7525 E Broadway Rd - Medical FOR SALE


Mesa, AZ 85208- Superstition Springs
$5,295,000 USD
602-561-1339
7525 E Broadway Rd, Mesa, AZ for Sale
$5,295,000 USD
Medical - FOR SALE
1/20
null | 7.08% Cap Rate

7525 E Broadway Rd
Mesa, AZ 85208
Superstition Springs


HIGHLIGHTS

  • Stabilized Medical Office Asset – 20,802 SF, two-building medical office complex on ±2.14 acres with a campus layout and strong medical identity
  • Attractive Yield – Offered at $5,295,000 ($254/SF) with a 7.08% cap rate and approximately $375,000 NOI
  • Secure Day-One Cash Flow – 88.23% leased with seller-guaranteed rent on the vacant suite, effectively delivering pro forma income from closing
  • Recession-Resistant Tenant Mix – Diverse roster of essential healthcare providers reduces single-tenant risk and supports long-term stability
  • Strong Market Fundamentals – Located in the Mesa East submarket with zero new office construction, positive net absorption, & 2.4% annual rent growth
  • Proximity to Major Hospitals – Approximately 1.3 miles from Banner Baywood Medical Center & Banner Heart Hospital, reinforcing tenant demand & traffic

OVERVIEW

Broadway East Medical Center is a stabilized, multi-tenant medical office investment located at 7525 E Broadway Road in Mesa, Arizona, offered at $5,295,000 and delivering a 7.08% cap rate. The two-building, campus-style complex totals 20,802 square feet and is currently 88.23% occupied by a diversified and synergistic mix of established medical providers, including cardiology, primary care, pain management, audiology, podiatry, and pediatric physical therapy. The income stream is further de-risked by a seller-guaranteed rent on the remaining vacancy, providing investors with secure, predictable cash flow from day one. Situated in the supply-constrained Mesa East submarket—where there is zero office construction underway and strong positive absorption—the property benefits from accelerating rent growth, recession-resistant tenancy, and long-term upside through future lease roll-ups and continued medical demand. With strong in-place NOI, durable fundamentals, and proximity to major hospital systems, Broadway East Medical Center presents an attractive opportunity for investors seeking stable yield with embedded growth potential.

FOR SALE DETAILS

PRICE

$5,295,000 USD

PRICE/SF

$255 USD /SF

CAP RATE

7.08%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Broadway East Medical Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

130

LAND DETAILS

LAND ACRES

2.14 AC

LAND SF

93,218 SF

ZONING

R-S

APN/PARCEL ID

218-58-480

ASK ABOUT THIS PROPERTY

Matt ZaccardiCommercial Properties, Inc.More Info
602-561-1339

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Matt ZaccardiCommercial Properties, Inc.More Info
602-561-1339

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