Listed by Cushman & Wakefield - Phoenix, Arizona
$9,500,000
Anthem Corporate Center
Details
APN 203-03-542A
Property Type Office
Sub Type Medical Office
Square Footage 64,473
Cap Rate 7.49%
NOI $711,907
Occupancy 53%
Tenancy Multi
Price per SqFt $147
Year Built 2008
Buildings 2
Stories 2
Acreage 5.210
Zoning C-2
Ground Lease No
Office & Medical Complex Near TSMC | ±7.5% Cap | ±64,473 SF
Marketing description
- Two (2) building office and medical complex totaling ±64,473 SF.
- ±53% leased to a balanced tenant mix comprised of medical (±37%) and traditional office (±63%) tenants, providing durable and diversified cash flow.
- Taiwan Semiconductor Manufacturing Company’s (TSMC) $165 billion campus is located approximately 10 minutes south of the property making it well positioned to benefit from continued employment growth, supplier expansion, and long-term demand generation.
- Banner Health’s $22.1 million acquisition of 18.8-acres along I‑17 near TSMC in April 2026 underscores accelerating market momentum and strong long‑term confidence in the area.
- Value add leasing opportunity driven by strong regional tailwinds from TSMC, with ±30,361 SF of vacancy offering significant upside through lease up.
- Located in Anthem, a premier upscale master planned community, filled with decision-maker housing and spanning over ±5,660 acres.
- ±1/2-mile access to Interstate 17, providing convenient access to the broader Phoenix metro area.
- Amenity rich location with approximately 1 million square feet of thriving upscale retail options within a 1-mile radius.
- Efficient and adaptable layouts are designed to accommodate small, mid-sized, and large tenants, supporting sustained leasing demand across multiple user profiles.
Listing Contacts
Listed by Cushman & Wakefield - Phoenix, Arizona
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$711,907.00
$59,325.58/mo
Valuation Metrics
0
DSCR
7.49%
Cap Rate
7.49%
ROI
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