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4140 N 108th Ave
Phoenix, AZ 85037 Litchfield

$627,000 USD

Medical Condo For Sale  •  1,499 SF

Property Details

  • Property Type Medical
  • Total Building Size 5,419 SF
  • Lot Size 0.15 AC
  • Building Class B
  • Year Built 2004
  • Cap Rate 6.25 %
  • Tenancy Multiple
  • Zoning C-O, Phoenix
30 Transit Score
50 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 134 Medical Office 1,499 SF $627,000 USD
  • Unit Size: 1,499 SF
  • Condo Use: Medical Office
  • Price: $627,000 USD
  • Sale Type: Investment
  • Price/SF: $418.28 USD
Description
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.

Sale Notes
Single medical tenant investment opportunity with an absolute NNN lease in place.
Zero Landlord Responsibilities.
Long term lease through January 2035.
3% annual rent increases.
Well established medical practice with over 15 years in operation and 8 locations throughout Greater Phoenix and Tucson.
Desirable locations throughout the valley. 
4 locations being offered individually or as a portfolio.

Property Flyers

Cap Rate: 6.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Advanced Pain Management AZ
Avondale Elite Vein Clinic
Bottom of The Tub, Inc.
Brian S Page MD
Chiroplus Chiropractic Center
Eternity Hospice-palliative Cr
Kaiser Construction LLC
SL APM LLC

Amenities

  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Phoenix Sky Harbor International 30 min - 21.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 14
Type: Surface
Included in Rent: Yes
Justin Horwitz 480-220-2674 SVN | Desert Commercial Advisors
Justin Horwitz 480-220-2674 SVN | Desert Commercial Advisors