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- LoopNet Team
2701 N 16th St
Phoenix, AZ 85006
Building 4 · 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 Phoenix, AZ. The property consists of a 1,420 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 separately.
PROPERTY FACTS
AMENITIES
- Courtyard
- Property Manager on Site
