6116 E Arbor Ave - Medical FOR SALE


Mesa, AZ 85206- Superstition Springs
$4,768,000 USD
773-727-4285
6116 E Arbor Ave, Mesa, AZ for Sale
$4,768,000 USD
Medical - FOR SALE
1/4
null | 7% Cap Rate

6116 E Arbor Ave
Mesa, AZ 85206
Superstition Springs


HIGHLIGHTS

  • Brand New 10-Year Net Lease with Leading Autism Center Operator
  • High Demand, Growing Autism/Behavioral Health Industry
  • Passive Net Lease with Annual Rental Increases & Ongoing Financial Reporting
  • Additional Parking Lot Income
  • Located in an Outstanding Medical Corridor of Mesa
  • Dense, Surrounding Demographics

OVERVIEW

Northmarq is pleased to offer for sale to qualified investors, the opportunity to purchase a fee simple interest in the SOAR Autism Center property located in Mesa, AZ (“The Property”). The Property consists of a 13,618-square-foot freestanding healthcare clinic. The Property is leased by SOAR Health Inc., doing business as SOAR Autism Center (“SOAR”). In October 2024, SOAR signed a brand new 10-year net lease featuring rare, three (3%) percent annual rental increases throughout the base and option terms, providing a significant hedge against inflation. See Lease Abstract for full details. The Property represents an excellent acquisition opportunity in the primary medical corridor of Mesa, AZ near two major healthcare facilities: Banner Baywood Medical Hospital (342 beds) and Ironwood Cancer Center & Research, both only one mile from the Property. Additionally, the Property is located in a dense, affluent area with 113k residents and average household income levels of more than $92k/year within three miles of the Property. SOAR Autism Center was founded in 2021 in Denver, Colorado by Jennifer and Ian Goldstein, a husband and wife team with backgrounds in public education and medicine. In their previous professions, they frequently heard from providers and families about the need for better, developmentally appropriate autism care for young children. As parents of young children, they empathized deeply with families navigating this challenge. Determined to address this challenge, they set out to create better support systems for these children and their families.

FOR SALE DETAILS

PRICE

$4,768,000 USD

PRICE/SF

$350 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bldg 3

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

14,000 SF

ZONING

C-2

APN/PARCEL ID

141-57-149

ASK ABOUT THIS PROPERTY

BJ FellerNorthmarqMore Info
773-727-4285

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BJ FellerNorthmarqMore Info
773-727-4285

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