9150 W INDIAN SCHOOL RD STE 118 BUILDING 5 Phoenix AZ 85037

🏥 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.

• 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.