8320 W Mariners Way - Medical FOR SALE


Peoria, AZ 85382
$6,833,333 USD
602-491-9295
8320 W Mariners Way, Peoria, AZ for Sale
$6,833,333 USD
Medical - FOR SALE
1/8
null | 6% Cap Rate

8320 W Mariners Way
Peoria, AZ 85382


OVERVIEW

Single-Tenant NNN Investment | Centria Autism | Arrowhead/Peoria Sports Complex Trade Area LevRose Commercial Real Estate is pleased to present an absolute NNN, single-tenant investment opportunity at 8320 W Mariners Way in Peoria, Arizona, priced at $6,833,333 (6.0% cap rate, $410,000 NOI). The ±11,638 SF freestanding medical office building sits on ±0.25 acres and is 100% leased to Centria Healthcare (Centria Autism), a leading multi-state provider of ABA therapy and pediatric nursing services operating in 11 states, founded in 2009 and headquartered in Farmington Hills, MI. The tenant recently signed a new 15-year absolute NNN lease with corporate guaranty, 2% annual rent increases, and two 5-year renewal options — delivering long-term, management-free income with zero landlord responsibilities. The building was originally built in 2002 and renovated in 2026. Location & Trade Area The property is located in the Arrowhead Regional Mall trade area, within the P83 Entertainment District adjacent to Peoria Sports Complex — the spring training home of the San Diego Padres and Seattle Mariners. It benefits from direct access to Loop 101 (±112,540 VPD) near its interchange with W Bell Road (±57,337 VPD), with N 83rd Ave frontage carrying ±19,670 VPD. The site is within immediate walking distance of over 2 million SF of retail development, including Harkins Theatres, Cheesecake Factory, Hash Kitchen, and national anchors such as Target, Trader Joe's, PetSmart, and In-N-Out, plus the Arrowhead Mall corridor's mix of Macy's, Dillard's, JCPenney, and Sephora. Demographics (5-Mile Radius, 2024) Population: 309,215 (growing to 334,229 by 2029) Households: 124,133 Average Household Income: $88,564 Median Home Value: $324,949 Businesses: 13,642 / Employees: 103,564 Investment Highlights Absolute single-tenant NNN — zero landlord responsibilities New 15-year lease with corporate guaranty 2% annual rent escalations; two 5-year renewal options 100% leased, recently renovated medical office asset Irreplaceable location adjacent to Peoria Sports Complex and Loop 101/Bell Rd retail corridor Contact: Sean Lieb, Partner — slieb@levrose.com | 602.491.9295

FOR SALE DETAILS

PRICE

$6,833,333 USD

PRICE/SF

$587 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

72

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

PAD, Peoria

APN/PARCEL ID

200-53-351

ASK ABOUT THIS PROPERTY

Sean LiebLevRose Real EstateMore Info
602-491-9295

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Sean LiebLevRose Real EstateMore Info
602-491-9295

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