3328 N Litchfield Rd Goodyear, AZ 85395
Single-tenant retail/medical building in Goodyear, Arizona, leased to MBI.
Property size:
6,060 SFLot size:
30,022.00 AcresProperty Features for 3328 N Litchfield Rd
General Information
- Standard status
- Active
- Size
- 6,060 SF
- Lot size
- 30,022.00 Acres
Building Details
- Year built
- 1997
Source:
Crexi
Listing Agency: The Silver Group Listing Agent: Barry Silver
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Goodyear Retail/Medical Investment Opportunity
The property is a single-tenant retail/medical building leased to MBI Industrial Medicine, Inc., situated at 3328 North Litchfield Road in Goodyear, Arizona. The free-standing building encompasses approximately 6,060 square feet and is positioned on an out-parcel of approximately 30,000 square feet within the fully occupied Palm Valley Marketplace Shopping Center. Co-tenants include Safeway Supermarket, Dollar Tree, UPS, Orangetheory Fitness, HR Block, Mathnasium, Whataburger, and Wells Fargo. The location shares the intersection at West Indian School Road with Walmart Neighborhood Market, Walgreens Drugstore, Primrose School, Big O Tires, Burger King, Dutch Bros. Coffee, Wilhelm Tire, and Cobblestone Car Spa. A new ten-year and four-month, triple net lease commenced on May 1, 2023, with landlord responsibilities limited to roof and structure. The lease includes annual rent increases of 3% throughout the term and two additional five-year renewal options. The lease is executed by MBI Industrial Medicine, Inc., which currently operates 12 Phoenix metro locations, providing occupational healthcare services to area employers and employees, and has expanded into the Colorado market with nine locations. The City of Goodyear has exceeded a population of 100,000 residents. This investment opportunity is suited for those seeking long-term, passive income from a regional medical services provider in a growing Phoenix suburb.
Location Intelligence
Current Use by Public Records
MBI Litchfield
Medical Clinic
Sophia Brown
Physician
Linda-Michelle Ledesma
Physician
Location Insight
- Map
- Local Demand
- City
- Goodyear
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.3631043
- Latitude
- 33.4847918
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FAQs
What type of property is this?
Medical center - Single-tenant retail/medical building in Goodyear, Arizona, leased to MBI.
Where is this medical center located?
The property is located at 3328 N Litchfield Rd Goodyear, AZ.
What are key features of this property?
This property features: - New 10+ year triple net lease commenced May 1, 2023, providing long-term passive income.; - Located in the fully occupied Palm Valley Marketplace Shopping Center with strong co-tenants like Safeway and Whataburger.; - Tenant is MBI Industrial Medicine, Inc., a regional medical services provider with multiple locations.
