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Phoenix AZ Commercial Real Estate - Property For Sale |
Medical Office Building For Sale
Chandler Medical•Dental Center
According to a recent study by Torto Wheaton Research, medical office buildings are the best real estate investment sub-type in today's troubled economic times and are likely to remain on the upswing for at least the next five years.
Located at the SEC of Dobson Road & Frye Road, Chandler Medical•Dental Center is optimally located adjacent to the 225 bed, full service campus of Chandler Regional Medical Center.
Highlights:
• 22,275± s.f.
• 100% leased to eight medical practices
• NNN leases with 100% pass–thru expenses
• Typ. 3% annual rental increases
• Historically stable tenants
• Parking ratio of 6.4± per 1000 s.f.
• Approximately 1 mile from both Loop 101 & Loop 202 freeways
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160-Acre Subdivision For Sale
Stefani Village
Be ready to ride the next housing wave with this section line corner single family home subdivision located minutes from downtown Coolidge.
Located at the NEC of Nafziger & Martin Roads in booming Pinal County, the site, which is undergoing annexation into the City of Coolidge, has a conceptual plan for 455 single family lots, 247 townhomes, and a 20-acre commercial site.
Highlights:
• 160 ± acres
• Proposed Residential Density of 5 DU/Acre
• Includes Multi-Family Component & 20 Acre Commercial Site
• Delivered Annexed into City of Coolidge & with Preliminary Plat Approval
• Sewer Line Extension Co-Development Agreement in Place
• $60,000 per acre - $9,600,000 (delivered with Preliminary Plat)
• Seller financing available
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 200-Acre Subdivision For Sale
KLC Ranch in Coolidge, AZ
Coolidge offers the best of residential living in a rural community. An easy commute location just 10 miles south of Johnson Ranch, the subdivision is surrounded by farm land. Rural character is retained.
Highlights:
• Preliminary Plat completed
• 198± acres with 745 lots
• $85,000 per acre - $16,830,000
• Sewer Line Extension Co–Development Agreement in place
• Seller financing available
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 Land For Sale
Harquahala Valley, AZ
232 acre Bighorn Farms (subdividable)
220 acres in Harquahala Valley, AZ
282 acres in Harquahala Valley, AZ
320 acres in Harquahala Valley, AZ
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PRAEDIUM Advisors provides professional acquisition and disposition services for corporate and individual commercial real estate owners and developers in metro Phoenix, Arizona. Through our many established relationships with investors, developers, users and brokerage firms, we have an extensive database of prospective buyers. We also subscribe to numerous online commercial real estate property databases and newsgroups and conduct sophisticated marketing campaigns for commercial real estate using the internet and email. Extensive in-house computer and graphic design skills afford us the ability to create customized and highly effective marketing flyers and brochures.
What is it you would love a real estate broker to do for you that your current broker is not doing? Contact us for details on how we can better serve your commercial real estate needs.
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Archives
Following are past listings that show the depth of our experience.
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 Sold
International Automotive Components
PRAEDIUM Advisors represented a Montreal based private investment group in their acquisition of a 125,000 s.f. manufacturing facility in Troy, NC. Situated on over 18 acres this absolute NNN leased brick building had over 12 years left on its initial lease term at the time of acquisition. With annual CPI rental increases PRAEDIUM's client was able to buy this building for less that $10 psf and achieve over an 8 CAP rate of return! Victor Allison says: "When I saw this opportunity cross my desk I knew exactly who to call. They wrote a LOI right away and the deal was closed in about 60 days."
 Sold
Wilmot Professional Plaza
PRAEDIUM Advisors represented 1031 exchange buyer Western America Equities, LLC in its $10,140,000 acquisition of Wilmot Professional Plaza from Wilmot Professional Plaza Partners, LLC. Initially developed as a retail center, Wilmot Professional Plaza was redeveloped into a medical plaza between 2000 and 2002. The two 21,000 square foot buildings are conveniently located to Tucson’s three primary eastside hospitals: Tuscon Medical Center, El Dorado Hospital, and St. Joseph’s Hospital which helped to make it attractive to the buyer. |
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East Mesa Medical Center
PRAEDIUM Advisors represented 1031 exchange buyer Western America Equities, LLC in its $8,900,000 acquisition of East Mesa Medical Center from Ensemble Real Estate, LLC. Comprised of two medical office buildings, the 56,348 square foot property was 96% leased at acquisition. Banner Baywood Hospital operates a 239-bed hospital across the street which is an important attraction to the property’s tenants.
“We are attracted to East Mesa Medical Center because it is stabilized and the home of twenty-three medical and dental tenants ranging across the spectrum of medical uses,” says Jim Clark, President of Western America Equities, LLC. “It has a tremendous location across the street from Banner Baywood Hospital, which is undergoing a $90 million expansion.” |
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Avondale Fiesta Shopping Center
PRAEDIUM Advisors represented 1031 exchange buyer Western America Equities, LLC in its $10+ million acquisition of Avondale Fiesta Shopping Center from Kimco Realty Corp. The 34,127 square foot center is shadow anchored by Fry's Marketplace and includes national and regional credit tenants Blockbuster, Subway, H&R Block, The UPS Store, Great Clips, and Baskin-Robbins.
The center is located in the fastest growth area of the West Valley with planned home construction of 17,500 units and an average household income exceeding $51,000 within a three-mile radius. There is limited grocery competition in the trade area.
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