2163 E Baseline Rd - Medical FOR SALE


Tempe, AZ 85283- The Lakes
$2,006,400 USD
480-220-2674
2163 E Baseline Rd, Tempe, AZ for Sale
$2,006,400 USD
Medical - FOR SALE
1/7
null | 6.25% Cap Rate

2163 E Baseline Rd
Tempe, AZ 85283
The Lakes


HIGHLIGHTS

  • Absolute NNN investment opportunity ideal for an investor wanting minimal management.
  • Sale leaseback opportunity at terms to be negotiated prior to opening escrow.
  • Highly experienced operator of both a medical practice and a personal injury law firm offering a stabilized multi-tenant investment with one single po
  • The property is well located in Tempe immediately off of the 101 Freeway perfect for a long term investment in a highly established area.

OVERVIEW

SVN is pleased to present to the market this absolute NNN sale leaseback opportunity. The building consists of two businesses, both operated by the same owner. Suite 101 is occupied by PrimaCare Internal Medicine, a well established medical practice that has been in operation since 2016. In the adjacent suite 105 is The Dr. Lawyer Law Group, a personal injury firm in operation since 2020. Dr. Zaheer Shah is the owner of both entities which are the result of his combined 35-year experience as both a medical doctor and lawyer. This sale is subject to the terms of a long term sale leaseback to be negotiated prior to opening escrow.

FOR SALE DETAILS

PRICE

$2,006,400 USD

PRICE/SF

$399 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bldg 7

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.59 AC

LAND SF

69,400 SF

ZONING

R-O, Tempe

APN/PARCEL ID

305-01-507,305-01-508,305-01-509,305-01-510,305-01-511

ASK ABOUT THIS PROPERTY

Justin HorwitzSVN | Desert Commercial AdvisorsMore Info
480-220-2674

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Justin HorwitzSVN | Desert Commercial AdvisorsMore Info
480-220-2674

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