Contacts
Bellagio Plaza
Property Details
- Property Type Office
- Property Size 125,736 SF
- Lot Size 0.27 Acre
- Cap Rate % 7
- Year Built 1986
- Date Updated Feb 12, 2025
Key Features:
- Attractive 7% Cap Rate: 5-Year NNN Medical Lease, commencing upon close of escrow.
- Well-Established Tenant: Long-standing vascular practice with a proven track record.
- Prime Location: Situated in the desirable Midtown Phoenix area, offering excellent visibility and access.
- Excellent Transportation Access: Convenient access to Light Rail, SR-51, Loop 101, and Loop 202 for ease of transportation.
- Desirable Retail Amenities: Located near numerous retail amenities, enhancing both patient and employee convenience.
- Proximity to Hospitals: Close to multiple renowned hospitals, providing additional traffic and visibility for the practice.
- Parking Options: Includes a parking garage and surface parking to accommodate patients and staff.
- Medical Space Features: Approximately 32 Wet Exam rooms, catering to the specialized needs of the practice.
- Outdoor Balconies: Available for tenant use, adding a relaxing space for staff and visitors.
- Signage Opportunities: Building and monument signage available for increased visibility.
This property represents a stable and profitable investment opportunity in the medical real estate market, backed by a well-established tenant in a high-demand location.
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
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73/100
Walk Score ®
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56/100
Transit Score ®
-
60/100
Bike Score ®
Location
- City Phoenix, AZ
- Neighborhood Encanto Village
- Zip Code 85012
- Market Phoenix
Points of Interest
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Osborn/ Central Ave
0.23 miles
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Thomas/ Central Ave
0.25 miles
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Encanto/ Central Ave
0.74 miles
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Indian School/ Central Ave
0.82 miles
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Campbell/ Central Ave
1.20 miles
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SRB Limo LLC
1.33 miles
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McDowell/ Central Ave
1.35 miles
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Central Ave/ Camelback
1.71 miles
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Roosevelt/Central
1.73 miles
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7th Ave/ Camelback
1.87 miles
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Blink
0.21 miles
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Circle K
0.24 miles
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Mobil
0.32 miles
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ChargePoint
0.60 miles
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Chevron
0.71 miles
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QuickTrip
0.85 miles
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Arco
1.35 miles
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76
1.39 miles
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Third Avenue Garage
0.38 miles
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5th Avenue Garage
0.59 miles
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Park on Central Parking Garage
0.60 miles
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4041 Central Plaza Garage
0.66 miles
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Parc Midtown
0.78 miles
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Lot D
0.85 miles
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Phoenix College North Lot
0.97 miles
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Lot B
0.99 miles
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Lot C
1.01 miles
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Church Parking
1.06 miles
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Embassy Suites
0.24 miles
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Hampton Inn Phoenix-Midtown-Downtown Area
0.37 miles
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Extended Stay America - Phoenix - Midtown
0.38 miles
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Ramada Phoenix Midtown
0.42 miles
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Wyndham Garden Phoenix Midtown
0.44 miles
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Fairfield Inn & Suites Phoenix Midtown
0.59 miles
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Hilton Garden Inn Phoenix Midtown
0.63 miles
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The Clarendon Hotel and Spa
0.67 miles
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Budget Suites of America
0.89 miles
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Holiday Inn Phoenix-Midtown
1.08 miles
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Safeway
0.67 miles
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Sprouts Farmers Market
0.77 miles
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Natural Grocers
0.99 miles
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Latino Market
1.35 miles
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Marvel on McDowell
1.72 miles
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Phoenix General
1.75 miles
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AJ's
1.79 miles
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Yenat Enjera Ethiopian Market & Grocery
1.81 miles
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Fry's Food and Drug
2.04 miles
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Target
2.16 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Bellagio Plaza
