Property

2000 Place Medical Plaza - Investment
2000 East Southern Avenue
Tempe AZ 85282

Flyer

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Special Consideration

Investment Opportunity

Location

East Valley
Superstition Corridor
Tempe Area

Intersection

NEC Country Club Way & Southern Ave

Description

INVESTMENT OPPORTUNITY! 100% occupied medical building available for purchase. 5 well-established tenants: successful surgery center, pediatric practice, anesthesiology group, medical billing service and laboratory. Close to 2 major medical facilities: Banner Desert Medical Center and Tempe St. Luke's Hospital. Easy access to Loop 101 and US-60.

Available Space

13,450 SF

Investment Opportunity

Single-story garden medical building on 1.32 acres of land
• 100% occupied

Description

Year Built: 1976
• Building Height: One Story
• Construction: Concrete block and stucco with wood joists and rafters
• Roof: Flat Foam
• Electrical: 600-amp, 3 phase, 4-wire, 480/277 volt service
• HVAC: Heated/cooled with rooftop mounted package units. A Kohler diesel emergency generator is also on-site.

Tenant Mix

Sonora Quest Laboratories (est. 2012)
• Surgery center (est. 2001)
• Pediatric practice (est. 1997)
• Anesthesiology group (est. 1997)
• Medical billing service (est. 1997)

Regional Medical Centers

Banner Desert Medical Center (approx. 1.5 miles east)
• Tempe St. Luke's Hospital

Regional Schools

Arizona State University (ASU Tempe Campus)
• Mesa Community College

Regional Freeway Access

Loop 101 (Price Freeway - 0.5 miles east)
• US-60 (Superstition Freeway - 0.5 miles south)

Zoning

CSS, City of Tempe
• C-G (General Commercial), Maricopa County

Parcel

APN 133-47-002-H - 1.32 acres (57,499 SF)

Cap Rate

7.75%

Parking

89 spaces

For more information,
please contact

Kathleen M Morgan, CCIM
Executive Vice President
Direct Line: 480-994-1798
Mobile: 602-809-1048
kmorgan@gpe1.com

Julie A Johnson, CCIM
Executive Vice President
Direct Line: 480-423-7933
Mobile: 602-684-8558
jjohnson@gpe1.com

Trisha A Talbot, CCIM
Senior Vice President
Direct Line: 480-423-7916
Mobile: 602-369-6864
ttalbot@gpe1.com