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
UpdatedJuly 14th, 2026
TypeOffice
Price$5,050,000
Building11,782 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!



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