Stabilized Medical Office
1425 S Greenfield Rd Mesa, AZ 85206
For Sale
Contact for pricing
Pending
White-painted exterior with red clay roof and exterior-loaded entrances; 100% leased medical tenant mix with a 7.3-year WALT.
Days on Market104
Property Features for 1425 S Greenfield Rd
General Information
- Standard status
- Pending
- Property subtype
- Office
Listing Agency:
Newmark - Phoenix
(602) 952-3858
Listed By:
Gary Cornish · License #SA684021000
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 23 at 10:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark - Phoenix
Investment Insights
Based on property information with market context.
1425 S. Greenfield Rd. is a stabilized medical office building maintained for tenant continuity, recently repainted white and complemented by a red clay roof and landscaped grounds. The property features exterior loaded entrances designed for straightforward access, and it is supported by an on-site parking ratio of 7.41 spaces per 1,000 square feet.
The building is 100% leased to a diverse mix of medical tenants, with a weighted average lease term of 7.3 years remaining. The current rent roll reflects leases that are described as approximately 10% below market upon rollover. The offering also references potential upside through expansion opportunities of up to 3,000 SF, as outlined in the accompanying materials.
Convenience to healthcare services is part of the equation, with the property described as within a 1-minute drive to a major hospital system.
The building is 100% leased to a diverse mix of medical tenants, with a weighted average lease term of 7.3 years remaining. The current rent roll reflects leases that are described as approximately 10% below market upon rollover. The offering also references potential upside through expansion opportunities of up to 3,000 SF, as outlined in the accompanying materials.
Convenience to healthcare services is part of the equation, with the property described as within a 1-minute drive to a major hospital system.
Key Highlights
- Medical office building at 1425 S. Greenfield Rd., 100% leased to a diverse mix of medical tenants
- Weighted average lease term (WALT) of 7.3 years remaining for lease stability
- White‑painted exterior with red clay roof and exterior‑loaded entrances
Property Analytics
Location Intelligence
Current Use by Public Records
Mesa Family Physicians: ...
Pediatrician
Sonora Quest Laboratories
Medical Laboratory
Dr. Leonard Koltun
Dental Office
Dr. John Johnston
Dental Office
Jared Kenney
Dental Office
FAQs
What type of property is this?
Medical center - White-painted exterior with red clay roof and exterior-loaded entrances; 100% leased medical tenant mix with a 7.3-year WALT.
Where is this medical center located?
The property is located at 1425 S Greenfield Rd Mesa, AZ.
What are key features of this property?
This property features: Medical office building at 1425 S. Greenfield Rd., 100% leased to a diverse mix of medical tenants; Weighted average lease term (WALT) of 7.3 years remaining for lease stability; White‑painted exterior with red clay roof and exterior‑loaded entrances
