Listed by Diversified Partners
$3,570,029
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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
Listed by Diversified Partners
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Zoning
C-2 CommercialSpecial CommercialIntermediate Commercial
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View all 170 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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