Fully Occupied Medical Office Condo | Chandler, AZ
$1,100,000
575 W Chandler Blvd. Ste 120 & 122, Chandler, AZ 85225
2,456 sqft
Building Size
100
Occupancy
Details:
Highlights:
- Fully Occupied Medical Office Condominium
- NOI: $68,339.60
- Purchase Price: $1,100,000.00 (6.22% Cap Rate)
- Approximately 2,456 SF
- Built-out Medical Office
- Leased to HonorHealth with Lease Term through December 31, 2028
- NNN Lease with 3% annual escalations
- Tenant has 2-5 Year Renewal Options
- Minimal Landlord maintenance responsibilities
- Located within Focus Corporate Plaza
- Easy Access to Loop 202 and Loop 101
- Close Proximity to Major Medical & Business Amenities
Description:
This 2,456 SF office condominium is built-out medical with plumbed exam rooms, nurses' station, offices, private restrooms, conference room, and reception area/waiting room. The property is located within the Focus Corporate Plaza and is currently leased to HonorHealth with lease term through December 31, 2028 and two (2) options to renew their lease for an additional five (5) years.
Medical office condominium located within Focus Corporate Plaza on the south side of Chandler Blvd between Alma School Rd and Arizona Ave in Chandler, Arizona. Located in a professional office center with synergistic tenants and close proximity to other business and retail amenities. The site has easy access to the South Loop 202 and Loop 101 and is within a 5 mile radius of major medical including Chandler Regional Medical Center, Dignity Health ER, and Banner Ocotillo Medical Center.
Documents:
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| Marketing_Brochure_575_W_Chandler_Blvd_Ste_120___122.pdf |
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