3035 S Ellsworth Rd - Medical CONDO FOR SALE


Mesa, AZ 85212
$908,599 USD
480-220-2674
3035 S Ellsworth Rd, Mesa, AZ for Sale
$908,599 USD
Medical CONDO - FOR SALE
1/13
null | 6.5% Cap Rate

3035 S Ellsworth Rd
Mesa, AZ 85212


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 Mesa, AZ. The property consists of a 2,061 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 separately.

FOR SALE DETAILS

PRICE

$908,599 USD

PRICE/SF

$441 USD /SF

CAP RATE

6.5%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bldg 5

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

4,401 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,401 SF

ZONING

-

APN/PARCEL ID

304-02-862,304-02-863,304-02-864,304-02-865

ASK ABOUT THIS PROPERTY

Justin HorwitzSVN | Desert Commercial AdvisorsMore Info
480-220-2674

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Justin HorwitzSVN | Desert Commercial AdvisorsMore Info
480-220-2674

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.