11540 E University Dr - Freestanding FOR SALE
Apache Junction, AZ 85120 |
$3,212,440 USD
11540 E University Dr
Apache Junction, AZ 85120
HIGHLIGHTS
- Fresenius Kidney Care anchors 80% of the ±14,370 SF medical office on a NNN lease with 2% annual rent increases through May 2031.
- Value add opportunity with two vacant medical suites totaling ±2,800 SF, offering upside through lease-up and NOI growth.
- Offered at $3,441,900 with a 7.00% cap rate and $240,933 NOI, providing stable in-place income and long-term demand.
- Located on ±2.78 acres in Apache Junction, AZ, within the fast-growing Phoenix East Valley corridor with strong senior demographics.
- Fresenius Medical Care is the world’s largest dialysis provider with investment grade credit and 2,600+ U.S. clinics.
- Landlord-friendly NNN lease structure with limited responsibilities and predictable income from a nationally recognized healthcare tenant.
FOR SALE DETAILS
PRICE
$3,212,440 USD
PRICE/SF
$224 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Fresenius Kidney Care
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
91
LAND DETAILS
CROSS STREETS
N Meridian Dr
LAND ACRES
2.78 AC
LAND SF
121,184 SF
ZONING
C-2
APN/PARCEL ID
220-11-001U
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