Palm Place (Investment)
14423 West McDowell Road, Goodyear, AZ
$5,200,000
Price
5.33%
Cap Rate
8,405 sqft
Building Size
Overview
Description
Building G, 1 of 7 buildings in Palm Place Plaza. The National credit medical tenant,
Active Behavioral Center, LLC, a Texas limited liability company has a 10 year term
with one 5 year option to renew. The term begins at close of Escrow of purchase.
This building is in an office condo park, so the Association takes care of the exterior,
while the tenant maintains the interior and the HVAC.
Guarantor is corporate guaranty
Medical Tenant
10 year NNN lease with nationally credited tenant
5.33% cap rate