Village Medical Urgent Care | 7445 W Bell Rd
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Village Medical Urgent Care 7445 W Bell Rd
8,208 SF Office Building Peoria, AZ 85382 £3,972,546 (£484/SF) 7.15% Net Initial Yield
Investment Highlights
- Brand New 10-Year Triple-Net (NNN) Lease with Corporate Guaranty
- Across from Arrowhead Towne Center - 170+ Brands, Restaurants, and Anchored - the #1 Highest Volume Regional Mall in Arizona
- 313,090 Residents within a Five-Mile Radius - Growing Peoria Trade Area in the Phoenix MSA
- Strong Lease Guarantor - Over 190 Locations and Growing
- 10 Percent Rental Increases Every Five Years
- Subject Property Includes 15 Exam Rooms
Executive Summary
VillageMD is committed to offering high-quality, accessible primary care options for communities across the country through Village Medical. VillageMD partners with physicians to provide the tools, technology, operations, staffing support and industry relationships to deliver high-quality clinical care and better patient outcomes, while reducing the total cost of care.
Located about 30 minutes northwest of downtown Phoenix, Peoria began as a humble agricultural community and has blossomed into a rapidly-growing modern city that offers a high quality of living in the natural beauty of the Sonoran Desert. The city has an estimated population of 175,961 people.
Located about 30 minutes northwest of downtown Phoenix, Peoria began as a humble agricultural community and has blossomed into a rapidly-growing modern city that offers a high quality of living in the natural beauty of the Sonoran Desert. The city has an estimated population of 175,961 people.
Property Facts Under Contract
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
8,208 SF
Building Class
B
Year Built/Renovated
1999/2023
Price
£3,972,546
Price Per SF
£484
Net Initial Yield
7.15%
NOI
£284,090
Tenancy
Single
Number of Floors
1
Typical Floor Size
8,094 SF
Building FAR
0.25
Lot Size
0.74 AC
Zoning
C-2, Peoria - Commercial
Amenities
- Bus Route
- Partitioned Offices
Bike Score ®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 200-52-970 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £236,342 |
PROPERTY TAXES
Parcel Number
200-52-970
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£236,342
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Village Medical Urgent Care | 7445 W Bell Rd
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