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30112855
30112853

34225 N 27th Dr, Phoenix, AZ 85085

KC
AZ AZ SA669487000
Avison Young - Phoenix
Listed by Avison Young - Phoenix
$2,050,000
722 days on market
Updated 5 days ago

The Village at Sonoran Canyon

Details
Property Type Office
Sub Type Medical Office
Square Footage 20,834
Cap Rate 6.84%
NOI $139,583
Occupancy 100%
Lease Type NNN
Lease Expiration 02/01/2028
Broker Co-Op Yes
Stories 2
Parking Spaces 5 per 1,000 sq ft
Investment Type Net Lease

Office | 6.84% CAP | 20,834 SqFt

Marketing description

Suite 240: Carefree Dentistry: Carefree Dental is a partner of American Dental Companies a national affiliate and the tenant. Dr. Gonzalez and Dr. Young have years of experience backed by a skilled team and the latest technology. They specialize in dental veneers and dental emergencies. American Dental Companies is currently in 8 different states with over 64 doctors in this group.

Suite 241: *BMWC Contractors is a sublessee to American Dental Companies. Since 1955, BMWC has been a leading provider of industrial construction services to some of the world’s largest, most innovative companies. Thanks to their commitment to excellence, their culture of safety and their passion for their work, they have grown to become one of North America’s largest, most sophisticated industrial construction companies. Over the years, BMWC has been a consistent model of stability. They have had just five company presidents in their history, and each one has made a significant impact on the organization — a testament to their team’s investment in the principles that have made us the best at what we do.

Investment highlights

  • Professional managed building
  • Approximately 1 mile east of I-17 freeway
  • Located in the Sonoran Canyon office park, surrounded by medical providers
  • Parking 5:1,000 sf
  • Term: lease thru 2/2028 w/options to extend. Dental office would like to extend.
  • Annual increase 2%

Listing Contacts

KC
AZ AZ SA669487000
Avison Young - Phoenix
Listed by Avison Young - Phoenix

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$139,583.00
$11,631.92/mo

Valuation Metrics

0
DSCR
6.81%
Cap Rate
6.81%
ROI

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Additional Information

Name
Kelly Carlon
License
AZ SA669487000
Brokerage
Avison Young
Title
Vice President
Brokerage Address
2720 East Camelback Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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