Former Urgent Care Center-Free Standing Build 1804 W Elliot Rd 3,700 SF Office Building Tempe, AZ 85284 $1,832,554 CAD ($495.28 CAD/SF) 6.91% Cap Rate

Formerly occupied by HonorHealth Urgent Care, this fully improved ±3,700 SF freestanding building presents a rare near-term owner-user opportunity. Positioned on a 0.69-acre parcel at the signalized intersection of W. Elliott Rd and S. Harl Ave/Autoplex Loop, just off the I-10 (Maricopa Freeway) at the Elliot exit.
Designed for medical use, the building is fully built out and adaptable for a variety of uses, including medical, general office, or retail, making it an ideal fit for a wide range of owner-users seeking a high-profile location. Surrounded by major national retailers including Starbucks, Chipotle, Whataburger, Savers, Circle K, McDonald's and Coca-Cola, generating exceptional daily traffic. Ideal for medical practices, dental, veterinary, professional office, specialty retail, or investors seeking future occupancy.
The property is currently leased to HonorHealth on a triple net (NNN) basis through May 2027, with approximately 1.1 years remaining. The tenant has indicated no intention to renew, allowing for near-term occupancy with minimal downtime and capital investment.
The property is immediately surrounded by high-traffic retailers including Whataburger and Savers, along with a strong concentration of nearby auto dealerships and service businesses, creating a highly active commercial corridor with consistent daily traffic and excellent consumer draw.