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2353 E Baseline Rd 5,168 SF 100% Leased Office Building Gilbert, AZ 85234 $3,057,000 ($591.52/SF) 6% Cap Rate
Executive Summary
Located in the Phoenix metro area, this medical office offers a strong investment opportunity with a long-term lease in place with HealthyU
Medicine. HealthyU is a well-established healthcare provider known for delivering high quality, patient focused care across a wide range of
services including primary care, specialty medicine, and wellness programs. Their consistent growth, strong reputation, and commitment to
community health make them a dependable tenant with long term stability.
This medical office building is leased under a triple net agreement, allowing investors to bene?t from predictable income and minimal
management responsibilities. With the tenant covering property taxes, insurance, and maintenance, this lease offers a passive and ef?cient
ownership structure. Combined with the strength of the Phoenix healthcare market and HealthyU’s expanding footprint, this asset presents a compelling opportunity for investors seeking reliable returns in a resilient and growing sector.
PBJ Feature: Fastest Growing Companies Under $20 Million - HealthyU Clinics
https://www.bizjournals.com/phoenix/news/2025/11/13/fastest-growing-companies-healthyu-clinics.html
Medicine. HealthyU is a well-established healthcare provider known for delivering high quality, patient focused care across a wide range of
services including primary care, specialty medicine, and wellness programs. Their consistent growth, strong reputation, and commitment to
community health make them a dependable tenant with long term stability.
This medical office building is leased under a triple net agreement, allowing investors to bene?t from predictable income and minimal
management responsibilities. With the tenant covering property taxes, insurance, and maintenance, this lease offers a passive and ef?cient
ownership structure. Combined with the strength of the Phoenix healthcare market and HealthyU’s expanding footprint, this asset presents a compelling opportunity for investors seeking reliable returns in a resilient and growing sector.
PBJ Feature: Fastest Growing Companies Under $20 Million - HealthyU Clinics
https://www.bizjournals.com/phoenix/news/2025/11/13/fastest-growing-companies-healthyu-clinics.html
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
5,168 SF
Building Class
B
Year Built
1997
Price
$3,057,000
Price Per SF
$591.52
Cap Rate
6%
NOI
$183,464
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,168 SF
Building FAR
0.17
Lot Size
0.70 AC
Zoning
C-2, Gilbert
Parking
35 Spaces (8 Spaces per 1,000 SF Leased)
1 1
Property Taxes
| Parcel Number | 304-95-530 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $131,900 |
Property Taxes
Parcel Number
304-95-530
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$131,900
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2353 E Baseline Rd
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