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1st Floor - Unit 111
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Medical Office
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1,420 SF
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$575,000 USD
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Unit Size: 1,420 SF
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Condo Use: Medical Office
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Price: $575,000 USD
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Sale Type: Investment
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Price/SF: $404.93 USD
Description
A medical office condo unit of 1,420 SF located in Cambridge Court. The unit is occupied by Advanced Pain Management under an absolute NNN lease through January 2035 with 3% annual rent increases.
Sale Notes
SVN is pleased to present to the market this absolute NNN single tenant investment opportunity. The property is secured by Advanced Pain Management under a long term, absolute NNN lease through January 2035 with zero Landlord responsibilities and 3% annual rent increases. The offering provides investors the opportunity to acquire four Advanced Pain Management locations, individually or as a portfolio, each subject to the same lease terms.
Advanced Pain Management is an established Arizona healthcare provider with more than 15 years of experience and approximately 8 locations throughout Greater Phoenix and Tucson. The practice provides a broad range of specialized treatments for acute and chronic pain. Its long operating history, multi-location platform, specialized service offering, and strong patient reputation have helped establish Advanced Pain Management as a recognized provider within the Arizona healthcare market.
The combination of an established medical tenant, strategically located facilities, long-term contractual occupancy, and minimal landlord responsibilities creates an attractive investment opportunity for buyers seeking predictable income backed by an experienced Arizona healthcare operator.
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Justin Horwitz
SVN | Desert Commercial Advisors