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20325 N 51st Ave - Bldg J 3,339 SF Office Condo Unit Offered at $1,927,262 CAD in Glendale, AZ 85308
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 206-29-037, 206-29-038 |
| Cap Rate | 6.25% |
| Sale Type | Investment |
| Cap Rate | 6.25% |
| APN/Parcel ID | 206-29-037, 206-29-038 |
Description
SVN is pleased to present to the market this absolute NNN single tenant investment opportunity. The property is secured by Advanced Pain Management under a long term, absolute NNN lease through January 2035 with zero Landlord responsibilities and 3% annual rent increases. The offering provides investors the opportunity to acquire four Advanced Pain Management locations, individually or as a portfolio, each subject to the same lease terms.
Advanced Pain Management is an established Arizona healthcare provider with more than 15 years of experience and approximately 8 locations throughout Greater Phoenix and Tucson. The practice provides a broad range of specialized treatments for acute and chronic pain. Its long operating history, multi-location platform, specialized service offering, and strong patient reputation have helped establish Advanced Pain Management as a recognized provider within the Arizona healthcare market.
The combination of an established medical tenant, strategically located facilities, long-term contractual occupancy, and minimal landlord responsibilities creates an attractive investment opportunity for buyers seeking predictable income backed by an experienced Arizona healthcare operator.
Advanced Pain Management is an established Arizona healthcare provider with more than 15 years of experience and approximately 8 locations throughout Greater Phoenix and Tucson. The practice provides a broad range of specialized treatments for acute and chronic pain. Its long operating history, multi-location platform, specialized service offering, and strong patient reputation have helped establish Advanced Pain Management as a recognized provider within the Arizona healthcare market.
The combination of an established medical tenant, strategically located facilities, long-term contractual occupancy, and minimal landlord responsibilities creates an attractive investment opportunity for buyers seeking predictable income backed by an experienced Arizona healthcare operator.
Sale Notes
Single medical tenant investment opportunity with an absolute NNN lease in place.
Zero Landlord Responsibilities.
Long term lease through January 2035.
3% annual rent increases.
Well established medical practice with over 15 years in operation and 8 locations throughout Greater Phoenix and Tucson.
Desirable locations throughout the valley.
4 locations being offered individually or as a portfolio.
Zero Landlord Responsibilities.
Long term lease through January 2035.
3% annual rent increases.
Well established medical practice with over 15 years in operation and 8 locations throughout Greater Phoenix and Tucson.
Desirable locations throughout the valley.
4 locations being offered individually or as a portfolio.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 160 | 3,339 SF | Office | $1,927,262 CAD ($577.20 CAD/SF) | $120,412.26 CAD |
Unit 160
| Unit Size |
| 3,339 SF |
| Condo Use |
| Office |
| Price |
| $1,927,262 CAD ($577.20 CAD/SF) |
| NOI |
| $120,412.26 CAD |
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Unit 160
| Unit Size | 3,339 SF |
| Condo Use | Office |
| Price | $1,927,262 CAD ($577.20 CAD/SF) |
| NOI | $120,412.26 CAD |
| Sale Type | Investment |
| Cap Rate | 6.25% |
| APN/Parcel ID | 206-29-037, 206-29-038 |
| Description | |
|
SVN is pleased to present to the market this absolute NNN single tenant investment opportunity. The property is secured by Advanced Pain Management under a long term, absolute NNN lease through January 2035 with zero Landlord responsibilities and 3% annual rent increases. The offering provides investors the opportunity to acquire four Advanced Pain Management locations, individually or as a portfolio, each subject to the same lease terms. Advanced Pain Management is an established Arizona healthcare provider with more than 15 years of experience and approximately 8 locations throughout Greater Phoenix and Tucson. The practice provides a broad range of specialized treatments for acute and chronic pain. Its long operating history, multi-location platform, specialized service offering, and strong patient reputation have helped establish Advanced Pain Management as a recognized provider within the Arizona healthcare market. The combination of an established medical tenant, strategically located facilities, long-term contractual occupancy, and minimal landlord responsibilities creates an attractive investment opportunity for buyers seeking predictable income backed by an experienced Arizona healthcare operator. |
|
| Sale Notes | |
|
Single medical tenant investment opportunity with an absolute NNN lease in place. Zero Landlord Responsibilities. Long term lease through January 2035. 3% annual rent increases. Well established medical practice with over 15 years in operation and 8 locations throughout Greater Phoenix and Tucson. Desirable locations throughout the valley. 4 locations being offered individually or as a portfolio. |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 6,640 SF | Typical Floor Size | 6,640 SF |
| Property Type | Year Built | 2006 | |
| Building Class | B | Parking Ratio | 4.82/1,000 SF |
| Floors | 1 | ||
| Zoning | C/O-M/O | ||
| Total Building Size | 6,640 SF |
| Property Type | |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 6,640 SF |
| Year Built | 2006 |
| Parking Ratio | 4.82/1,000 SF |
| Zoning | C/O-M/O |
Amenities
- Kitchen
- Reception
- Central Heating
- Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
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20325 N 51st Ave - Bldg J
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