Absolute NNN Sale Leaseback Opportunity

Highlights:

• Absolute NNN investment opportunity ideal for an investor wanting minimal management.
• Sale leaseback opportunity at terms to be negotiated prior to opening escrow.
• Highly experienced operator of both a medical practice and a personal injury law firm offering a stabilized multi-tenant investment with one single point of contact.
• The property is well located in Tempe immediately off of the 101 Freeway perfect for a long term investment in a highly established area.

Description:

SVN is pleased to present to the market this absolute NNN sale leaseback opportunity. The building consists of two businesses, both operated by the same owner. Suite 101 is occupied by PrimaCare Internal Medicine, a well established medical practice that has been in operation since 2016. In the adjacent suite 105 is The Dr. Lawyer Law Group, a personal injury firm in operation since 2020. Dr. Zaheer Shah is the owner of both entities which are the result of his combined 35-year experience as both a medical doctor and lawyer. This sale is subject to the terms of a long term sale leaseback to be negotiated prior to opening escrow.

The subject property is well located in Tempe, AZ with immediate access to the 101 Freeway including access via the frontage road and Baseline Rd. This convenient location provides short drive times to Downtown Phoenix, Sky Harbor International Airport, Scottsdale, and the southeast valley markets including Mesa, Gilbert, and Chandler. The property is also situated near Arizona State University and is surrounded by countless retail amenities making this a prime location that will be relevant for the long term.

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