- For Sale $5,050,000
- Property Type Office
- Property Size 11,782 SF
- Lot Size 0.27 Acre
- Cap Rate % 7
- Year Built 1986
- Date Updated Jul 13, 2026
Description
10-YEAR CORPORATE-GUARANTEED CASH FLOW AT A 7% CAP RATE
Property Type: Medical Office
Sale Price: $5,050,000
Suite Size: ±11,782 SF
Zoning: R-5
Parcel: 118-34-643
Call now: 480-323-6072 to schedule your FREE, no-obligation tour and see it in person!
This is a rare opportunity to acquire a high-quality medical office suite located in a highly accessible and amenity-rich area. Suite 360 offers ±11,782 SF of fully built-out medical space, currently occupied by a stable, well-established local multispecialty practice with 12 locations across Arizona. This 10-year NNN lease provides long-term, passive income with minimal landlord responsibilities.
Investment Highlights:
- 7% CAP Rate | 10-Year NNN Lease
- Experienced Tenant: Large, multispecialty practice with strong local presence
- Licensed Outpatient Cath Labs with Recovery Areas
- No Comparable Medical Condo Inventory in the Downtown Core
- Zoned R-5 – Ideal for Medical Use
Property Features:
- 32 Wet Exam Rooms
- Outdoor Balconies for staff and patient comfort
- Parking Garage + Surface Parking available
- Building & Monument Signage opportunities
- Easy Access to Light Rail, SR-51, Loop 101, and Loop 202
- Surrounded by Desirable Retail Amenities
- Close Proximity to Multiple Major Hospitals
This offering represents a turn-key, income-producing asset in a high-demand medical corridor, ideal for investors seeking long-term stability and solid market fundamentals.
📞 Call 480-323-6072 today to learn more!
False
Contacts
Bellagio Plaza
Property Manager
Location
Located at 202 E Earll Dr, Phoenix, AZ 85012, this property is part of the Encanto Village neighborhood and Phoenix market.
Bellagio Plaza
Property Manager
