10689 N 99th Ave - Medical FOR SALE


Peoria, AZ 85345
$1,088,544 USD
407-557-3848
10689 N 99th Ave, Peoria, AZ for Sale
$1,088,544 USD
Medical - FOR SALE
1/2
null | 7% Cap Rate

10689 N 99th Ave
Peoria, AZ 85345


HIGHLIGHTS

  • • Lease Extension Signed and Commencing June 1, 2026 ? Five Year Extended Term Expiring May 31, 2031
  • • Triple Net Lease with Limited Landlord Responsibilities ? LL Only Responsible for Roof Repair Over $2,500 Annually
  • • Strong Historical Occupancy and Commitment from Tenant ? Tenant has Occupied for 10 Years and has Signed Commitment for Another 5 Years
  • • Growing Industry and Growing Tenant ? Community Health Centers has More Than 70 clinics Across Multiple States
  • • Accessible Location on N 99th Avenue with Ample Parking ? Average Daily Traffic Counts Exceeding 15,000 VPD
  • • Dense and Growing Population in Immediate Area ? Over 1.2 Million People in 10 Mile Radius with Projection for 3.4% Growth by 2030

OVERVIEW

• Lease Extension Signed and Commencing June 1, 2026 ? Five Year Extended Term Expiring May 31, 2031 • Triple Net Lease with Limited Landlord Responsibilities ? LL Only Responsible for Roof Repair Over $2,500 Annually • Strong Historical Occupancy and Commitment from Tenant ? Tenant has Occupied for 10 Years and has Signed Commitment for Another 5 Years • Backyard Location for Tenant in Home Market ? Community Health Centers is Headquartered in Phoenix, Arizona • Growing Industry and Growing Tenant ? Community Health Centers has More Than 70 clinics Across Multiple States ? Feeder Location for Country’s First 24-hour Opioid Treatment on Demand (OTOD) Center Located in Phoenix, Arizona • Accessible Location on N 99th Avenue with Ample Parking ? Average Daily Traffic Counts Exceeding 15,000 VPD • Dense and Growing Population in Immediate Area ? Over 1.2 Million People in 10 Mile Radius with Projection for 3.4% Growth by 2030

FOR SALE DETAILS

PRICE

$1,088,544 USD

PRICE/SF

$350 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Community Medical Services

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

C-2, Peoria

APN/PARCEL ID

142-52-005R

ASK ABOUT THIS PROPERTY

Spencer KochMarcus & MillichapMore Info
407-557-3848

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Spencer KochMarcus & MillichapMore Info
407-557-3848

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.