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6502-6564 E Carondelet Dr - San Rafael Medical Center 2,112 SF Office/Medical Condo Unit Offered at $1,002,893 CAD in Tucson, AZ 85710
Investment Highlights
- Absolute NNN lease structure
- Long-term lease through January 2035
- Established medical tenant in operation for over 15 years
- Zero landlord responsibilities
- 3% annual rent increases
- Strategically positioned within an established medical corridor
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 6.25% |
| Sale Type | Investment |
| Cap Rate | 6.25% |
Description
An absolute NNN single tenant medical office condo occupied by Advanced Pain Management under a long-term lease through January 2035. The 2,112 SF unit features 3% annual rent increases and zero landlord responsibilities.
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 and Tucson
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 and Tucson
4 locations being offered individually or as a portfolio.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Bldg. G | 2,112 SF | Office/Medical | $1,002,893 CAD ($474.85 CAD/SF) | $62,655.89 CAD |
Unit Bldg. G
| Unit Size |
| 2,112 SF |
| Condo Use |
| Office/Medical |
| Price |
| $1,002,893 CAD ($474.85 CAD/SF) |
| NOI |
| $62,655.89 CAD |
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Unit Bldg. G
| Unit Size | 2,112 SF |
| Condo Use | Office/Medical |
| Price | $1,002,893 CAD ($474.85 CAD/SF) |
| NOI | $62,655.89 CAD |
| Sale Type | Investment |
| Cap Rate | 6.25% |
| Description | |
| An absolute NNN single tenant medical office condo occupied by Advanced Pain Management under a long-term lease through January 2035. The 2,112 SF unit features 3% annual rent increases and zero landlord responsibilities. | |
| 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 and Tucson 4 locations being offered individually or as a portfolio. |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 68,581 SF | Typical Floor Size | 68,581 SF |
| Property Type | Office (Condo) | Year Built | 1977 |
| Property Subtype | Medical | Tenancy | Single |
| Building Class | C | Lot Size | 2.60 AC |
| Floors | 1 | Parking Ratio | 4.65/1,000 SF |
| Zoning | O-3 - O-3; Office | ||
| Total Building Size | 68,581 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 68,581 SF |
| Year Built | 1977 |
| Tenancy | Single |
| Lot Size | 2.60 AC |
| Parking Ratio | 4.65/1,000 SF |
| Zoning | O-3 - O-3; Office |
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
20/100
Fairly bikeable
50/100
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6502-6564 E Carondelet Dr - San Rafael Medical Center
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