McDowell Rd

Special Purpose for Sale
Catylist Listing ID: 30165992
Property Subtypes: Senior Housing
Building Size (RSF): 62,596 SF
Gross Building Area: See Agent
Sale Price: $5,946,620 - 6,000,000
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Owner Financing
Cap Rate: Undisclosed
Last Updated: 12/5/2017

Overview / Comments

We are pleased to present the opportunity to purchase or lease this vacant residential care facility located in Phoenix, Arizona. This single-story, two building 62,596 square foot healthcare project, built in 1982, is located on the Northwest corner of East McDowell Road and North 14th Street in Phoenix. This property is ideal for assisted living, memory care, behavioral health, transitional rehabilitation, substance abuse rehabilitation or any other healthcare use requiring a residential setting

Additional Details

Nearest MSA: Phoenix-Mesa-Scottsdale
County: Maricopa
Zoning: C-2, P-1, C-1
Property Visibility: Excellent
Area Description: At the center of the Phoenix medical services hub, the property is located within a 10-mile radius of 27 hospitals and medical centers. The property is located adjacent to Banner-University Medical Center Phoenix, the largest hospital in Arizona, with 733 beds and a robust clinical education program and Level I Trauma Center.
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Year Built: 1982
Parking Type: Surface
Zoning Description: Zoning: C-2 (Commercial & Intermediate Commercial) P-1 (Passenger Automobile Parking, Limited) C-1 (Commercial and Neighborhood Retail)

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 23,162 158,181 401,974
Median Age: 30.11 31.94 31.59
Households: 8,175 60,775 144,336
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