Listed by XCD Realty & Property Management
$1,290,000
5416 E Southern Ave
Details
APN 141-83-969-A
Property Type Office
Sub Type Medical Office
Square Footage 3,273
Net Rentable (SqFt) 3,273
Units 1
Tenancy Single
Lease Type NNN
Rent Bumps Yes
Pro-Forma NOI $75,279
Year Built 2003
Year Renovated 2022
Zoning OC
Parking Spaces 3 spaces
Parking Per SqFt 0.92
Investment Type Owner/User
Ownership Fee Simple
Office | 3,273 SqFt
Marketing description
XCD Realty is pleased to present an attractive investment opportunity for the acquisition of a meticulously maintained medical office condo situated at 5416 E Southern Ave, Mesa, AZ (“Asset”). The property is strategically positioned in close proximity to major healthcare facilities such as the US 60, Loop 202 Banner Gateway Medical Center (185 beds), and MD Anderson Cancer Center (77 beds). Additionally, the area boasts numerous retail amenities and dining options, including RA Sushi Bar Restaurant, Venezia’s New York Style Pizza, Buffalo Wild Wings, and Black Angus Steakhouse.
Investment highlights
- Completed capital improvements encompass a newly renovated roof, refreshed interior paint, and a resealed/repainted parking lot
- Turnkey property offering a prime opportunity for owner-users
- Advantageous condominium situated within a meticulously maintained homeowners association (HOA)
- The property features eight versatile and private offices
- Equipped with a convenient kitchenette/break room
- Eight Private Offices
- Two Entrances
- Waiting Room / Receptionist Desk
- Supplies Room
- Security System/Cameras
- Two Bathrooms
- Large Windows Providing Natural Lighting
- Recently Renovated Roof
- Covered Parking
- Kitchenette
Listing Contacts
Listed by XCD Realty & Property Management
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