Office for Sale in Peoria, AZ
- Price: Contact for price
- Listing type: For sale
- Asset type: Office
- Location: Peoria, AZ 85345
- Year built: 1976
Description
Lease Extension Signed and Commencing June 1, 2026 Five Year Extended Term Expiring May 31, 2031 Triple Net Lease with Limited Landlord Responsibilities LL Only Responsible for Roof Repair Over $2,500 Annually Strong Historical Occupancy and Commitment from Tenant Tenant has Occupied for 10 Years and has Signed Commitment for Another 5 Years Backyard Location for Tenant in Home Market Community Health Centers is Headquartered in Phoenix, Arizona Growing Industry and Growing Tenant Community Health Centers has More Than 70 clinics Across Multiple States Feeder Location for Country’s First 24-hour Opioid Treatment on Demand (OTOD) Center Located in Phoenix, Arizona Accessible Location on N 99th Avenue with Ample Parking Average Daily Traffic Counts Exceeding 15,000 VPD Dense and Growing Population in Immediate Area Over 1.2 Million People in 10 Mile Radius with Projection for 3.4% Growth by 2030 Investment Highlights: • Lease Extension Signed and Commencing June 1, 2026 Five Year Extended Term Expiring May 31, 2031 • Triple Net Lease with Limited Landlord Responsibilities LL Only Responsible for Roof Repair Over $2,500 Annually • Strong Historical Occupancy and Commitment from Tenant Tenant has Occupied for 10 Years and has Signed Commitment for Another 5 Years • Backyard Location for Tenant in Home Market Community Health Centers is Headquartered in Phoenix, Arizona • Growing Industry and Growing Tenant Community Health Centers has More Than 70 clinics Across Multiple States Feeder Location for Country's First 24-hour Opioid Treatment on Demand (OTOD) Center Located in Phoenix, Arizona • Accessible Location on N 99th Avenue with Ample Parking Average Daily Traffic Counts Exceeding 15,000 VPD • Dense and Growing Population in Immediate Area Over 1.2 Million People in 10 Mile Radius with Projection for 3.4% Growth by 2030
Market Context
This office in Peoria, AZ is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing office assets. The building dates to 1976. It has been on the market for 68 days. Compare it against other office listings for sale in Peoria, AZ — <a href="/search/sale/office/arizona/peoria">view the full market</a>.
Contact
- Spencer Koch · (407) 557-3848 · spencer.koch@marcusmillichap.com
- Christopher Biuso · (407) 557-3841 · christopher.biuso@marcusmillichap.com
- Ryan Sarbinoff · (602) 687-6700
- Garrett Fierstein · (407) 557-3862 · garrett.fierstein@marcusmillichap.com
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