Single-Tenant NNN Medical Condo Investment Sale
2181 East Pecos Road., Ste 1
Chandler, AZ 85225
Highlights
- Purchase Price: $1,535,834.00 (7.25% Cap)
- NOI: $111,348.00 ($27.00 PSF NNN)
- National Private Medical Provider Tenant
- Single Tenant Medical Condo
- True NNN Lease with Minimal Landlord Responsibility
- Lease Commences October 31, 2023 and expires October 30, 2028
- Three Percent (3%) Annual Increases
- PAD Zoning
- Built in 2008
Description
This offering is for a fully occupied medical office condominium located on the SEC of Pecos Rd & Cooper Rd in Chandler, Arizona. The tenant is a well established medical tenant who is part of Steward Health Care, a national private medical provider, and have just executed a brand new five (5) year NNN Lease Agreement. This property is in the fast growing southeast valley which boasts high demographics and rising populations. The site is part of SanTan Crossing Professional Plaza, a professionally managed association with building signage, plentiful parking, and well-kept landscaping. With easy access to Loop 202 and business, retail, and medical amenities, this property is ideally located for any buyer.
This offering is located on the SEC of Pecos Rd & Cooper Rd in Chandler, Arizona. This property is in the fast growing southeast valley which boasts high demographics and rising populations. The site is part of SanTan Crossing Professional Plaza, a professionally managed association with building signage, plentiful parking, and well-kept landscaping. With easy access to Loop 202 and business, retail, and medical amenities, this property is ideally located for any buyer.
