Medical Multi-Tenant Investment Sale

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Listing was updated on: 07/18/2023

342 N Val Vista Drive

Location
This investment opportunity is for an occupied freestanding building located at the SWC of Val Vista and University Drive. The building is approximately 8,217 SF and is occupied by three (3) tenants, a dentist, physical therapist, and yoga studio. Located in the heart of Mesa, this property has frontage along busy Val Vista Drive with nearly 20,000 vehicles passing per day and is located in a high density population area. The site has easy direct access to both the Loop 202 and US 60 Freeways and is close to many business and retail amenities including shopping, dining and entertainment.

Sale
This investment opportunity is for an occupied freestanding building located at the SWC of Val Vista and University Drive. The building is approximately 8,217 SF and is occupied by a dentist and physical therapist. A third tenant has the ability to terminate the lease in November 2023 giving the new owner the chance to own/occupy or potential to re-lease the suite at market rent for additional income. The building sits on approximately 1.79 acre lot with plenty of dedicated parking. The tenants are longstanding and have signed new lease terms ranging from 5-10 years with options to renew. Located in the heart of Mesa, this property has frontage along busy Val Vista Drive with nearly 20,000 vehicles passing per day and is located in a high density population area. The site has easy direct access to both the Loop 202 and US 60 Freeways and is close to many business and retail amenities including shopping, dining and entertainment.