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Single-Tenant Office Medical

FastMed Urgent Care | Tempe AZ (Phoenix MSA)

2720 W Baseline Rd, Tempe, AZ 85283

Listing Price: $2,158,000

Cap Rate
6.35%
Tenant Name
FastMed Urgent Care | HonorHealth
Years Remaining On Lease
3.9
Guarantor
Corporate Guarantee
Rentable SF
3,460
Lease Type
Double Net
Rent Per Square Feet
$39.60

Investment Overview

FASTMED URGENT CARE
FastMed is one of the nation’s largest urgent care providers. FastMed provides a broad range of acute/episodic, preventive, and occupational healthcare – in its clinics and via telemedicine – as well as family medicine at select locations. FastMed is one of the few urgent care providers in the nation that has earned The Joint Commission’s coveted Gold Seal of Approval® for quality, safety and infection control in ambulatory healthcare. FastMed Urgent Care and HonorHealth have partnered to deliver high-quality, convenient, and affordable care to patients across Arizona.

PHOENIX
The Phoenix metro is often referred to as the Valley of the Sun and consists of Maricopa and Pinal counties. The region is hemmed in by mountains to the north and east. American Indian reservations to the east and south limit development in those directions, leaving the southeastern corridor and western half of the metro as the primary growth areas. The most populous city, Phoenix — which encompasses about 520 square miles — is the capital of Arizona and boasts a population of about 1.6 million. Interstate 10 is a major trucking route that directly connects the region to Southern California, which is supporting a growing distribution industry. Various rail and air lines connect the metro to cities around the world.

Investment Highlights

  • PASSIVE NET LEASE INVESTMENT - Minimal landlord responsibilities allows for passive, stable income and peace of mind for a hands-off investor
  • STABLE INVESTMENT - HonorHealth operates 260+ urgent care locations, this site is ranked #1 out of all 12 locations in Arizona
  • OUTSTANDING DEMOGRAPHICS - Just 15 minutes from downtown Phoenix and just 6 miles south of one of the largest universities in the U.S. with a student body population of nearly 80,000
  • EXCELLENT VISIBILITY - Strategically located as an out par cel to a Fry's Food with a combined VPD of 92, 000+ passing through the subject intersection

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Single-Tenant Office Medical

FastMed Urgent Care | Tempe AZ (Phoenix MSA)

Listing Price: $2,158,000

Cap Rate
6.35%
Tenant Name
FastMed Urgent Care | HonorHealth
Years Remaining On Lease
3.9
Guarantor
Corporate Guarantee
Rentable SF
3,460
Lease Type
Double Net
Rent Per Square Feet
$39.60

Investment Highlights

  • PASSIVE NET LEASE INVESTMENT - Minimal landlord responsibilities allows for passive, stable income and peace of mind for a hands-off investor
  • STABLE INVESTMENT - HonorHealth operates 260+ urgent care locations, this site is ranked #1 out of all 12 locations in Arizona
  • OUTSTANDING DEMOGRAPHICS - Just 15 minutes from downtown Phoenix and just 6 miles south of one of the largest universities in the U.S. with a student body population of nearly 80,000
  • EXCELLENT VISIBILITY - Strategically located as an out par cel to a Fry's Food with a combined VPD of 92, 000+ passing through the subject intersection

Investment Overview

FASTMED URGENT CARE FastMed is one of the nation’s largest urgent care providers. FastMed provides a broad range of acute/episodic, preventive, and occupational healthcare – in its clinics and via telemedicine – as well as family medicine at select locations. FastMed is one of the few urgent care providers in the nation that has earned The Joint Commission’s coveted Gold Seal of Approval® for quality, safety and infection control in ambulatory healthcare. FastMed Urgent Care and HonorHealth have partnered to deliver high-quality, convenient, and affordable care to patients across Arizona. PHOENIX The Phoenix metro is often referred to as the Valley of the Sun and consists of Maricopa and Pinal counties. The region is hemmed in by mountains to the north and east. American Indian reservations to the east and south limit development in those directions, leaving the southeastern corridor and western half of the metro as the primary growth areas. The most populous city, Phoenix — which encompasses about 520 square miles — is the capital of Arizona and boasts a population of about 1.6 million. Interstate 10 is a major trucking route that directly connects the region to Southern California, which is supporting a growing distribution industry. Various rail and air lines connect the metro to cities around the world.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

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