Share This Listing

Message

951 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Bldg 2 840 E McKellips Rd 5,596 SF 100% Leased Office Building Mesa, AZ 85203 $2,285,000 ($408.33/SF) 6% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • 4-PROPERTY STNL MEDICAL INVESTMENT
  • 10-YEAR LEASES IN PLACE

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

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Office
Building Size
5,596 SF
Building Class
B
Year Built
2003
Price
$2,285,000
Price Per SF
$408.33
Cap Rate
6%
NOI
$137,102
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,596 SF
Building FAR
0.99
Lot Size
0.13 AC
Zoning
C-2, Mesa
Parking
20 Spaces (3.57 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
136-08-100
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$86,657
  • Listing ID: 38029724

  • Date on Market: 10/10/2025

  • Last Updated:

  • Address: 840 E McKellips Rd, Mesa, AZ 85203

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}