Grand Professional Plaza | Medical Office Investment | Surprise, Arizona скачать в хорошем качестве

Grand Professional Plaza | Medical Office Investment | Surprise, Arizona

Colliers is pleased to present Grand Professional Plaza, a ±38,748-square-foot, two-story medical office investment located at 14674 W Mountain View Blvd in Surprise, Arizona. For property website, please visit: https://grandprofessionalplaza.sharpl... Situated within the highly established Surprise Medical Corridor near Banner Del E. Webb Medical Center, the Property is surrounded by complementary healthcare providers, senior housing, and more than 218,000 residents within a five-mile radius. With strong population growth and limited competitive inventory, this submarket continues to experience increasing demand for outpatient and specialty medical services. The asset is 87.2% leased to nine diverse medical tenants and anchored by three divisions of HonorHealth, one of Arizona’s largest and most respected healthcare systems. Additional tenants include Arizona Center for Cancer Care, Grand Medical Associates, Physicians Health Center, and Southwest Eye Surgeons. Approximately 93% of the tenant roster has occupied the Property since its development in 2007, demonstrating long-term stability and operational continuity. Structured with NNN lease terms and a weighted average lease term of approximately five years, the Property offers predictable cash flow with a well-distributed expiration schedule through 2032. Existing lease rates are up to 18% below market, creating a clear opportunity for rental growth through renewals and lease-up of remaining vacancy. The Property has been meticulously maintained in Class A condition, including more than $100,000 in recent capital improvements, roof resurfacing, and ongoing HVAC upgrades. Designed specifically for medical use, each suite features clinical build-outs that reduce future tenant improvement costs and support long-term tenant retention. With strong in-place income, durable medical tenancy, and measurable upside potential, Grand Professional Plaza presents investors with an opportunity to acquire a stabilized medical asset in one of the fastest-growing communities in the Northwest Valley. For additional information, please contact: Mindy Korth Executive Vice President +1 602 222 5005 mindy.korth@colliers.com Jenny Bassett Real Estate Analyst +1 602 222 5158 jenny.bassett@colliers.com