Entity Owned Property summary
Exceptional investment opportunity: a 42,067 square foot, single-story Class B medical office building in Phoenix, Arizona, presents a compelling investment proposition. This property boasts a strong 6.41% cap rate and a substantial net operating income (NOI) of $1,067,112. The building, constructed in 2005 and renovated in 2018, sits on a 5.43-acre lot and is currently 100% occupied by SimonMed Imaging under an absolute NNN lease with 8.8 years remaining. The lease includes attractive 3%… annual rent bumps, providing a hedge against inflation. This mission-critical location for SimonMed's Arizona operations houses all HIPAA-required hard file data storage for their Arizona facilities, along with their main call center. Uniquely, it also includes warehouse space for equipment repair and maintenance. Its strategic location directly across from Banner Estrella Medical and Surgery Center, a major medical campus serving a large population, ensures consistent high traffic and demand. The property's high visibility and accessibility are further underscored by over 60,000 visits in the past year, according to Placer.ai data. The asking price is $16,660,000, translating to $396.03 per square foot. This presents a rare opportunity to acquire a stable, high-performing asset in a thriving medical market.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 3 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
5 recorded sales · 16 properties nearbyComparable nearby
Similar in This City for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 42,067 SF
- Lot area
- 6 ac
- Year built
- 2005
- Stories
- 1
- APN
- 102-37-015
- Zoning
- C-2
- Assessed value · 2024
- $2,066,804
- Annual tax · 2023
- $212,439
- Auto Repair, Garage
- Office Building
- Retail Stores
- Medical Building · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
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