REIT Sale | $1 Reserve - Acuity Specialty Hospital

Highlights:

• Significant Value-Add Opportunity: A 48,459 SF, 100-bed former specialty hospital poised for a complete transformation, allowing an investor to customize and modernize the facility to current healthcare standards.
• Unbeatable Location in a High-Demand Market: Situated in Sun City, a community with one of the nation's strongest senior demographics (74.4% of the population is aged 65+) and proven demand for medical services.
• Strategic Proximity to Major Medical Center: Located just a two-minute drive from the Banner Boswell Medical Center, providing a built-in referral pipeline and access to a major healthcare hub.
• Blank Slate for Redevelopment: The existing layout—with 66 patient units, multiple pods, and central nurse stations—provides a functional canvas for redevelopment into a modern acute care hospital, skilled nursing facility (SNF), or assisted living community.
• Proven Healthcare Spending: The immediate 5-mile radius boasts over $171.9 million in annual healthcare expenditures, confirming a robust and supportive local economy for a revitalized medical facility.
• Large Campus with Excellent Access: The substantial structure is situated on a large 4.64-acre campus with four points of entry/exit, high visibility on Thunderbird Blvd, and an 8-minute drive to the Loop 101 freeway.

Description:

Kidder Mathews, in partnership with Apex Commercial Exchange, presents a significant value-add opportunity to acquire and reposition a large-scale medical facility at 13818 N Thunderbird Blvd in the heart of Sun City, Arizona. This 48,459-square-foot former hospital is situated on a spacious 4.64-acre campus and represents a blank slate for an investor ready to capitalize on a prime location.

The property offers the perfect opportunity to re-imagine and develop a state-of-the-art healthcare center. Its existing infrastructure—featuring a 100-bed capacity across 66 patient units, organized into six distinct pods and supported by two central nurse stations—provides a solid foundation for a complete modernization project.

While the building needs renovations, its intrinsic value is undeniable. Strategically positioned just minutes from the Banner Boswell Medical Center and the Loop 101 freeway, the property’s strength lies in its unbeatable location within a market of dense senior demographics and high medical spending. This is an unparalleled opportunity for an investor to transform this asset into a premier acute care hospital, skilled nursing, or assisted living facility, capitalizing on the A+ location and immense market demand.