Medical Office Sale Leaseback

Highlights:

• • Secure Long-Term Lease – Six-year sale leaseback with Phoenix Retina Associates ensures immediate, stable cash flow.
• • Established Medical Practice – Reputable ophthalmology and retinal care group with multiple locations across the Phoenix metro.
• • Essential Healthcare Services – Provides specialized care in macular degeneration, diabetic retinopathy, and retinal surgery, creating recession-resistant demand.
• • Attractive Cap Rate – Delivers strong current cash flow with predictable annual returns.
• • Low Relocation Risk – Significant investment in medical build-out and specialized equipment supports tenant retention.
• • Condo Ownership Advantage – Smaller asset size provides accessible price point while maintaining strong medical credit tenancy.
• • Strong Exit Strategy – Healthcare assets with established specialty tenants are highly liquid and in demand by private investors and 1031 exchange buyers.

Description:

The opportunity at 4045 E Union Hills Dr offers investors a 5,552 SF medical office condominium secured by a six-year sale leaseback with Phoenix Retina Associates, a premier ophthalmology and retinal care provider in the Phoenix metro. With multiple offices across the Valley and a team of board-certified specialists, Phoenix Retina Associates is a trusted medical group delivering highly specialized care in areas such as macular degeneration, diabetic retinopathy, and retinal surgery. Their long-standing reputation, established referral network, and commitment to advanced technologies provide a stable operating foundation. Healthcare tenancies, particularly in specialty practices like ophthalmology, demonstrate strong resilience through economic cycles, as demand for vision care is both essential and growing with demographic trends. This lease structure provides investors with durable, predictable income supported by a financially sound and established medical tenant, making it a compelling, secure long-term investment.

Introducing a prime investment opportunity in the vibrant Phoenix, AZ market. The surrounding area of the property boasts a thriving business district with easy access to major highways, making it an ideal location for an office or office building investment. Nearby, the Desert Ridge Marketplace offers a dynamic mix of retail, dining, and entertainment options, perfect for attracting and retaining tenants. The prestigious JW Marriott Phoenix Desert Ridge Resort & Spa provides a luxurious setting for business meetings and corporate events. With a strong demand for office space in this bustling locale, the property presents an exciting prospect for savvy commercial real estate investors.