Contacts

Bryan Webb

CP Partners

(415) 274-2717

Property Details

Property Type Office - Medical Office
Property Size 42,067 SF
Lot Size 6 Acre
Property Tenancy Single Tenant
Building Class B
Year Built 2005
Year Renovated 2018
Date Updated Apr 26, 2024

`An independent outpatient medical imaging provider with 9+ years remaining, absolute NNN lease structure with 3%+ annual increases, and management reimbursement. Located in Phoenix’s West Valley directly across the street from Banner Estrella Medical and Surgery Center, a major medical campus providing healthcare services to approximately 400,000 residents in a 5-mile radius.

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Highlights

9+ years remaining on an absolute NNN lease with 3% annual increases throughout initial term and options hedge investment against inflation
Mission critical to SimonMed’s Arizona operation, housing all HIPPAA required hard file data storage for all Arizona facilities, as well as the main call center for all four service lines
The only SimonMed location in Arizona with warehouse space for repairs and maintenance of imaging equipment
The subject property has been visited 60K times in the last twelve months (Placer.ai)
The subject property has a 6 acre parcel which allows for additional development for a drivethrough concept on a ground lease build to suit, contact broker for more details
Strategically positioned directly across the street from Banner Estrella Hospital & Medical Center, 24 Hour ER & Level IV Trauma Center

Attachments

SimonMed_PhoenixAZ.pdf (PDF) opens in new window

Getting around

40/100
Walk Score ®
38/100
Transit Score ®
59/100
Bike Score ®

Powered by Walk Score ®

City Phoenix, AZ
Neighborhood Maryvale
Zip Code 85037
Market Phoenix

Points of Interest

Bumstead

8.87 miles
19th Ave/ Camelback

9.18 miles
19th Ave/ Montebello

9.34 miles
Glendale/ 19th Ave

9.77 miles

Chevron

0.09 miles
Circle K

0.90 miles
Shell

0.95 miles
QuikTrip

1.13 miles
Sam's Club

1.14 miles
Circle K

1.28 miles
QuikTrip

1.33 miles
Chevron

1.41 miles
Mobil

1.42 miles
Circle K

1.42 miles

Secondary Parking Lot

2.08 miles
tractor trailer parking

2.97 miles
tractor trailer parking

3.00 miles
Green F Field Oversized Carpark

3.19 miles
Green East General Carkpark

3.29 miles
Orange General West Carpark

3.30 miles
Avondale Park and Ride

3.32 miles
Orange West General Carpark

3.45 miles
Grey East Preferred Express Carpark

3.53 miles
Red West Preferred Carpark

3.55 miles

Fairfield Inn & Suites Phoenix West/Tolleson

0.98 miles
Holiday Inn Express

1.16 miles
Comfort Suites

2.39 miles
Homewood Suites by Hilton Phoenix-Avondale

3.22 miles
Residence Inn Phoenix West/Avondale

3.26 miles
Hilton Garden Inn Phoenix/Avondale

3.26 miles
My Place Hotel Phoenix West/Avondale, AZ

3.43 miles
Holiday Inn

3.44 miles
Home2 Suites by Hilton Phoenix Glendale-Westgate

3.74 miles
Hampton

3.75 miles

Food City

0.19 miles
Fry's Food and Drug

1.29 miles
Burlington

1.54 miles
Desert Sky Mall

1.65 miles
Dillard's

1.69 miles
Sears

1.79 miles
Walmart Supercenter

1.84 miles
El Super

1.86 miles
Ross

1.89 miles
Big Lots

1.90 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.