202 E EARLL DR UNIT 360 PHOENIX, AZ 85012

Phoenix, AZ

Office for Sale - $7,574,142 - 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
UpdatedApril 28th, 2025
TypeOffice
Price$7,574,142
Building11,782 Sq. Ft.

Property Description

Prime Medical Office Investment Opportunity in Midtown Phoenix

📞 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



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