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Office Medical

15255 N 40th St - Bldg 4

15255 N 40th St, Phoenix, AZ 85032

Listing Price: $943,692

Cap Rate
6.50%
Rentable SF
4,099
Occupancy
100.0%
Year Built
2006
Lot Size
3.11 acres

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale 15255 N 40th Street, Suite 125 and Suite 127, two condos located within building 4 of Greenway Professional Park. Greenway Professional Park is located on 40th street just south of Greenway Road. The two condos total approximately 4,099 SF and will be offered as an investment. The asset provides and investor the ability to acquire this asset strategically located within a highly desired office complex and will benefit from an HOA that takes acre of all outside maintenance and repairs including the roof, landscaping and water.

Investment Highlights

  • Two office condos located within Greenway Professional Plaza, Building 4. Greenway Professional Plaza HOA takes care of all outside maintance and repairs including the roof, landscaping and water.
  • Located adjacent to Scottsdale and Paradise Valley just off of Arizona State Route 51 (SR-51) and less than one mile south of Abrazo Scottsdale Campus.
  • 100% Occupied by two medical tenants. Suite 125 is approximately 1,516 SF and is currently occupied by LifeTree Inc. Suite 127 is approximately 2,583 SF and is currently occupied by Apricus Health.

Exclusively Listed By

Office Medical

15255 N 40th St - Bldg 4

Listing Price: $943,692

Cap Rate
6.50%
Rentable SF
4,099
Occupancy
100.0%
Year Built
2006
Lot Size
3.11 acres

Investment Highlights

  • Two office condos located within Greenway Professional Plaza, Building 4. Greenway Professional Plaza HOA takes care of all outside maintance and repairs including the roof, landscaping and water.
  • Located adjacent to Scottsdale and Paradise Valley just off of Arizona State Route 51 (SR-51) and less than one mile south of Abrazo Scottsdale Campus.
  • 100% Occupied by two medical tenants. Suite 125 is approximately 1,516 SF and is currently occupied by LifeTree Inc. Suite 127 is approximately 2,583 SF and is currently occupied by Apricus Health.

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale 15255 N 40th Street, Suite 125 and Suite 127, two condos located within building 4 of Greenway Professional Park. Greenway Professional Park is located on 40th street just south of Greenway Road. The two condos total approximately 4,099 SF and will be offered as an investment. The asset provides and investor the ability to acquire this asset strategically located within a highly desired office complex and will benefit from an HOA that takes acre of all outside maintenance and repairs including the roof, landscaping and water.

Exclusively Listed By

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