Available For Sale - Office

3,194 SF

LISTED BY

Justin Horwitz SIOR
SVN | Desert Commercial Advisors, 480-220-2674

AVAILABILITY DETAILS

Size
3,194 SF
Price/SF
N/A - Contact for Info
Listing ID
SA536906
Notes
SVN Desert Commercial Advisors, as the sole representative of the Owner, is pleased to present for sale this multi-property, two-tenant, Triple Net medical investment portfolio. The portfolio consists of two office condo properties, one of which is located in Queen Creek, Arizona, and the other is located in Mesa Arizona.



The Queen Creek property is a single-tenant asset currently leased to a Four Corners Compounding Pharmacy. Personally guaranteed by the company's principal, who fully executed their lease in November of 2022. With three and a half years remaining on the lease, this location was built to spec for the compounding pharmacy and includes a large manufacturing area as well as a controlled clean room with advanced independent air filtration. The lease is an absolute NNN lease where the tenant is responsible for reimbursing the Owner for all associated expenses including taxes, insurance, and CAM costs.



The Mesa property is a two-tenant asset currently leased to Four Corners Compounding Pharmacy. Operating the space as its second location, Cosmetic Family Dental Clinic P.C. is a multi-operatory dental clinic that, has been open in the Mesa area for over 10 years. Both leases observe the same triple net structure where the tenant reimburses the owner for all associated expenses, including taxes, insurance, and CAM costs.
Uses
Office

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Justin Horwitz SIOR, SVN | Desert Commercial Advisors