| For Sale
| 17,608 sqft
Marcus & Millichap is proud to present a free-standing ambulatory surgery center located in Phoenix, Arizona. The medical office has a
total of approximately 17,608 SF. The property is one-story construction buildings that was completed in 2006. The building is 100% occupied by North Valley Orthopedic Surgery LLC, which is 55% owned by AmSurg Corporation, a publicly traded surgery center operator
(NASDAQ: AMSG) and the corportation has corporately guaranteed the lease. The lease is in place until 2026. This is an excellent
opportunity for an investor to acquire a NNN medical office center and benefit from the ease of management and stability of medical tenants.
The property has another 14 years remaining subject to annual CPI increases every August. The property was built to suit with extensive
interior medical build out including four operating procedure rooms.
The property is well located in the Phoenix MSA on the north side of town with easy to Highway 101 and Interstate 17. The property is also
proximate to five hospitals in the area, which are Paradise Valley Hospital, John C. Lincoln Hospital-Deer Valley, John C. Lincoln Hospital-North Mountain, Banner Thunderbird Medical Center and Scottsdale Healthcare.
Price Per Sqft: $566.50
Listing ID: 259700