202 E EARLL DR UNIT 360 - 7% CAP Investment Opportunity

For Sale

202 E Earll Dr, Phoenix, AZ 85012

This Phoenix property for sale is located at 202 E Earll Dr. The current listed sale price for 202 E EARLL DR UNIT 360 - 7% CAP Investment Opportunity is $5,050,000. 202 E EARLL DR UNIT 360 - 7% CAP Investment Opportunity is situated on a lot that is 0.27 acre in size.

Contacts

Sarah Fortin

Bellagio Plaza

Property Manager

Property Details

  • Property Type Office
  • Property Size 11,782 SF
  • Lot Size 0.27 Acre
  • Cap Rate % 7
  • Year Built 1986
  • Date Updated Jul 13, 2026

10-YEAR CORPORATE-GUARANTEED CASH FLOW AT A 7% CAP RATE

Property Type: Medical Office

Sale Price: $5,050,000

Suite Size: ±11,782 SF

Zoning: R-5

Parcel: 118-34-643

 

Call now: 480-323-6072 to schedule your FREE, no-obligation tour and see it in person!

 

This is a rare opportunity to acquire a high-quality medical office suite located in a highly accessible and amenity-rich area.​ Suite 360 offers ±11,782 SF of fully built-out medical space, currently occupied by a stable, well-established local multispecialty practice with 12 locations across Arizona.​ This 10-year NNN lease provides long-term, passive income with minimal landlord responsibilities.​

Investment Highlights:

 

  • ​7% CAP Rate | 10-Year NNN Lease
  • Experienced Tenant: Large, multispecialty practice with strong local presence
  • Licensed Outpatient Cath Labs with Recovery Areas
  • No Comparable Medical Condo Inventory in the Downtown Core
  • Zoned R-5 – Ideal for Medical Use

Property Features:

 

  • 32 Wet Exam Rooms
  • Outdoor Balconies for staff and patient comfort
  • Parking Garage + Surface Parking available
  • Building & Monument Signage opportunities
  • Easy Access to Light Rail, SR-51, Loop 101, and Loop 202
  • Surrounded by Desirable Retail Amenities
  • Close Proximity to Multiple Major Hospitals

 

This offering represents a turn-key, income-producing asset in a high-demand medical corridor, ideal for investors seeking long-term stability and solid market fundamentals.​

 

📞 Call 480-323-6072 today to learn more!

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Getting around

  • 73/100

    Walk Score ®

  • 56/100

    Transit Score ®

  • 60/100

    Bike Score ®

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Location

  • City Phoenix, AZ
  • Neighborhood Encanto Village
  • Zip Code 85012
  • Market Phoenix

Points of Interest

  • Osborn/ Central Ave

    0.23 miles

  • Thomas/ Central Ave

    0.25 miles

  • Encanto/ Central Ave

    0.74 miles

  • Indian School/ Central Ave

    0.82 miles

  • Campbell/ Central Ave

    1.20 miles

  • SRB Limo LLC

    1.33 miles

  • McDowell/ Central Ave

    1.35 miles

  • Central Ave/ Camelback

    1.71 miles

  • Roosevelt/Central

    1.73 miles

  • 7th Ave/ Camelback

    1.87 miles

  • Blink

    0.21 miles

  • Circle K

    0.24 miles

  • Mobil

    0.32 miles

  • ChargePoint

    0.60 miles

  • Chevron

    0.71 miles

  • QuickTrip

    0.85 miles

  • Arco

    1.35 miles

  • 76

    1.39 miles

  • Third Avenue Garage

    0.38 miles

  • 5th Avenue Garage

    0.59 miles

  • Park on Central Parking Garage

    0.60 miles

  • 4041 Central Plaza Garage

    0.66 miles

  • Parc Midtown

    0.78 miles

  • Lot D

    0.85 miles

  • Phoenix College North Lot

    0.97 miles

  • Lot B

    0.99 miles

  • Lot C

    1.01 miles

  • Church Parking

    1.06 miles

  • Embassy Suites

    0.24 miles

  • Hampton Inn Phoenix-Midtown-Downtown Area

    0.37 miles

  • Extended Stay America - Phoenix - Midtown

    0.38 miles

  • Ramada Phoenix Midtown

    0.42 miles

  • Wyndham Garden Phoenix Midtown

    0.44 miles

  • Fairfield Inn & Suites Phoenix Midtown

    0.59 miles

  • Hilton Garden Inn Phoenix Midtown

    0.63 miles

  • The Clarendon Hotel and Spa

    0.67 miles

  • Budget Suites of America

    0.89 miles

  • Holiday Inn Phoenix-Midtown

    1.08 miles

  • Safeway

    0.67 miles

  • Sprouts Farmers Market

    0.77 miles

  • Natural Grocers

    0.99 miles

  • Latino Market

    1.35 miles

  • Marvel on McDowell

    1.72 miles

  • Phoenix General

    1.75 miles

  • AJ's

    1.79 miles

  • Yenat Enjera Ethiopian Market & Grocery

    1.81 miles

  • Fry's Food and Drug

    2.04 miles

  • Target

    2.16 miles

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