8112 N 7th St 8,930 SF Health Care Building Offered at $6,200,000 at a 13.44% Cap Rate in Phoenix, AZ 85020

8112 N 7th St presents an opportunity to acquire a newly constructed, institutional-quality assisted living asset located in the heart of Central Phoenix—an infill submarket characterized by strong healthcare infrastructure, dense population, and consistent demand for senior housing. Delivered in 2026, the property is a purpose-built, Class A facility designed to meet the growing need for high-acuity, private-pay care within a boutique, resident-focused environment.
The asset is positioned to deliver durable, needs-based cash flow supported by fundamentally strong market drivers, including a large and expanding senior population, established surrounding neighborhoods, and immediate access to major hospitals, medical corridors, and daily amenities. Its smaller-format, luxury model supports premium rate potential, efficient staffing ratios, and alignment with the ongoing shift toward higher-quality, personalized care settings.
For institutional investors, the offering provides stable, long-term income with inflation-resistant characteristics, combined with the advantages of new construction and limited near-term capital expenditure requirements. The infill Central Phoenix location—where zoning, entitlement, and development barriers remain significant—further supports long-term occupancy stability and rent growth.
Ownership is offering flexible acquisition structures to meet a variety of investment objectives. In addition to a traditional fee-simple purchase, the seller is open to a sale-leaseback, creating an immediately stabilized investment profile. Under this structure, the operator would remain in place under a 5-year absolute NNN lease, providing passive income with minimal landlord responsibility and enhanced cash flow certainty. The lease is targeted at an approximate 10.0% cap rate, delivering an attractive yield relative to comparable healthcare investments, while maintaining the same pricing as the operational or vacant acquisition scenario.
This dual-path structure allows institutional buyers to either (i) acquire a stabilized, income-producing asset with in-place operations, or (ii) pursue a more direct ownership and operational approach—positioning the investment for both current yield and long-term appreciation within a resilient, needs-driven asset class.