337 E. Coronado Rd.

337 E. Coronado Rd., Phoenix, AZ 85004

— For Sale —

Offering Price $6,305,000

CAP Rate 6.35%

NOI $400,350

Total Square Footage ± 17,979 SF

Property Information

337 E. Coronado Rd. is a ± 17,979 SF, two-story multi-tenant medical office building situated on ± 1.13 acres in the heart of Phoenix’s Midtown submarket. Constructed as a build-to-suit for DaVita in 2006, the Property features a purpose-built medical layout with extensive plumbing and mechanical systems engineered for healthcare use. The Property is strategically positioned just off the interchange of Interstate 10 (±118,505 VPD), 7th Street (±42,247 VPD), and 3rd Street (±15,697 VPD), providing exceptional regional access within one of Metropolitan Phoenix’s most established medical corridors, home to St. Joseph’s Hospital (595 beds) and Banner University Medical Center (746 beds).

The Property is 100% leased to two medical tenants, DaVita on the ground floor and Recovia on the 2nd floor. Southwest Kidney DaVita Dialysis Partners LLC is a joint-venture business entity co-owned and operated as a strategic partnership between DaVita Inc., a Fortune 500 credit tenant (NYSE:DVA), and the Phoenix-based private nephrology practice Southwest Kidney Institute (SKI) to provide localized dialysis and kidney care services across Arizona. Recovia is a leading interdisciplinary chronic pain and dependency recovery provider with multiple clinical offices in Phoenix and Tucson.

Contact

Brokerage

Cathy Jones,
CPA, SIOR, CCIM

Executive Vice President
Las Vegas
License BS.0056010
C 702.595.8765
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Paul Miachika

Executive Vice President
Las Vegas
License S.0184612
O 602.814.0661
C 602.670.6576
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Allyson Weber

Associate
Las Vegas
License S.0199573
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O 702.954.4183
C 702.278.8865
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Brokerage

Blaze Katz, CCIM

Senior Associate
Las Vegas
License S.0195070
C 702.690.0407
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Kimberly Boyle

Associate
Las Vegas
License S.0204210
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O 702.954.4174
C 702.807.0186
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