This Property is no longer advertised on Showcase.com.
Off Market
1/5

20325 N 51st Ave
Glendale, AZ 85308


HIGHLIGHTS

  • ST NNN Investment Opportunity
  • Brand New 5 Year Lease w/ 3% Annual Increases
  • Strong Tenant Operating Since 2007
  • Part of a 7 Property Portfolio Available Together or Separate
  • Well Located Offices Throughout the Phoenix and Tucson Markets

OVERVIEW

SVN is pleased to present to the market this NNN investment opportunity located in Glendale, AZ. The property consists of a 3,339 SF office condo currently occupied by Advanced Pain Management. While the tenant has operated out of this location for many years, they recently executed a brand new lease commencing in August 2024 and continuing through July 2029 with three percent (3%) annual increases. The lease is a true NNN lease in which the tenant reimburses the Landlord for expenses and is responsible for all repairs including HVAC repairs and/or replacement. The common areas are managed by an association. This offering is part of a larger portfolio of seven properties for sale that can be purchased together or separate.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Bldg H

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

6009

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.03 AC AC

LAND SF

1,307 SF

ZONING

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APN/PARCEL ID

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