604 W Warner Rd. Bldg E, Chandler, AZ
Health Care for Sale - $1,883,883 - 14,500 Sq. Ft. on 4.82 acres
Property Info
CIMLS# | 971508 |
Location 604 W Warner Rd. Bldg E Chandler AZ 85225 | |
Updated | December 29th, 2017 |
Type | Health Care |
Price | $1,883,883 |
Building | 14,500 Sq. Ft. |
Land | 4.82 acres |
Property Description
Fully-leased, multi-tenant, medical investment offering located in Warner Medical Park, a high-quality, in-fill office condominium project located in Chandler, Arizona. Warner Medical Park consists of five (5) buildings that is home to a diverse medical tenant roster that benefits from the attractive neighboring demographics, with well-kept common areas and ample parking.
Location Description:
604 W Warner Rd. Bldg E
Highlights:
>> Building Size: +/- 14,500 SF
>> Sales Price: $1,883,883
>> CAP Rate: 7.63%
>> NOI: $143,623
>> Block construction. Well-maintained
>> Two-Story Building (elevator served)
>> Strategically located in between Banner Desert Medical Center, Cardon Children's Medical Center, Dignity Health Chandler & Gilbert Regional Medical Centers
>> HOA professionally managed by Victoria Property Management. Balance in Owners' Reserve Account is $127,243.00 as of December 2017 (Warner Medical Park Unit Owners' Association)
>> 2nd floor medical office recently renovated
>> Ample parking: 55 parking spaces (15 covered)
>> Multi-tenant medical office building with successful practices and established patient base