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- LoopNet Team
4824 E Baseline Rd
Mesa, AZ 85206
Bldg 3 · Office Property For Sale
INVESTMENT HIGHLIGHTS
- PASSIVE NNN LEASE: Tenant covers 100% of OpEx, taxes, insurance & utilities—minimal landlord responsibility.
- ATTRACTIVE ENTRY BASIS: Offered at $2.3 million ($389.83/SF) for a 7.47% cap rate—rare pricing for a healthcare asset with national brand affiliation
- PRIME EAST-VALLEY MEDICAL NODE: Less than one mile from Banner Gateway/MD Anderson and the new HonorHealth Mesa ER
- BUILT-IN GROWTH: Base rent steps up 3% annually through December 16 2028, compounding the current ±$171,866 NOI
- ESSENTIAL, RECESSION-RESILIENT USE: Pediatric care remains a critical service in all economic climates
- SUPERIOR ACCESS & PARKING: Immediate connectivity to US-60 and Higley Road, with visibility along Baseline (±26K VPD)
EXECUTIVE SUMMARY
Pierpont Pediatric is a ±5,900 SF, single-tenant medical office condominium occupying Units 3-11 through 3-24 at 4824 E Baseline Rd in Mesa, Arizona. Constructed in 2007 within the class-A Pierpont Business Court, the suite features a modern pediatric build-out with a visible Baseline frontage, dedicated monument signage, and a medical-grade parking ratio. Immediate access to US-60 (Superstition Fwy) and Higley Rd positions the property less than one mile from Banner Gateway Medical Center/MD Anderson Cancer Center and the new HonorHealth Mesa Emergency Center—placing the practice at the heart of the East-Valley’s premier healthcare corridor.
PROPERTY FACTS
| Property Type | Office | Rentable Building Area | 10,294 SF |
| Property Subtype | Medical | No. Stories | 1 |
| Building Class | B | Year Built | 2007 |
| Lot Size | 0.78 AC | APN / Parcel ID | |
| Zoning | PEP | ||
| Property Type | Office |
| Property Subtype | Medical |
| Building Class | B |
| Lot Size | 0.78 AC |
| Rentable Building Area | 10,294 SF |
| No. Stories | 1 |
| Year Built | 2007 |
| APN / Parcel ID | |
| Zoning | PEP |
AMENITIES
- Signage
- Air Conditioning
