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34313394
34313392

21980 North 83rd Avenue, Peoria, AZ 85383

JJ
AZ SA586080000
Diversified Partners
KS
AZ SA670328000
Diversified Partners
Listed by Diversified Partners
$3,570,029
0 days on market
Updated 0 days ago

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Details
Property Type Office
Sub Type Medical Office
Square Footage 5,212
Lease Type Absolute NNN
Lease Term 19
Lease Expiration 01/31/2033
Remaining Term 6.6
Rent Bumps Yes
Lease Options One, five-year option
Year Built 2016
Acreage 0.730
Lease Commencement 07/29/2014

Strong In-Place Cash Flow and Zero Lease-Up Risk!

Marketing description

The tenant

occupies 100% of the ±5,212 SF building on a NNN lease generating $195,039 in annual rent, offering dependable, management-light income with no vacancy drag. The property is positioned at the gateway to Peoria’s affluent northwest corridor, within the Peoria/Arrowhead submarket, where average household incomes exceed $121,203 within three miles. The site sits near Arrowhead Towne Center, Arizona’s second-highest performing regional mall at over $1,000 PSF in sales, and benefits from direct frontage on N 83rd Avenue with signalized access near the Loop 101, which carries 178,000 vehicles per day.

Investment highlights

  • STRONG IN-PLACE CASH FLOW WITH ZERO LEASE-UP RISK
  • PRIME PEORIA/ARROWHEAD SUBMARKET POSITIONING
  • EXCEPTIONAL ACCESS, VISIBILITY & DAYTIME DEMAND
  • INSTITUTIONAL-QUALITY ASSET IN A SUPPLYCONSTRAINED INFILL LOCATION
  • CREDIT-BACKED TENANCY WITH RECESSIONRESISTANT DEMAND
  • LONG-TERM LEASE, EMBEDDED RENT GROWTH & ATTRACTIVELY PRICED ENTRY POINT

Listing Contacts

JJ
AZ SA586080000
Diversified Partners
KS
AZ SA670328000
Diversified Partners
Listed by Diversified Partners

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Zoning

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C-2 CommercialSpecial CommercialIntermediate Commercial
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
John Jackson
License
SA586080000
Brokerage
Diversified Partners, LLC
Brokerage Phone
602-400-5084
Title
Senior Vice President
Brokerage Address
7339 East McDonald Drive
Name
Kristina Stamets (Remon)
License
SA670328000
Brokerage Phone
480-947-8800
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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