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1840-1844 E Baseline Rd
Tempe, AZ 85283
Baseline Medical Building C · Office Property For Sale
EXECUTIVE SUMMARY
Introducing BASELINE DENTAL MEDICAL CENTER located at 1840-1844 East Baseline Road in Tempe, AZ. This single-story, garden-style, multitenant building features a total of 21,160 SF with a 100% occupancy rate. The property includes 149 surface parking spaces on a ±5.74 AC site. Strategically situated with easy access to major freeways US-60 and Price Freeway (Loop 101), this investment opportunity boasts a diverse tenant mix including medical and dental professionals. Tenants like AZ OBGYN Affiliates, Veins & Vascular Centers, and Peterson Physical Therapy offer stable income streams. The property's location near ASU guarantees a high-income demographic with a population of 14,799 in a 1-mile radius and an average household income of $109,475.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
12,500 SF
Building Class
C
Year Built
1979
Price
$2,850,000
Price Per SF
$228
Cap Rate
6.61%
NOI
$188,500
Percent Leased
89%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
12,500 SF
Building FAR
0.05
Lot Size
5.74 AC
Zoning
R-O, Tempe - R-O Residential Office
Parking
149 Spaces (11.92 Spaces per 1,000 SF Leased)
AMENITIES
- Bio-Tech/ Lab Space
- Courtyard
- Signage
- Wheelchair Accessible
PROPERTY TAXES
| Parcel Number | 133-36-004U | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $330,465 |
PROPERTY TAXES
Parcel Number
133-36-004U
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$330,465
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