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Community Medical Services 10689 N 99th Ave 3,114 SF Office Building Peoria, AZ 85345 $1,480,768 CAD ($475.52 CAD/SF) 7% Cap Rate
Investment Highlights
- • Lease Extension Signed and Commencing June 1, 2026 ? Five Year Extended Term Expiring May 31, 2031
- • Strong Historical Occupancy and Commitment from Tenant ? Tenant has Occupied for 10 Years and has Signed Commitment for Another 5 Years
- • Accessible Location on N 99th Avenue with Ample Parking ? Average Daily Traffic Counts Exceeding 15,000 VPD
- • Triple Net Lease with Limited Landlord Responsibilities ? LL Only Responsible for Roof Repair Over $2,500 Annually
- • Growing Industry and Growing Tenant ? Community Health Centers has More Than 70 clinics Across Multiple States
- • Dense and Growing Population in Immediate Area ? Over 1.2 Million People in 10 Mile Radius with Projection for 3.4% Growth by 2030
Executive Summary
• Lease Extension Signed and Commencing June 1, 2026
? Five Year Extended Term Expiring May 31, 2031
• 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 10 Years and has Signed Commitment for Another 5 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 N 99th Avenue with Ample Parking
? Average Daily Traffic Counts Exceeding 15,000 VPD
• Dense and Growing Population in Immediate Area
? Over 1.2 Million People in 10 Mile Radius with Projection for 3.4% Growth by 2030
? Five Year Extended Term Expiring May 31, 2031
• 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 10 Years and has Signed Commitment for Another 5 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 N 99th Avenue with Ample Parking
? Average Daily Traffic Counts Exceeding 15,000 VPD
• Dense and Growing Population in Immediate Area
? Over 1.2 Million People in 10 Mile Radius with Projection for 3.4% Growth by 2030
Data Room Click Here to Access
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
3,114 SF
Building Class
B
Year Built
1976
Price
$1,480,768 CAD
Price Per SF
$475.52 CAD
Cap Rate
7%
NOI
$103,654 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,114 SF
Building FAR
0.10
Lot Size
0.69 AC
Zoning
C-2, Peoria
Parking
38 Spaces (12.2 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Property Taxes
| Parcel Number | 142-52-005R | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $88,822 CAD |
Property Taxes
Parcel Number
142-52-005R
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$88,822 CAD
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Community Medical Services | 10689 N 99th Ave
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