List Search

8410 W Thomas Rd
Phoenix, AZ 85037 Maryvale

$1,475,000 USD

Medical Condo For Sale  •  3,285 SF

Property Details

  • Property Type Medical
  • Total Building Size 9,644 SF
  • Lot Size 0.23 AC
  • Building Class B
  • Year Built 2005
  • Tenancy Single
  • Zoning C-O/ G-O
42 Transit Score
44 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 136 Medical Office 3,285 SF $1,475,000 USD
  • Unit Size: 3,285 SF
  • Condo Use: Medical Office
  • Price: $1,475,000 USD
  • Sale Type: Investment
  • Price/SF: $449.01 USD
Description
Available for Sale at $1,475,000
Fully Leased to Physical Therapy Practice
Strong Regional Tenant with NNN Lease and Corporate Guarantee
Tenant had four- 3 Year Options to Renew
Excellent Medical Investment Property with CAP Rate of 6.86%
Build Out Includes Therapy Pool
Strong Medical/Professional Tenant Mix
High Parking Ratios, Covered Parking and Monument Signage
Within One Mile of Banner Estrella Medical Center
Within One Mile of Loop 101 Freeway

Sale Notes
Single Tenant NNN Medical Condo for sale. Recently renovated in 2023. Tenant has been in building for 10+ years. Tenant has one additional option remaining.

Highlights

Single-Tenant NNN Medical Condo
Strategic location near major Phoenix thoroughfares

Property Flyers

Amenities

  • 24 Hour Access
  • Signage
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Phoenix Sky Harbor International 25 min - 17.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 238
Type: Surface
Included in Rent: Yes
Bailey Buck 480-686-0946 AK Commercial Properties
Bailey Buck 480-686-0946 AK Commercial Properties