9801 Metro PkwyPhoenix, AZ 85051

This exceptional investment opportunity features a 34,481 square foot, Class B medical office building in Phoenix, Arizona, fully occupied by a credit-rated tenant under a Net Lease agreement. The 10.1-year lease with United Healthcare, a subsidiary of UnitedHealth Group (NYSE: UNH), commenced February 5, 2024, and includes 3% annual rent bumps and three 5-year renewal options. The property boasts a 5.00% cap rate and a strong NOI of $450,653. Built in 1977 and renovated in 2024, the two-story building sits on a 2.76-acre lot zoned C-2. The property benefits from its location within a major redevelopment project transforming the surrounding area, including the addition of a new light rail station providing convenient access to downtown Phoenix, the airport, and Arizona State University. This presents a compelling opportunity for investors seeking a stable, long-term investment with significant upside potential due to the ongoing revitalization of the surrounding neighborhood. The property's Net Lease structure minimizes landlord responsibilities, ensuring a predictable and low-maintenance income stream. The tenant's financial strength and long-term commitment provide exceptional security and stability for investors. This is a rare opportunity to acquire a high-quality medical office building in a rapidly developing area of Phoenix.