0 Queen Crk Professional VlgQueen Creek, AZ 85142

Property Details for 0 Queen Crk Professional Vlg

Year built

2007

Property size (Sq ft)

2,736 SF

Property type

Office properties

Property subtype

Medical offices

Description

This exceptional investment opportunity presents a ±2,736 - 3,194 square foot medical office condo in the thriving Queen Creek Professional Village, located at 21321 E Ocotillo Rd #108, Queen Creek, AZ 85142. The property, built in 2007 and zoned C-1, boasts a strong 6.00% cap rate and a substantial NOI of $144,687.50, with an asking price of $1,222,000. Currently leased to a Four Corners Compounding Pharmacy under a triple-net (NNN) lease with three and a half years remaining, the lease is personally guaranteed by the company's principal, ensuring a secure investment. The tenant occupies the entire space, which was custom-built for their operations, including a large manufacturing area and a controlled clean room with advanced air filtration. This prime location benefits from excellent visibility and accessibility, situated south of Loop-202, off Rittenhouse Rd & E Ocotillo Rd, and enjoys close proximity to the Queen Creek Marketplace, featuring popular retailers like Sprouts, Trader Joe's, and In-N-Out Burger. The property's strategic position within the rapidly expanding southeast valley also places it within a 15-minute radius of Phoenix-Mesa Gateway Airport, ASU's Polytechnic Campus, two Dignity Health hospitals, the Elliot Road Technology Corridor, Eastmark Industrial, and the new LG Battery Facility, promising continued growth and high demand in the area. The property's APN is 314-03-917. This is a rare opportunity to acquire a stable, high-yielding medical office investment in a rapidly growing market.

Location Insight

City

Queen Creek

County

Maricopa

State

Arizona

Latitude

33.2028

Longitude

-111.642

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].