Broadway East Medical Center
Office | 7.08% CAP | 20,802 SqFt
Marketing description
CPI is pleased to present the unique opportunity to acquire Broadway East Medical Center, a 20,802 SF stabilized, multi-tenant medical office complex located at 7525 E Broadway Road in Mesa, Arizona. This property offers investors a secure, high-yield asset with a diverse tenant roster in a fundamentally strong submarket.
The complex is 88.23% occupied by a synergistic mix of established medical practices, including specialists in family medicine, cardiology, pain management, and physical therapy. The offering is further stabilized by a seller-guaranteed rent for the single vacant suite, providing an investor with immediate, reliable cash flow from day one. This durable income stream from multiple established tenants provides exceptional security and a recession-resistant investment profile.
The property is located in the heart of a dense, mature, and medically focused community. Within five miles, the area boasts a population of nearly 280,000 residents and over 75,000 daytime employees, creating a massive and convenient patient base. The stable, established community, with a median age of over 44, provides a consistent demand for a wide range of medical services. For an investor, this convergence of a large population, a strong local workforce, and close proximity to major hospitals like Banner Baywood Medical Center solidifies the property’s position in a thriving healthcare ecosystem.
Nestled in the stable and uniquely supply-constrained Mesa East submarket, the property benefits from powerful market dynamics. The area has seen nearly 38,000 SF of positive net absorption over the past year with zero new office space currently under construction, insulating the asset from new competition. This robust tenant demand is fueling impressive rental growth, with asking rents in the submarket increasing by 2.4%—significantly outpacing the metro Phoenix average.
With a strong tenant mix, excellent location, and powerful market fundamentals, Broadway East Medical Center represents a premier opportunity for an investor to acquire a high-performing medical office asset. The property’s combination of stable day-one returns and a clear runway for future appreciation makes it an ideal acquisition for those seeking secure, long-term cash flow
This offering presents a rare opportunity to acquire a stabilized medical office complex with a diverse, synergistic tenant roster providing secure and reliable cash flow from day one.
Investment highlights
- Proximity to Banner Baywood/Heart Medical Center & Banner Gateway Medical Center
- Easy Access to Loop 202 and US-60 Freeways
- 6.34/1,000 Parking Ratio
- 88.23% Leased
- NNN & MG Lease Types
- Monument Signage
- Ingress/Egress on E Broadway Rd
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