Palm Place (Investment)

14423 West McDowell Road, Goodyear, AZ

$5,200,000

Price

5.33%

Cap Rate

8,405 sqft

Building Size

Overview
Cap Rate
5.33%
Building Size
8,405 sqft
Occupancy
100%
Year Built
2007
Zoning
C2, City of Goodyear
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


Location