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20325 N 51st Ave
Glendale, AZ 85308
Bldg H · Office Property For Sale

Investment Highlights

  • ST NNN Investment Opportunity
  • Strong Tenant Operating Since 2007
  • Well Located Offices Throughout the Phoenix and Tucson Markets
  • Brand New 5 Year Lease w/ 3% Annual Increases
  • Part of a 7 Property Portfolio Available Together or Separate

Executive Summary

SVN is pleased to present to the market this NNN investment opportunity located in Glendale, AZ. The property consists of a 3,339 SF office condo currently occupied by Advanced Pain Management. While the tenant has operated out of this location for many years, they recently executed a brand new lease commencing in August 2024 and continuing through July 2029 with three percent (3%) annual increases. The lease is a true NNN lease in which the tenant reimburses the Landlord for expenses and is responsible for all repairs including HVAC repairs and/or replacement. The common areas are managed by an association. This offering is part of a larger portfolio of seven properties for sale that can be purchased together or separate.

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Property Type Office
Property Subtype Medical
Building Class B
Lot Size 0.03 AC
Rentable Building Area 6,009 SF
No. Stories 1
Year Built 2006
Parking Ratio 4.8/1,000 SF
Cross Streets W Beardsley Rd
Zoning C-O/M-O, Phoenix - Commercial

Amenities

  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector
  • Listing ID: 32619328

  • Date on Market: 7/29/2024

  • Last Updated:

  • Address: 20325 N 51st Ave, Glendale, AZ 85308

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