3901 W McDowell Road, Phoenix, AZ
Health Care for Sale - $506,000 - 2,000 Sq. Ft. on 0.56 acres
Property Info
| CIMLS# | 840743 |
| Location 3901 W McDowell Road Phoenix AZ 85009 | |
| Updated | September 25th, 2016 |
| Type | Health Care |
| Price | $506,000 |
| Building | 2,000 Sq. Ft. |
| Land | 0.56 acres |
Property Description
For sale is a new 10 year lease on a dental office with 2% annual increases. Drawings shown are architectural renderings depicting what the exterior can look like following planned improvements.
Location Description:
Property is located on the SWC of McDowell Rd and 39th Ave. Less than 1/2 mile from the I-10 freeway, and under 2 miles from the I-17 freeway.
Highlights:
>> Built Out Dental Office
>> 100% Occupied
>> New 10 year lease with 2% annual increases
>> 2,000 SF
>> Great Phoenix location
>> Absolute Triple Net (NNN) lease with 10 years remaining
>> Located on the Southwest corner of 39th Avenue and McDowell Road
>> Convenient access to I-10 freeway, Downtown Phoenix, and Phoenix Sky Harbor International Airport
>> Building Size: 2,000 SF
>> Zoning: R-5
>> APN: 106-30-120C
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Financials
Sales Info:
>> Cap rate: 7.51%
>> NOI: $38000