Medical Office Investment Sale Chandler, AZ€¦ · 5970-5980 S Cooper Rd., Chandler, AZ 85249...

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STEVE BERGHOFF TANNER MILNE, SIOR, CCIM, MBA 480.659.1777 x111 480.659.1777 x104 [email protected] [email protected] 5970-5980 S Cooper Rd., Chandler, AZ 85249 MENLO GROUP P: 480.659.1777 • F: 866.226.5766 1809 S. Holbrook Ln., Tempe, AZ 85281 menlocre.com FOR SALE Medical Office Investment Sale Chandler, AZ

Transcript of Medical Office Investment Sale Chandler, AZ€¦ · 5970-5980 S Cooper Rd., Chandler, AZ 85249...

Page 1: Medical Office Investment Sale Chandler, AZ€¦ · 5970-5980 S Cooper Rd., Chandler, AZ 85249 Billing/Admin Office Photos Page 7. MENLO GROUP P: 480.659.1777 • F: 866.226.5766

STEVE BERGHOFF TANNER MILNE, SIOR, CCIM, MBA

480.659.1777 x111 480.659.1777 x104

[email protected] [email protected]

5970-5980 S CooperRd.,

Chandler, AZ 85249

MENLO GROUPP: 480.659.1777 • F: 866.226.57661809 S. Holbrook Ln., Tempe, AZ 85281menlocre.com

F O R S A L EMedical Office Investment Sale

Chandler, AZ

Page 2: Medical Office Investment Sale Chandler, AZ€¦ · 5970-5980 S Cooper Rd., Chandler, AZ 85249 Billing/Admin Office Photos Page 7. MENLO GROUP P: 480.659.1777 • F: 866.226.5766

Confidentiality & Disclaimer

All materials and information received or derived from Menlo Group Commercial Real Estate its directors, officers, agents, advisors,affiliates and/or any third party sources are provided without representation or warranty as to completeness , veracity, or accuracy,condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability,financial performance of the property, projected financial performance of the property for any party’s intended use or any and all othermatters.

Neither Menlo Group Commercial Real Estate its directors, officers, agents, advisors, or affiliates makes any representation or warranty,express or implied, as to accuracy or completeness of the any materials or information provided, derived, or received. Materials andinformation from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conductof its own due diligence to determine these and other matters of significance to such party. Menlo Group Commercial Real Estate willnot investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their owninspections and investigations including through appropriate third party independent professionals selected by such party. All financialdata should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriateindependent professionals. Menlo Group Commercial Real Estate makes no warranties and/or representations regarding the veracity,completeness, or relevance of any financial data or assumptions. Menlo Group Commercial Real Estate does not serve as a financialadvisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance, including that usedfor financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents thatmay be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluateany applicable contractual and governmental limitations as well as market conditions,vacancy factors and other issues in order todetermine rents from or for the property.

Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certifiedpublic accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regardingthe condition of the property and whether the property complies with applicable governmental requirements should be discussed bythe party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and servicesare marketed by Menlo Group Commercial Real Estate in compliance with all applicable fair housing and equal opportunity laws.

Table ofContents

MENLO GROUPP: 480.659.1777 • F: 866.226.57661809 S. Holbrook Ln., Tempe, AZ 85281menlocre.com

STEVE BERGHOFF TANNER MILNE, SIOR, CCIM, MBA

480.659.1777 x111 480.659.1777 x104

[email protected] [email protected]

3 PROPERTY INFORMATION

9 LOCATION INFORMATION

5970-5980 S Cooper Rd., Chandler, AZ 85249

Medical Office Investment Sale | Chandler

Page 3: Medical Office Investment Sale Chandler, AZ€¦ · 5970-5980 S Cooper Rd., Chandler, AZ 85249 Billing/Admin Office Photos Page 7. MENLO GROUP P: 480.659.1777 • F: 866.226.5766

5970-5980 S Cooper Rd., Chandler, AZ 85249

PROPERTY INFORMATIONPROPERTY INFORMATION

Medical Office Investment Sale | Chandler

Steve BerghoffVice [email protected]

Tanner Milne, SIOR, CCIM, MBADesignated Broker, [email protected]

Menlo Group Commercial Real EstateP: 480.659.1777 • F: 866.226.5766www.menlocre.comSTEVE BERGHOFF TANNER MILNE, SIOR, CCIM, MBA

480.659.1777 x111 480.659.1777 x104

[email protected] [email protected]

MENLO GROUPP: 480.659.1777 • F: 866.226.57661809 S. Holbrook Ln., Tempe, AZ 85281menlocre.com

Section 1:

P R O P E R T YI N F O R M A T I O N

Page 4: Medical Office Investment Sale Chandler, AZ€¦ · 5970-5980 S Cooper Rd., Chandler, AZ 85249 Billing/Admin Office Photos Page 7. MENLO GROUP P: 480.659.1777 • F: 866.226.5766

MENLO GROUPP: 480.659.1777 • F: 866.226.57661809 S. Holbrook Ln., Tempe, AZ 85281menlocre.com

OFFERING SUMMARY

Sale Price: $1,495,000

Price PSF $199.25

CAP Rate: 7.00%

Year Built: 2006

Building Size: Approx. 7,503 SF

Zoning: PAD, Chandler

Medical Office Investment Sale with term through 2023. Located in an area of high growth in Chandler on the NWC of Cooperand Riggs Road. High density residential area with close proximity to business and retail amenities.

PROPERTY OVERVIEW:

PROPERTY HIGHLIGHTS

• Medical Office Investment Sale

• 6 Years Remaining on Original 7 Year Lease Term

• Purchase Price: $1,495,000.00

• Annual NOI: $104,625.00

• 7.00% CAP

• 3% Annual Increases

• Located in Area of High Growth

• NWC of Riggs and Cooper Roads

Medical Office Investment Sale | Chandler5970-5980 S Cooper Rd., Chandler, AZ 85249

Page 4Executive Summary

Page 5: Medical Office Investment Sale Chandler, AZ€¦ · 5970-5980 S Cooper Rd., Chandler, AZ 85249 Billing/Admin Office Photos Page 7. MENLO GROUP P: 480.659.1777 • F: 866.226.5766

MENLO GROUPP: 480.659.1777 • F: 866.226.57661809 S. Holbrook Ln., Tempe, AZ 85281menlocre.com

Medical Office Investment Sale | Chandler5970-5980 S Cooper Rd., Chandler, AZ 85249

Page 5Interior Photos

Page 6: Medical Office Investment Sale Chandler, AZ€¦ · 5970-5980 S Cooper Rd., Chandler, AZ 85249 Billing/Admin Office Photos Page 7. MENLO GROUP P: 480.659.1777 • F: 866.226.5766

MENLO GROUPP: 480.659.1777 • F: 866.226.57661809 S. Holbrook Ln., Tempe, AZ 85281menlocre.com

Medical Office Investment Sale | Chandler5970-5980 S Cooper Rd., Chandler, AZ 85249

Page 6Medical Office Photos

Page 7: Medical Office Investment Sale Chandler, AZ€¦ · 5970-5980 S Cooper Rd., Chandler, AZ 85249 Billing/Admin Office Photos Page 7. MENLO GROUP P: 480.659.1777 • F: 866.226.5766

MENLO GROUPP: 480.659.1777 • F: 866.226.57661809 S. Holbrook Ln., Tempe, AZ 85281menlocre.com

Medical Office Investment Sale | Chandler5970-5980 S Cooper Rd., Chandler, AZ 85249

Page 7Billing/Admin Office Photos

Page 8: Medical Office Investment Sale Chandler, AZ€¦ · 5970-5980 S Cooper Rd., Chandler, AZ 85249 Billing/Admin Office Photos Page 7. MENLO GROUP P: 480.659.1777 • F: 866.226.5766

MENLO GROUPP: 480.659.1777 • F: 866.226.57661809 S. Holbrook Ln., Tempe, AZ 85281menlocre.com

Medical Office Investment Sale | Chandler5970-5980 S Cooper Rd., Chandler, AZ 85249

Page 8Site Plan

Page 9: Medical Office Investment Sale Chandler, AZ€¦ · 5970-5980 S Cooper Rd., Chandler, AZ 85249 Billing/Admin Office Photos Page 7. MENLO GROUP P: 480.659.1777 • F: 866.226.5766

5970-5980 S Cooper Rd., Chandler, AZ 85249

LOCATION INFORMATIONLOCATION INFORMATION

Medical Office Investment Sale | Chandler

Steve BerghoffVice [email protected]

Tanner Milne, SIOR, CCIM, MBADesignated Broker, [email protected]

Menlo Group Commercial Real EstateP: 480.659.1777 • F: 866.226.5766www.menlocre.comSTEVE BERGHOFF TANNER MILNE, SIOR, CCIM, MBA

480.659.1777 x111 480.659.1777 x104

[email protected] [email protected]

MENLO GROUPP: 480.659.1777 • F: 866.226.57661809 S. Holbrook Ln., Tempe, AZ 85281menlocre.com

Section 2:

L O C A T I O NI N F O R M A T I O N

Page 10: Medical Office Investment Sale Chandler, AZ€¦ · 5970-5980 S Cooper Rd., Chandler, AZ 85249 Billing/Admin Office Photos Page 7. MENLO GROUP P: 480.659.1777 • F: 866.226.5766

MENLO GROUPP: 480.659.1777 • F: 866.226.57661809 S. Holbrook Ln., Tempe, AZ 85281menlocre.com

Medical Office InvestmentSale | Chandler

Medical Office Investment Sale | Chandler5970-5980 S Cooper Rd., Chandler, AZ 85249

Page10Regional Map

Page 11: Medical Office Investment Sale Chandler, AZ€¦ · 5970-5980 S Cooper Rd., Chandler, AZ 85249 Billing/Admin Office Photos Page 7. MENLO GROUP P: 480.659.1777 • F: 866.226.5766

MENLO GROUPP: 480.659.1777 • F: 866.226.57661809 S. Holbrook Ln., Tempe, AZ 85281menlocre.com

Medical Office InvestmentSale | Chandler

Medical Office Investment Sale | Chandler5970-5980 S Cooper Rd., Chandler, AZ 85249

Page11Aerial Map