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$875,000
$875,000
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2,225 Sqft Lot
SOLD DATE : 05/10/2023
Key Details
Sold Price $875,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Maricopa Professional Village A Condominium
MLS Listing ID 6534235
Sold Date 05/10/23
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 2006
Annual Tax Amount $10,581
Tax Year 2022
Lot Size 2,225 Sqft
Acres 0.05
Property Description
* 100% occupied healthcare real estate (+/- 2,259 SF)
* Ideal investment/1031 exchange property due to long lease term, established tenant, strong location & corporate guarantee
* Robust area in fast-growing Maricopa near retail and business amenities
* Strong healthcare center with optometrist, oral/facial surgeon & pediatric providers
* High traffic area with 40,000 VPD
* Strong national tenant - Empower Physical Therapy with 40 locations across the country
* Brand new, 7-year lease with 3% annual increases, 2-5 year options to renew & corporate guaranty
Location
State AZ
County Pinal
Community Maricopa Professional Village A Condominium
Zoning GR
Interior
Heating Other
Cooling Other
Flooring Other
Exterior
Parking Features Paved Parking
Fence None
Roof Type Other, See Remarks
Present Use Medical/Dental, Office
Total Parking Spaces 10
Building
Sewer Other (See Remarks)
New Construction No
Others
Senior Community No
Tax ID 512-05-908
Financing Cash
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Bought with Non-MLS Office
