2940 E Main St - Medical FOR SALE


Mesa, AZ 85213- Central Mesa
$1,852,900 USD
407-557-3848
2940 E Main St, Mesa, AZ for Sale
$1,852,900 USD
Medical - FOR SALE
1/2
null | 7.25% Cap Rate

2940 E Main St
Mesa, AZ 85213
Central Mesa


HIGHLIGHTS

  • • 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 7 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
  • • Accessible Location on E Main Street with Ample Parking ? Average Daily Traffic Counts Exceeding 16,000+ VPD
  • • Dense and Growing Population in Immediate Area ? Over One Million People in 10 Mile Radius with Projection for 2.6% Growth by 2030

OVERVIEW

This investment opportunity features a triple net lease structure with limited landlord responsibilities, as the landlord is only responsible for roof repairs exceeding $2,500 annually. The property benefits from strong historical occupancy and a demonstrated commitment from the tenant, who has occupied the location for seven years. Serving as a backyard location within the tenant’s home market, the site is operated by Community Health Centers, an organization headquartered in Phoenix, Arizona. The tenant operates within a growing healthcare sector and continues to expand its presence, with more than 70 clinics located across multiple states. This location also serves as a feeder site for the nation’s first 24-hour Opioid Treatment on Demand (OTOD) Center in Phoenix, further supporting its role within the organization’s healthcare network. Strategically positioned along E. Main Street, the property offers convenient access and ample on-site parking. The corridor experiences average daily traffic counts exceeding 16,000 vehicles per day, providing consistent visibility and accessibility for patients and visitors. The surrounding area is characterized by a dense and expanding population base, with more than one million residents within a 10-mile radius. Population projections indicate continued growth of approximately 2.6% by 2030, supporting long-term demand fundamentals for healthcare services in the market.

FOR SALE DETAILS

PRICE

$1,852,900 USD

PRICE/SF

$346 USD /SF

CAP RATE

7.25%

% 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

2019

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

1.98 AC

LAND SF

86,249 SF

ZONING

C-2

APN/PARCEL ID

140-22-001Q

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.