder Mathews, as the exclusive advisor, is proud to offer the rare opportunity to acquire a significant interest in Cambridge Court, a centrally located medical and professional office condo portfolio in Phoenix, Arizona. Encompassing 42,142 square feet within a 50,693-square-foot campus-style complex, Cambridge Court provides a versatile setting for medical and professional offices or educational institutions. The property operates under a professional association with CC&Rs, ensuring a well-maintained environment. With no existing tenants, it offers maximum flexibility for an owner/user or investor to curate an ideal tenant mix or establish a flagship presence. Strategically positioned in central Phoenix, the property benefits from close proximity to six major hospitals and medical facilities, including Phoenix Children’s Hospital, Abrazo Heart Health Hospital, Banner University Medical Center, and Dignity St. Joseph’s Medical Center. Its prominent location at the hard corner of 16th Street and Yale Street offers excellent visibility, with building and monument signage exposure to more than 25,130 vehicles per day. The site also provides seamless connectivity, with State Route 51 accessible within three minutes via the Thomas Road interchange and Interstate 10 just four minutes south, ensuring convenient access across the Valley. Phoenix itself represents one of the strongest investment markets in the nation, having experienced rapid growth to become the fifth-largest city in the U.S. Known for its high quality of life, robust business ecosystem, and educated workforce, the city attracts a wide range of professionals. Its extensive freeway system delivers some of the shortest commute times among major metros, while Phoenix Sky Harbor International Airport—just four miles away—provides direct connections to domestic and international destinations. This combination of strategic location, growth, and accessibility makes Cambridge Court a compelling opportunity for investors and owner/users alike.
Property Documents
2701 N 16th St Flyer.pdf
9.33 MB
Listing Details
- Space Type
Office
- Sub Category
Medical
- Date Listed
8/18/2025
- Broker/Agent Co-op
Yes
- Investment Type
Owner User
- Parking Info
4 Spaces
Property Specifics
- Property Name
Cambridge Court
- Property Class
B
- No of Buildings
4
- No of Stories
3
- No of Units
12
- Year Built
1981
- Building Size
42,120 SF
- APN
117-04-105, 117-04-106, 117-04-107, 117-04-108
- Zoning
C-2