Medical Building Trades for $1.78M – ICRE Investment Team Closes at $298 PSF in Mesa, AZ

Medical Building Trades for $1.78M – ICRE Investment Team Closes at $298 PSF in Mesa, AZ

5252 E Main St. Mesa Arizona The ICRE Investment Team proudly represented the Buyer in the acquisition of a 6,000-square-foot freestanding medical building located at 5252 E Main Street, Mesa, AZ. This prime property, situated on a 1.4-acre lot with 120 parking spaces, offers exceptional visibility with 250 feet of Main Street frontage and proximity to major medical hubs like Banner Baywood Medical Center and Banner Gateway Hospital. The property sold for $1,788,000, equating to $298 per square foot. Closing on January 17, 2025, this transaction underscores the team’s expertise in securing strategic medical real estate investments tailored to client needs.