602-339-3131
6036 N 19th Ave, Phoenix, AZ for Sale
Medical - FOR SALE
1/33
null | Request Cap Rate

6036 N 19th Ave
Phoenix, AZ 85015
North Phoenix


HIGHLIGHTS

  • Multi-tenant medical office building operating as the only third-party-owned medical office building on the Abrazo Central Campus.
  • Positioned directly adjacent to the Abrazo Central Campus, a 206-bed acute care hospital with seamless access to Interstates 17 and 10.
  • Attractive value-add opportunity to acquire an on-campus asset at a fraction of the replacement cost, with significant embedded upside.
  • Currently 37% occupied, with a weighted average lease term (WALT) of 4 years and approximately 50 years of remaining ground lease term.
  • Unique owner/user opportunity with the ability to occupy up to 73% of the building, including the entire 4th floor and the entire ground floor.
  • Below-replacement cost basis relative to new medical construction with long-term alignment with Abrazo Central Campus operations.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Value-Add Medical Office Adjacent to Hospital

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

B

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

C-2, Phoenix

APN/PARCEL ID

156-13-115

ASK ABOUT THIS PROPERTY

Eric WichtermanCushman & WakefieldMore Info
602-339-3131

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Eric WichtermanCushman & WakefieldMore Info
602-339-3131

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