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21321 E Ocotillo Rd
Queen Creek, AZ 85142

$1,222,000 USD

Office Condo For Sale  •  2,736 SF

Property Details

  • Property Type Office
  • Total Building Size 5,448 SF
  • Lot Size 8.32 AC
  • Building Class B
  • Year Built 2007
  • Tenancy Multiple
  • Zoning C-1
0 Transit Score
51 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 108 Medical Office 2,736 SF $1,222,000 USD
  • Unit Size: 2,736 SF
  • Condo Use: Medical Office
  • Price: $1,222,000 USD
  • Sale Type: Investment
  • Price/SF: $446.64 USD
Sale Notes
Located at 21321 E Ocotillo Rd #108 Queen Creek, AZ 85142 south of the
Loop-202 off of Rittenhouse Rd & E Ocotillo Rd. This ±2,724 SF Queen
Creek Professional Village condo is easy to get to from anywhere in the
valley. Within the immediate proximity of the property lies the Queen

Creek Marketplace, anchored by Sprouts Farmers Market, Trader Joe's, In-
N-Out Burger, and many other desirable retail amenities. The subject

property is located in the heart of the quickly expanding southeast valley,
allowing for many new and prominent amenities and neighborhoods nearby. Within a 15-minute drive are the Phoenix-Mesa Gateway Airport, ASU's Polytechnic Campus, and two Dignity Health hospitals as well as the Elliot Road Technology Corridor, Eastmark Industrial, and the LG Battery Facility, a recently announced fabrication facility for LG Electronics of Korea which will bring thousands of new jobs to the Queen Creek marketplace.

Description 

SVN Desert Commercial Advisors, as the sole representative of the Owner, is pleased to present for sale this Triple Net medical investment. This property is a single-tenant asset currently leased to a Four Corners Compounding Pharmacy. Personally guaranteed by the company's principal,  who fully executed their lease in February of 2023. With three and a half years remaining on the lease, this location was built to spec for the compounding pharmacy and includes a large manufacturing area as well as a controlled clean room with advanced independent air filtration. The lease is an absolute NNN lease where the tenant is responsible for reimbursing the Owner for all associated expenses including taxes, insurance, and CAM costs.

Highlights

NNN Medical Investment Condo
Single- Tenant Asset Currently Leased to Four Corners Compounding Pharmacy
Immediate Proximity to Many Retail Locations/ Shopping Centers

Property Flyers

Public Transportation

AirportDriveWalkDistance
Phoenix-Mesa Gateway 12 min - 5.9 mi
Phoenix Sky Harbor International 50 min - 35.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 28
Type: Surface
Included in Rent: Yes
Justin Horwitz 480-220-2674 SVN | Desert Commercial Advisors
Justin Horwitz 480-220-2674 SVN | Desert Commercial Advisors