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| Price $3,308,450 | Built/Renov 2007 | Tenant Phoenix Neurology |
| Cap Rate 7.00% | Lease Type
Abs NNN | Guarantor |
| Size/SF
8,756
| Lease Start
12-01-2020
| #Units
1
|
| Price/SF $377.85 | Expiration
11-30-2030
| Tenant Type Medical/Health |
| NOI $231,591 | R. Term 5.1 | Ownership Fee Simple |
| Rent/SF
$26.45
| Increases 3.0%/1/yrs | Pop 5Mi 215,742 |
| Lot/AC 0.25 | Options 0/0yrs | AHHI 5Mi $118,776 |
| | |
Phoenix Neurology is strategically positioned near the intersection of N Litchfield Rd and W Thomas Rd, benefiting from excellent visibility and accessibility with a combined daily traffic count of 33,640 vehicles. The property is located within the expansive 2,500-acre Goodyear Medical Corridor, anchored by Abrazo West Campus—a 200-bed Level I Trauma Center that serves more than 55,000...
...Strategically located
Freeway close
Strong tenant synergy
Top 100 MSA
Strong demographics
Population increase trend
Absolute NNN
Annual rent increases
Personal guarantee
Phoenix Neurology & Sleep Medicine is a specialized medical practice offering comprehensive care in neurology and sleep medicine. The practice focuses on diagnosing and treating a wide range of...
| 1 Miles | 3 Miles | 5 Miles | |
| 2030 Total Population : | 12,655 | 100,096 | 245,612 |
| 2025 Total Population : | 12,048 | 93,285 | 223,614 |
| 2025 Employed Civilian Pop : | 5,870 | 46,802 | 110,554 |
| 2025 Total Businesses : | 416 | 2,493 | 3,986 |
| 2025 Average Household Income : | $ 155,175 | $ 130,232 | $ 119,737 |
| 2025 Total Consumer Spending : | $ 553 M | $ 3750 M | $ 7617 M |
| 2025 Median Age : | 40 | 38 | 35 |
| 2025 Total Households : | 4,198 | 33,436 | 73,601 |
| 2025 Pop Age 25+: Bachelor's Degree : | 2,299 | 13,299 | 28,602 |
| 2025 Average Home Value : | $ 563,351 | $ 545,100 | $ 497,567 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| North Litchfield Road | W Avalon Dr | 2018 | 23,428 | 0.11 mi |
| W Thomas Rd | N 140th Ave | 2008 | 3,225 | 0.12 mi |
| N Litchfield Rd | Avalon Dr | 2015 | 22,700 | 0.14 mi |
| W Thomas Rd | Litchfield Rd Byp | 2013 | 9,440 | 0.23 mi |
| North Litchfield Road | Roosevelt Irrigation District Csr | 2018 | 26,407 | 0.31 mi |
| N Litchfield Rd | West Virginia Ave | 2008 | 20,976 | 0.37 mi |
| W Thomas Rd | N 136th Ave | 2014 | 8,066 | 0.46 mi |
| W Fillmore | W Indian School Rd | 2013 | 16,840 | 0.48 mi |
| W Palm Valley Blvd | N 136th Dr | 2008 | 2,179 | 0.52 mi |
| Indian School Rd Byp | Litchfield Rd | 2014 | 18,920 | 0.54 mi |
Champaign, IL
Cap Rate 6.75%
Lease Double NN
R. Term 9.10 yrs
Size/SF 15,486
Lewiston, NY
Cap Rate 6.25%
Lease NN+
R. Term 9.00 yrs
Size/SF 4,250
McKinney, TX
Cap Rate 6.25%
Lease Double NN
R. Term 9.00 yrs
Size/SF 3,530
Mountain Home, AR
Cap Rate 7.27%
Lease NN+
R. Term 14.90 yrs
Size/SF 2,820
La Porte, IN
Cap Rate 6.35%
Lease NN+
R. Term 14.60 yrs
Size/SF 3,726
Chicago, IL
Cap Rate 7.00%
Lease Double NN
R. Term 7.50 yrs
Size/SF 7,907
Mobile, AL
Cap Rate 6.55%
Lease NN+
R. Term 13.90 yrs
Size/SF 3,726
Lufkin, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 8,000
Blue Ridge, GA
Cap Rate 7.25%
Lease Abs NNN
R. Term 13.11 yrs
Size/SF 3,767
Baton Rouge, LA
Cap Rate 6.40%
Lease Abs NNN
R. Term 12.60 yrs
Size/SF 10,043
Paris, KY
Cap Rate 6.55%
Lease NN+
R. Term 14.40 yrs
Size/SF 3,726
Montclair, NJ
Cap Rate 6.18%
Lease Abs NNN
R. Term 3.11 yrs
Size/SF 8,400
Washington, MO
Cap Rate 6.65%
Lease NN+
R. Term 13.70 yrs
Size/SF 5,000
Baltimore, MD
Cap Rate 7.00%
Lease Abs NNN
R. Term 4.11 yrs
Size/SF 9,028
Blue Springs, MO
Cap Rate 6.15%
Lease NN+
R. Term 9.10 yrs
Size/SF 4,200
Festus, MO
Cap Rate 6.65%
Lease NN+
R. Term 15.10 yrs
Size/SF 4,654
Abilene, TX
Cap Rate 7.00%
Lease Abs NNN
R. Term 19.00 yrs
Size/SF 2,646
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
