602-513-5123
, Phoenix, AZ for Sale
Office - FOR SALE
1/2
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HIGHLIGHTS

  • Diverse Tenant Base: No single tenant exceeds 8% of the rent roll, reducing rollover risk and ensuring consistent income.
  • Strong surrounding demographics promoting high population growth.
  • A weighted average lease term (WALT) of 3.8 years and a desirable average tenant size contribute to low tenant turnover and stable cash flow.

OVERVIEW

Kidder Mathews, as exclusive advisor, is pleased to present the unique opportunity to acquire the fee simple interest in LeCota (the “Property”), a stabilized ±84,658-square-foot multi-tenant office/medical campus situated along Bell Road in North Phoenix. The Property offers an attractive mix of diverse medical and professional tenancy, with a Weighted Average Tenant Tenure of nearly 9 years. Benefiting from a ~92.4% occupancy rate across 40 tenants, the campus provides immediate cash flow while still leaving room for further lease-up and medical conversion opportunities. LeCota is ideally positioned in the high-demand Deer Valley submarket, with immediate access to the Loop 101, I-17, and SR-51 freeways. This strategic location delivers excellent regional connectivity and visibility, courtesy of strong daily traffic counts along Bell Road. Anchored by leading healthcare facilities, robust population growth, and a highly skilled workforce, North Phoenix continues to attract a diverse array of users.

ASK ABOUT THIS PROPERTY

Michael DupuyKidder MathewsMore Info
602-513-5123

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Michael DupuyKidder MathewsMore Info
602-513-5123

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