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3592 S Atherton Blvd - Santan Ranch Medical Condos

3,124 SF Office/Medical Unit Offered at £946,800 in Gilbert, AZ 85297

Executive Summary

SVN Desert Commercial Advisors is pleased to present 3592 S Atherton Blvd #110 for sale. This medical office is currently operated by the owner looking to do a sale-leaseback of 7 years, at market rents, with 3% annual increases. Operating as an advanced physical therapy business for the past 17 years at this location, they have built a strong client base and continue to add new customers each month. This property offers several private offices, a welcoming reception area, a large fitness/recovery room, and in-suite restrooms.

Property Facts

Price £946,800
Unit Size 3,124 SF
No. Units 1
Total Building Size 15,115 SF
Property Type Office (Unit)
Property Subtype Medical
Sale Type Investment NNN
Building Class B
Number of Floors 1
Typical Floor Size 15,115 SF
Year Built 2006
Lot Size 1.51 AC

1 Unit Available

Unit 110

Unit Size 3,124 SF
Price £946,800
Price Per SF £303.07
Unit Use Office/Medical
Sale Type Investment
Net Initial Yield 6.25%
NOI £59,175.00
APN/Parcel ID 304-51-977

Amenities

  • Air Conditioning

zoning

Zoning Code NC, Gilbert
NC, Gilbert
  • Listing ID: 33435587

  • Date on Market: 07/10/2024

  • Last Updated:

  • Address: 3592 S Atherton Blvd, Gilbert, AZ 85297

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