Overview

Description

SVN Desert Commercial Advisors is pleased to present, on behalf of the Owner this Net leased investment opportunity located at 7430 E Pinnacle Peak Rd. Suites 136/138. Currently leased to Banner Physical Therapy Fitness & Sports Rehab on an initial 5-year, NNN lease this property is a perfect passive investment for any investor wanting a quality tenant, in a highly desirable location with potential long-term capabilities. Banner Physical Therapy is part of the Banner Medical Group which operates through all verticals of the medical industry including hospitals, medical primary care, and other related services in 6 different states.


Located Just north of the Loop-101 off of N. Scottsdale Rd & E. Pinnacle Peak Rd. in the Pinnacle Peak Office Condo Development, this ±3,921 SF condo is easy to get to from anywhere in the valley and is located in the sub-development of Grayhawk, which boasts some of the best demographics in the entire Phoenix MSA. Within the immediate proximity of the property lie three neighborhood retail centers, Silverstone Marketplace, anchored by Sprouts Farmers Market. Pinnacle of Scottsdale is anchored by Safeway and Sunset at Pinnacle Peak, which boasts a multitude of local restaurants and retailers. Additionally, the property's location and cross streets place multiple retail lifestyle centers within a ten-minute drive, including, Desert Ridge Marketplace, High Street, Scottsdale 101, and the multiple retail shops along Frank Lloyd Wright and the Loop-101.

Highlights

• Leased to National Health Care Provider | Banner Health
• NNN Investment | Zero Landlord Responsibilities
• ±3.5 Years remaining on the Initial term
• Tenant has Three (3) Renewal Options, Five (5) Years each @ 3% annual increases
• High-end internal buildout | Medical Office
• Large Treatment area | 7 Treatment Rooms | Private Dr. Office | Trainer Office | Reception Area | 2x Restrooms
• Highly Desirable North Scottsdale Location with Strong Demographics

Documents

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