3048 Baseline Rd Mesa, AZ 85204

This exceptional investment opportunity presents a 5,000 square foot medical office condominium located at 3048 E Baseline Rd, Building 9, Mesa, Arizona 85204 (APN: 140-64-423 & 140-64-424). Currently 100% leased to Optum, a UnitedHealthcare subsidiary, under a five-year lease commencing June 16, 2022, and expiring June 15, 2027. The lease includes three three-year renewal options. The property boasts a desirable 5.75% cap rate and a price per square foot of $416.73, with an asking price of $2,083,625. The fully built-out space features twelve wet exam rooms, a medical assistant station, a lobby, a break room, and two ADA-compliant restrooms. Its prime location offers convenient access to SR-60 and proximity to major medical facilities, including Dignity Health Arizona General Hospital and Banner Gateway Medical Center. The property is zoned PAD/L-C. This is a rare opportunity to acquire a high-performing, fully leased medical office building in a thriving healthcare market. The strong tenant and lease terms make this an attractive investment for discerning buyers.