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20325 N 51st Ave
Glendale, AZ 85308

Bldg H · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • ST NNN Investment Opportunity
  • Strong Tenant Operating Since 2007
  • Well Located Offices Throughout the Phoenix and Tucson Markets
  • Brand New 5 Year Lease w/ 3% Annual Increases
  • Part of a 7 Property Portfolio Available Together or Separate

EXECUTIVE SUMMARY

SVN is pleased to present to the market this NNN investment opportunity located in Glendale, AZ. The property consists of a 3,339 SF office condo currently occupied by Advanced Pain Management. While the tenant has operated out of this location for many years, they recently executed a brand new lease commencing in August 2024 and continuing through July 2029 with three percent (3%) annual increases. The lease is a true NNN lease in which the tenant reimburses the Landlord for expenses and is responsible for all repairs including HVAC repairs and/or replacement. The common areas are managed by an association. This offering is part of a larger portfolio of seven properties for sale that can be purchased together or separate.

PROPERTY FACTS

Property Type Office
Property Subtype Medical
Building Class B
Lot Size 0.03 AC
Rentable Building Area 6,009 SF
No. Stories 1
Year Built 2006
Parking Ratio 4.8/1,000 SF
Cross Streets W Beardsley Rd

AMENITIES

  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

ZONING

Zoning Code C-O/M-O, Phoenix (Commercial)
C-O/M-O, Phoenix (Commercial)
  • Listing ID: 32619328

  • Date on Market: 2024-07-29

  • Last Updated:

  • Address: 20325 N 51st Ave, Glendale, AZ 85308

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