Office Medical
Revere Medical
300 S Phelps Dr, Apache Junction, AZ 85120
Listing Price: $3,500,000
Investment Overview
- 9 Years Remaining on Original 15 Year Lease
- Remodeled to Tenants Specifications in 2020
- Total Hard Cost of Renovation Over $800,000
Including New Roof, HVAC and Parking Lot
- Tenant Improvement Contribution over $150,000
- Annual 2.5% Rental Increases
- Strategically Located Offering Access to Underserved Populations | Market Leading Provider for Value-Based Primary Care
- Operating Practice Acquired by VillageMD in 2021
- Village MD Arizona acquired by Revere Medical in January of 2026
Revere Medical
Investment Highlights
- 9 Years Remaining on Original 15 Year Lease
- Remodeled to Tenants Specifications in 2020
- Total Hard Cost of Renovation Over $800,000 Including New Roof, HVAC and Parking Lot
- Tenant Improvement Contribution over $150,000
- Annual 2.5% Rental Increases
- Strategically Located Offering Access to Underserved Populations | Market Leading Provider for Value-Based Primary Care
- Operating Practice Acquired by VillageMD in 2021
- Village MD Arizona acquired by Revere Medical in January of 2026
Exclusively Listed By
Broker of Record
-
Ryan Sarbinoff
Senior Managing Director, Market Leader - Arizona
Financing By
Listing Price: $3,500,000
Investment Highlights
- 9 Years Remaining on Original 15 Year Lease
- Remodeled to Tenants Specifications in 2020
- Total Hard Cost of Renovation Over $800,000 Including New Roof, HVAC and Parking Lot
- Tenant Improvement Contribution over $150,000
- Annual 2.5% Rental Increases
- Strategically Located Offering Access to Underserved Populations | Market Leading Provider for Value-Based Primary Care
- Operating Practice Acquired by VillageMD in 2021
- Village MD Arizona acquired by Revere Medical in January of 2026
Investment Overview
- 9 Years Remaining on Original 15 Year Lease - Remodeled to Tenants Specifications in 2020 - Total Hard Cost of Renovation Over $800,000 Including New Roof, HVAC and Parking Lot - Tenant Improvement Contribution over $150,000 - Annual 2.5% Rental Increases - Strategically Located Offering Access to Underserved Populations | Market Leading Provider for Value-Based Primary Care - Operating Practice Acquired by VillageMD in 2021 - Village MD Arizona acquired by Revere Medical in January of 2026
Exclusively Listed By
Broker of Record
-
Ryan Sarbinoff
Senior Managing Director, Market Leader - Arizona
Financing By
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