202 E EARLL DR UNIT 360 PHOENIX, AZ 85012
Premier Medical Office Investment – Suite 360 - 8% CAP Investment
Marketing description
Premier Medical Office Investment – Suite 360 - 8% CAP Investment
Property Type: Medical Office
Sale Price: $5,301,900
Suite Size: ±11,782 SF
Zoning: R-5
Parcel: 118-34-643
Call now: 480-323-6072 to schedule your FREE, no-obligation tour and see it in person!
This is a rare opportunity to acquire a high-quality medical office suite located in a highly accessible and amenity-rich area. Suite 360 offers ±11,782 SF of fully built-out medical space, currently occupied by a stable, well-established local multispecialty practice with 12 locations across Arizona. This 10-year NNN lease provides long-term, passive income with minimal landlord responsibilities.
Investment Highlights:
- 8% CAP Rate | 10-Year NNN Lease
- Experienced Tenant: Large, multispecialty practice with strong local presence
- Licensed Outpatient Cath Labs with Recovery Areas
- No Comparable Medical Condo Inventory in the Downtown Core
- Zoned R-5 – Ideal for Medical Use
Property Features:
- 32 Wet Exam Rooms
- Outdoor Balconies for staff and patient comfort
- Parking Garage + Surface Parking available
- Building & Monument Signage opportunities
- Easy Access to Light Rail, SR-51, Loop 101, and Loop 202
- Surrounded by Desirable Retail Amenities
- Close Proximity to Multiple Major Hospitals
This offering represents a turn-key, income-producing asset in a high-demand medical corridor, ideal for investors seeking long-term stability and solid market fundamentals.
📞 Call 480-323-6072 today to learn more!
Investment highlights
- Strong Income-Producing Asset:
- Offered at a 8% CAP rate with a 10-year NNN lease, providing stable, long-term passive income with minimal landlord responsibilities.
- Established Medical Tenant:
- Occupied by a well-established multispecialty medical group with 12 locations across Arizona, ensuring reliability and financial strength.
- Rare Medical Condo Offering:
- One of the only medical condominium investment opportunities in the downtown area near major hospitals—highly limited supply in this market.
- Fully Built & Licensed Cath Labs:
- Includes outpatient catheterization labs with recovery areas, ideal for specialized procedures and licensed medical operations.
- Premium Medical Buildout:
- Features 32 wet exam rooms, outdoor balconies, and high-quality finishes tailored to demanding clinical use.
- Excellent Access & Visibility:
- Conveniently located near the Light Rail, SR-51, Loop 101, and Loop 202, with building and monument signage available for strong visibility.
- Ample Parking Options:
- Access to both parking garage and surface parking, ensuring ease of access for patients and staff.
- Proximity to Key Healthcare Facilities:
- Located close to several major hospitals and surrounded by a variety of retail and service amenities, making it ideal for continued medical use and tenant retention.
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