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20440 N 27th Ave
Phoenix, AZ 85027
Honorhealth (N.O.A.H.) · Retail Property For Sale

Investment Highlights

  • Single Tenant NNN Lease to Scottsdale Healthcare Hospitals with ± 2.5 Years Remaining
  • Scottsdale Healthcare Hospitals dba HonorHealth – Fitch Rated “A+” Organization
  • Large ± 1.4 Acre Lot with Future Upside Potential
  • The property is currently under Triple Net (NNN) Lease (via expense recapture from tenant) with minimal landlord responsibilities.
  • HonorHealths longterm A+ rating reflects its ability to maintain profitability and unrestricted liquidity at levels consistent with the current rating
  • The property features an oversized 1.4 Acre parcel, zoned C2, with a possibility to add an additional 9,000 SF of improvements.

Property Facts

Property Type
Retail
Building Size
6,732 SF
Building Class
B
Year Built/Renovated
2001/2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.40 AC
Zoning
C-2
Parking
98 Spaces (7.3 Spaces per 1,000 SF Leased)
Frontage
75’ on N 27th Ave

Amenities

  • Bus Line

Property Taxes

Property Taxes

Parcel Number
206-08-004P
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$291,484
  • Listing ID: 35638681

  • Date on Market: 4/25/2025

  • Last Updated:

  • Address: 20440 N 27th Ave, Phoenix, AZ 85027

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