RE/MAX Commercial Alliance is proud to offer this exceptional opportunity to acquire a fully leased NNN property, available for the first time since its construction. Situated at 3500 John F. Kennedy Parkway in the vibrant midtown district, this trophy asset sits just steps from the redeveloped Foothills Mall and Marriot Hotel, surrounded by an abundance of dining, shopping, and lifestyle amenities. This dynamic location combines visibility, accessibility, and walkability — a winning combination for long-term value.
Containing 41,225 building SF across four levels, this striking property offers abundant parking, expansive natural light, and modern interiors, complemented by a contemporary monument sign for maximum exposure. The well-balanced tenant roster features a mix of established professional office and medical tenants, delivering 100% occupancy. As a bonus, the sale includes a 0.875 acre pad site, unlocking future development or expansion potential in a high-demand corridor where opportunities are scarce. This is a turnkey, income-producing asset in a prime location where quality investments rarely come to market.
Sales Price $9,900,000
7% Cap Rate. 100% Occupied.
2026 NOI $664,100. Incls 5% Vacancy and Mgmt.
41,225 Building SF / 37,507 Rentable SF on 3.3 Acres of Land; Incls Additional 0.875 Acre Pad Site.
Year Built 1984 / 2008 Major Interior Remodel and New HVAC Completed.
New Roof in 2024.
Well Managed with Reliable Financial Information.
Elevator Served Building, Complete with Major Interior Upgrades and Elegant Landscaping.
Thoughtful Tenant Mix to Incl 16 Tenants, Multiple National Tenants.
Two Rooftop Antenna Cell Leases With a Value of $1M at a 5% Cap Rate.
148 Parking Spaces (3.89 parking ratio).
Located Within the General Commercial Zone District.