CHALLENGE
Palm Valley Pediatric, a well-established pediatric dental group serving the West Valley, was ready to expand into the East Valley to meet growing patient demand.
However, finding the right freestanding PAD building in a high-growth East Valley corridor proved difficult. Suitable medical-conversion opportunities rarely become available, especially in family-dense neighborhoods ideal for pediatric users.
The group needed:
- A single-tenant, freestanding building
- Prime visibility along a major arterial
- A site conducive to pediatric dental conversion
- Long-term stability within a strong demographic base
Michael had met Adrian, Founder of Palm Valley Pediatric, years earlier during cold call outreach and maintained a long-standing professional relationship. When Adrian decided to expand, he reached out to Michael to help secure the right location.
ACTION
Through Michael’s ongoing relationship with Parkway Bank—where he assisted with strategic disposition of key branch locations—he knew 920 E Riggs Rd in Chandler was approaching the market as a future branch closure.
Recognizing the building’s perfect fit for pediatric dental use, Michael moved quickly:
- Identified the site off-market before public exposure
- Conducted early evaluation of the building’s suitability for pediatric conversion
- Presented the opportunity directly to Palm Valley Pediatric
- Coordinated due diligence access and timing
- Negotiated the transaction with Parkway Bank while aligning it with the buyer’s operational goals
The property featured:
- 3,912 SF freestanding PAD building
- Built in 2008
- Strong visibility on Riggs Rd
- Off-market availability
- Ideal layout for medical conversion
This proactive strategy created a win-win: supporting Parkway Bank’s consolidation goals while delivering a rare East Valley opportunity for Palm Valley Pediatric.
RESULT
Palm Valley Pediatric successfully acquired the property off-market for $1,479,200 ($378 PSF) on June 15, 2023.
The location strengthened their presence across Greater Phoenix and positioned the group for long-term success within one of Chandler’s most desirable, family-oriented corridors. The building is now being converted into a pediatric dental practice to serve East Valley families.
CLIENT TESTIMONIAL
“You are a great family man… husband and father to all your children along with your deep market knowledge and strategic approach delivered exceptional results… I look forward to our future deal!”
– Adrian Dolghier, Palm Valley Pediatric
