3035 Ellsworth Rd Mesa, AZ 85212

This single-story, 2,061 square foot medical and traditional office condo in Mesa, Arizona, presents a compelling investment opportunity. Located at 3035 S Ellsworth Rd #135, it boasts a strong 6.50% cap rate and a net operating income (NOI) of $59,058. The property features a newly executed, long-term triple net (NNN) lease with Advanced Pain Management, commencing August 2024 and extending through July 2029. This lease includes a 3% annual rent increase, ensuring consistent income growth. The tenant is responsible for all repairs and expenses, including HVAC maintenance and replacement, minimizing landlord responsibilities. Common area maintenance is handled by a homeowner's association. This property is part of a larger portfolio of seven properties available for sale, offering flexibility for investors seeking diverse investment options. The property's location within a thriving commercial district in Mesa, AZ, provides easy access to diverse dining, retail, and entertainment options, as well as nearby attractions like Superstition Springs Center and Phoenix-Mesa Gateway Airport. The surrounding area also offers access to recreational opportunities near Usery Mountain Regional Park. The property's APN is 30402869. The asking price is $908,599.