Denver-based National Healthcare Realty and Development announced plans to build McDowell Medical Commons, a medical office building to be located at 10650 W. McDowell Rd. in Avondale.
“This building will be strategically located in the health-tech corridor of Avondale,” says Rachael Thompson, senior associate of Colliers International in Greater Phoenix.
The project will be located near Banner Estrella Medical Center, Abrazo West Campus, Dignity Health St. Josephs Westgate, Phoenix Children’s Hospital and Cancer Centers of America, Thompson says.
Thompson and Michael Dupuy with Colliers International will serve as exclusive leasing agents for the project, which is slated for construction in 2017.
McDowell Medical Commons will contain 25,000 square feet of medical office space situated at the northeast corner of 107th Avenue and McDowell Road.
The two-story, Class A medical building offers convenient access to Interstate 10 and the Loop 101, as well as impressive monument sign visibility. McDowell Medical Commons will benefit from a wide array of surrounding retail amenities ranging from theaters and restaurants to big box retailers and boutique shops.
Plans for McDowell Medical Commons include ample parking and tenant improvements. Tenants can either lease within the upcoming project or utilize equity opportunities.
Newer medical offices in the Phoenix area market have been doing well, as old facilities drag the market.