202 E EARLL DR UNIT 360 PHOENIX, AZ 85012
Phoenix, AZ
Office for Sale - $5,050,000 - 11,782 Sq. Ft.
Agent Info
| Sarah Fortin |
Property Info
| CIMLS# | 1171841 |
| Location 202 E EARLL DR UNIT 360 PHOENIX, AZ 85012 Phoenix AZ 85012 | |
| Updated | July 14th, 2026 |
| Type | Office |
| Price | $5,050,000 |
| Building | 11,782 Sq. Ft. |
Property Description
Premier Medical Office Investment – Suite 360 - 6% CAP Investment
📞 Call us today at 602-427-5653 for more details or to schedule a free, no-obligation tour. This exceptional investment opportunity is ready for your vision!
Looking for a high-return investment? Look no further. This NNN-leased medical office property in Midtown Phoenix presents a fantastic opportunity to secure a steady income stream with a 7% Cap Rate. The 5-year NNN lease begins upon closing, ensuring a stable and reliable income from a long-standing vascular practice with a proven track record.
Why This Property Stands Out:
Prime Location in Midtown Phoenix: Excellent visibility and prime positioning along major transportation routes, including the Light Rail, SR-51, Loop 101, and Loop 202, providing convenient access for patients and staff alike.
Proximity to Renowned Hospitals: Just minutes from leading medical facilities, driving additional foot traffic and enhancing the reputation of your practice.
Modern Medical Space: The property features 32 wet exam rooms, designed to meet the specific needs of specialized medical practices.
Multiple Parking Options: Includes both a parking garage and surface parking, ensuring easy access for both staff and patients.
Attractive Amenities: Outdoor balconies for tenants to relax and unwind, providing a tranquil space for staff and visitors alike.
Outstanding Visibility & Signage: Building and monument signage available, offering prime exposure and helping to draw in more clients.
Investment Highlights:
NNN Lease: 5-year lease with stable, long-term tenants
7% Cap Rate: Secure a high return on investment
High Traffic Location: Surrounded by major roads, retail amenities, and hospitals
Versatile Medical Space: Ideal for a variety of medical uses with 32 specialized exam rooms
This property offers a profitable, low-maintenance investment in a high-demand, high-traffic location with long-term stability. Invest in a thriving medical office with a trusted tenant and enjoy reliable income.
Contact us today to learn more and schedule your tour of this high-demand investment property in Midtown Phoenix. Don’t miss out on this unique opportunity to secure your future!
Financials
10-YEAR CORPORATE-GUARANTEED CASH FLOW AT A 7% CAP RATE
Property Type: Medical Office
Sale Price: $5,050,000
Suite Size: ±11,782 SF
Zoning: R-5
Parcel: 118-34-643
Call now: 480-323-6072 to schedule your FREE, no-obligation tour and see it in person!
This is a rare opportunity to acquire a high-quality medical office suite located in a highly accessible and amenity-rich area. Suite 360 offers ±11,782 SF of fully built-out medical space, currently occupied by a stable, well-established local multispecialty practice with 12 locations across Arizona. This 10-year NNN lease provides long-term, passive income with minimal landlord responsibilities.
Investment Highlights:
7% CAP Rate | 10-Year NNN Lease
Experienced Tenant: Large, multispecialty practice with strong local presence
Licensed Outpatient Cath Labs with Recovery Areas
No Comparable Medical Condo Inventory in the Downtown Core
Zoned R-5 – Ideal for Medical Use
Property Features:
32 Wet Exam Rooms
Outdoor Balconies for staff and patient comfort
Parking Garage + Surface Parking available
Building & Monument Signage opportunities
Easy Access to Light Rail, SR-51, Loop 101, and Loop 202
Surrounded by Desirable Retail Amenities
Close Proximity to Multiple Major Hospitals
This offering represents a turn-key, income-producing asset in a high-demand medical corridor, ideal for investors seeking long-term stability and solid market fundamentals.
📞 Call 480-323-6072 today to learn more!

