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Community Medical Services 2940 E Main St 5,356 SF Office Building Mesa, AZ 85213 $1,852,900 ($345.95/SF) 7.25% Cap Rate
Investment Highlights
- • Triple Net Lease with Limited Landlord Responsibilities ? LL Only Responsible for Roof Repair Over $2,500 Annually
- • Backyard Location for Tenant in Home Market ? Community Health Centers is Headquartered in Phoenix, Arizona
- • Accessible Location on E Main Street with Ample Parking ? Average Daily Traffic Counts Exceeding 16,000+ VPD
- • Strong Historical Occupancy and Commitment from Tenant ? Tenant has Occupied for 7 Years
- • Growing Industry and Growing Tenant ? Community Health Centers has More Than 70 clinics Across Multiple States
- • Dense and Growing Population in Immediate Area ? Over One Million People in 10 Mile Radius with Projection for 2.6% Growth by 2030
Executive Summary
• Triple Net Lease with Limited Landlord Responsibilities
? LL Only Responsible for Roof Repair Over $2,500 Annually
• Strong Historical Occupancy and Commitment from Tenant
? Tenant has Occupied for 7 Years
• Backyard Location for Tenant in Home Market
? Community Health Centers is Headquartered in Phoenix, Arizona
• Growing Industry and Growing Tenant
? Community Health Centers has More Than 70 clinics Across Multiple States
? Feeder Location for Country’s First 24-hour Opioid Treatment on Demand (OTOD) Center Located in Phoenix, Arizona
• Accessible Location on E Main Street with Ample Parking
? Average Daily Traffic Counts Exceeding 16,000+ VPD
• Dense and Growing Population in Immediate Area
? Over One Million People in 10 Mile Radius with Projection for 2.6% Growth by 2030
? LL Only Responsible for Roof Repair Over $2,500 Annually
• Strong Historical Occupancy and Commitment from Tenant
? Tenant has Occupied for 7 Years
• Backyard Location for Tenant in Home Market
? Community Health Centers is Headquartered in Phoenix, Arizona
• Growing Industry and Growing Tenant
? Community Health Centers has More Than 70 clinics Across Multiple States
? Feeder Location for Country’s First 24-hour Opioid Treatment on Demand (OTOD) Center Located in Phoenix, Arizona
• Accessible Location on E Main Street with Ample Parking
? Average Daily Traffic Counts Exceeding 16,000+ VPD
• Dense and Growing Population in Immediate Area
? Over One Million People in 10 Mile Radius with Projection for 2.6% Growth by 2030
Data Room Click Here to Access
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
5,356 SF
Building Class
B
Year Built
1976
Price
$1,852,900
Price Per SF
$345.95
Cap Rate
7.25%
NOI
$134,335
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,356 SF
Building FAR
0.06
Lot Size
1.98 AC
Zoning
C-2
Parking
39 Spaces (7.28 Spaces per 1,000 SF Leased)
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Property Taxes
| Parcel Number | 140-22-001Q | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $119,134 |
Property Taxes
Parcel Number
140-22-001Q
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$119,134
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Community Medical Services | 2940 E Main St
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