21980 N 83rd Ave - Medical FOR SALE


Peoria, AZ 85383- North Peoria
$3,570,029 USD
602-400-5084
21980 N 83rd Ave, Peoria, AZ for Sale
$3,570,029 USD
Medical - FOR SALE
1/5
null | 5.46% Cap Rate

21980 N 83rd Ave
Peoria, AZ 85383
North Peoria


HIGHLIGHTS

  • Strong in-place cash flow with zero lease-up risk
  • Prime Peoria/Arrowhead submarket positioning
  • Exceptional access, visibility & daytime demand
  • Institutional-quality asset in a supply-constrained infill location
  • Credit-backed tenancy with recession-resistant demand
  • Long-term lease, embedded rent growth & attractively priced entry point

OVERVIEW

Fee Simple (Absolute NNN Lease). Banner Urgent Care presents investors with strong in-place cash flow and zero lease-up risk. The tenant occupies 100% of the ±5,212 SF building on a NNN lease generating $195,039 in annual rent, offering dependable, management-light income with no vacancy drag. The property is positioned at the gateway to Peoria’s affluent northwest corridor, within the Peoria/Arrowhead submarket, where average household incomes exceed $121,203 within three miles. The site sits near Arrowhead Towne Center, Arizona’s second-highest performing regional mall at over $1,000 PSF in sales, and benefits from direct frontage on N 83rd Avenue with signalized access near the Loop 101, which carries 178,000 vehicles per day.

FOR SALE DETAILS

PRICE

$3,570,029 USD

PRICE/SF

$691 USD /SF

CAP RATE

5.46%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Banner Urgent Care

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,930 SF

ZONING

C-2

APN/PARCEL ID

200-08-513

ASK ABOUT THIS PROPERTY

John JacksonDiversified Partners, LLCMore Info
602-400-5084

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John JacksonDiversified Partners, LLCMore Info
602-400-5084

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