Palm Place (Investment)
$5,200,000
14423 West McDowell Road, Goodyear, AZ 85395
For Sale
Office
Active
Last Updated: 09/07/2022
5.33
Cap Rate
8,405 sqft
Building Size
Details:
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
