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86 West Juniper Ave, Gilbert, AZ, 85233

Arizona Veterinary Specialty Center
$12,005,415

Key Information

Cap Rate
7%
Tot. SF
28,805
Year Built
2005
Type
Healthcare

Highlights

  • Stellar Unit Level Performance – Extremely strong practice level financials, demonstrating the tenant’s long-term commitment to the location. Ask broker for details*

  • Stable Investments – There are ±8.7 years remaining on the NNN lease with 3% annual increases.

  • Very Passive Lease Structure – There are minimal landlord responsibilities throughout the lease term, offering a passive investment for both local and national investors.

  • Scheduled Rent Increases | Hedge Against Inflation – The lease features annual rental escalators, providing a future owner with a boost in cash flow and a hedge against inflation throughout the life of their investment.

  • Healthcare Real Estate | Recession Resistant Property – Veterinary hospitals are extremely sought-after investments for their resistance to downturns in the economy and e-commerce trends that affect traditional retail properties.

  • Prime Location – The ±28,805 SF center is ideally located along West Juniper Avenue, offering excellent visibility and easy access to major transportation routes, including Highway 60 and Highway 87. This asset benefits from favorable demographics, with a population of over 400k within a 5-mile radius

Photos

Location

Agents

Broker of Record

David Harrington

License # CO701910000 (AZ)
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251