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Office Medical

Community Medical Services | Peoria, AZ

10689 N 99th Ave, Peoria, AZ 85345

Listing Price: $1,088,544

Cap Rate
7.00%
Gross SF
3,114
Rentable SF
3,114
Price/Gross SF
$349.56
Occupancy
100.0%
Year Built
1976
Lot Size
0.87 acres

Investment Overview

Lease Extension Signed and Commencing June 1, 2026
Five Year Extended Term Expiring May 31, 2031

Triple Net Lease with Limited Landlord Responsibilities
LL Only Responsible for Roof Repair Over $2,500 Annually

Strong Historical Occupancy and Commitment from Tenant
Tenant has Occupied for 10 Years and has Signed Commitment for Another 5 Years

Backyard Location for Tenant in Home Market
Community Health Centers is Headquartered in Phoenix, Arizona

Growing Industry and Growing Tenant
Community Health Centers has More Than 70 clinics Across Multiple States
Feeder Location for Country’s First 24-hour Opioid Treatment on Demand (OTOD) Center Located in Phoenix, Arizona

Accessible Location on N 99th Avenue with Ample Parking
Average Daily Traffic Counts Exceeding 15,000 VPD

Dense and Growing Population in Immediate Area
Over 1.2 Million People in 10 Mile Radius with Projection for 3.4% Growth by 2030

Investment Highlights

  • Lease Extension Signed and Commencing June 1, 2026 Five Year Extended Term Expiring May 31, 2031
  • Triple Net Lease with Limited Landlord Responsibilities LL Only Responsible for Roof Repair Over $2,500 Annually
  • Strong Historical Occupancy and Commitment from Tenant Tenant has Occupied for 10 Years and has Signed Commitment for Another 5 Years
  • Backyard Location for Tenant in Home Market Community Health Centers is Headquartered in Phoenix, Arizona
  • Growing Industry and Growing Tenant Community Health Centers has More Than 70 clinics Across Multiple States Feeder Location for Country's First 24-hour Opioid Treatment on Demand (OTOD) Center Located in Phoenix, Arizona
  • Accessible Location on N 99th Avenue with Ample Parking Average Daily Traffic Counts Exceeding 15,000 VPD
  • Dense and Growing Population in Immediate Area Over 1.2 Million People in 10 Mile Radius with Projection for 3.4% Growth by 2030

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Office Medical

Community Medical Services | Peoria, AZ

Listing Price: $1,088,544

Cap Rate
7.00%
Gross SF
3,114
Rentable SF
3,114
Price/Gross SF
$349.56
Occupancy
100.0%
Year Built
1976
Lot Size
0.87 acres

Investment Highlights

  • Lease Extension Signed and Commencing June 1, 2026 Five Year Extended Term Expiring May 31, 2031
  • Triple Net Lease with Limited Landlord Responsibilities LL Only Responsible for Roof Repair Over $2,500 Annually
  • Strong Historical Occupancy and Commitment from Tenant Tenant has Occupied for 10 Years and has Signed Commitment for Another 5 Years
  • Backyard Location for Tenant in Home Market Community Health Centers is Headquartered in Phoenix, Arizona
  • Growing Industry and Growing Tenant Community Health Centers has More Than 70 clinics Across Multiple States Feeder Location for Country's First 24-hour Opioid Treatment on Demand (OTOD) Center Located in Phoenix, Arizona
  • Accessible Location on N 99th Avenue with Ample Parking Average Daily Traffic Counts Exceeding 15,000 VPD
  • Dense and Growing Population in Immediate Area Over 1.2 Million People in 10 Mile Radius with Projection for 3.4% Growth by 2030

Investment Overview

Lease Extension Signed and Commencing June 1, 2026 Five Year Extended Term Expiring May 31, 2031 Triple Net Lease with Limited Landlord Responsibilities LL Only Responsible for Roof Repair Over $2,500 Annually Strong Historical Occupancy and Commitment from Tenant Tenant has Occupied for 10 Years and has Signed Commitment for Another 5 Years Backyard Location for Tenant in Home Market Community Health Centers is Headquartered in Phoenix, Arizona Growing Industry and Growing Tenant Community Health Centers has More Than 70 clinics Across Multiple States Feeder Location for Country’s First 24-hour Opioid Treatment on Demand (OTOD) Center Located in Phoenix, Arizona Accessible Location on N 99th Avenue with Ample Parking Average Daily Traffic Counts Exceeding 15,000 VPD Dense and Growing Population in Immediate Area Over 1.2 Million People in 10 Mile Radius with Projection for 3.4% Growth by 2030

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

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