NNN Investment Opportunity

The Presidio 1100 S Dobson Rd Suite 203B Chandler, AZ 85286

  • 3,241 Square Feet
  • Healthcare-Medical Office
  • For Sale

Summary Description

NNN investment opportunity at The Presidio in Chandler, Arizona. Suite 203B is a 3,241-square foot medical office condo, which is 100-percent occupied by Arizona Orthopedic Specialist. Sale price is $1,085,853.20. Cap rate is 6.85 percent.

Lease is on a triple net basis with the tenant responsible for utilities, insurance, common area maintenance, property tax and janitorial. Lease commencement: October 1, 2017. Lease expiration: September 31, 2025.

The Presidio is an ±86,300-square-foot, two-story Class A executive office/medical condominium complex at the northwest corner of Dobson Road and Loop 202 freeway.

Building Size: 3241 Square Feet

Area Available: 3,241 Square Feet

Sale Price

$1,085,853.20

Cap Rate

6.85%

Parking

5/1,000

Year Built

2008

Tenant Improvements

2017

Zoning

PAD, city of Chandler

Features:

  • 100% occupied by Arizona Orthopedic Specialist
  • Lease commencement October 1, 2017; lease expiration: September 31, 2025
  • Great location in Chandler’s Price Road Employment Corridor and within a mile of three freeway exits
  • Close to Chandler Fashion Center and Chandler Regional Hospital
  • Numerous shopping, dining and other retail amenities in the immediate area

Property Experts

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