Single Tenant Net Leased Investment

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    Sold $1,242,707
    Office
    Description

    Just Sold: Net Leased Office/Medical Condo Trades at Higley Park Commons | Gilbert

    Office Sold - Gilbert Arizona

    OFFERING SUMMARY

     

    • 1485 S Higley Rd, Gilbert, AZ 85296
    • Property Name:  Higley Park Commons
    • Class B Medical Office 
    • Sale Price $1,242,707
    • Cap Rate 5.25% 
    • $397.27 PSF 
    • Square Fee: 3,128
    • Property Type: Medical/Office Condo
    • Type:  Investment
    • Zoning: SC
    • Parcel #: 304-28-781
    • Parking Ratio:  5.0/1,000 SF

    ICRE Investment team is proud to have exclusively represented the Seller in this Single Tenant Triple Net Leased Investment.  This single tenant medical condo investment in the thriving Gilbert submarket. Located just south of the 202 FWY NEC Higley Road & Ray Road.  The condo resides next to the Epicenter At Agritopia new high-end  50,000 SF mixed-use community and retail  development.​ The Tenant is a National Primary Care Physician with over 200 clinics nationwide across 9 markets and $4 billion assets under management. 


    BROKER INFORMATION

    Michael Douglas
    (480) 977-2935
    michael.douglas@orionprop.com


     



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