Medical/Office - 10Year NNN Investment
Medical/Office - 10Year NNN Investment
Marketing description
🏥 Medical/Office - 10Year NNN Investment
📍 9150 W Indian School Rd, Bldg 5, Phoenix, AZ 85037
🗂️ Parcel Code: 102-18-801
💰 Price: $4,965,600.00
📐 Suite Size: Approximately 8,276 SF of fully built-out interior space.
🏢 Building Type: Medical Office
📅 Year Built: 2005
📜 Zoning: C-1
The lease is a Triple-Net (NNN) lease with AMIS LLC as the tenant, guaranteed by a personal guarantee from an individual with an estimated $40M net worth. The lease term is 10 years, commencing on October 1st, 2025, and expiring on September 30th, 2035. It includes 3% annual rental increases and renewal options for 5 or 10 years. Both roof and structure responsibilities fall under the HOA/Tenant.
🌟 Property Highlights:
🔧 Turnkey Medical Buildout: Fully built-out medical office space featuring 14 provider rooms and 4 restrooms, ideal for immediate occupancy.
🏢 Single-Story Layout: Easy ground-level access, perfect for patients and clients.
🏗️ Class B Construction: Professionally maintained with modern finishes and amenities.
🅿️ Ample Parking: Generous surface parking including covered spaces, ensuring convenience for staff and visitors.
🚘 Excellent Visibility & Accessibility: Prominent frontage on W Indian School Rd, with seamless access to Loop 101 and surrounding arterial roads.
📢 Signage Opportunities: Building and monument signage available to enhance tenant visibility and branding.
🤝 Thriving Tenant Mix: Surrounded by complementary medical and professional tenants, supporting strong referral networks.
Investment highlights
A 10-year Triple Net (NNN) Lease.
3% annual rental escalations.
Significant capital investment in specialized medical buildout and infrastructure.
A strategic location along Indian School Road in Phoenix's West Valley.
A dense trade area characterized by strong population growth and household income.
Excellent visibility with arterial access and potential for prominent building/monument signage.
Surrounded by established residential neighborhoods and expanding developments.
Demographics and Location Overview
The location benefits from strong demographics. Within a 1-mile radius, the projected population for 2029 is 21,657, with an estimated 19,674 in 2024, showing a 10.08% growth. Average household income for 2024 is estimated at $65,552 within 1 mile. Similar growth and income trends are observed in 3-mile and 5-mile radii.
The property's location offers proximity to several key amenities and transportation hubs:
6.5 miles to Wigwam Golf Club.
3.6 miles to Desert Sky Mall.
8.2 miles to Grand Canyon University.
17.4 miles to Phoenix Sky Harbor International Airport.
It is situated just east of Loop 101 and a short drive from Interstate 10, providing connectivity to Downtown Phoenix, Glendale, and Goodyear. The surrounding area includes a mix of medical, office, and retail users, with convenient access to services like QuikTrip, Starbucks, and various healthcare providers.
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