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6859 E Rembrandt Ave Suite 114Mesa, AZ 85212
Rembrandt Surgery Center - Mesa
Asset ClassHealthcare Facility, Office
Deal Size$3.91 M
Rentable SF: 4,414Lease-Term Remaining: 10 YearsCap Rate: 6.2%Access Data Room
Ambulatory Surgery Center | 10-Year Sale Leaseback | Available as a Portfolio with Scottsdale Location
overview of deal

Overview

Marcus & Millichap is pleased to present the opportunity to acquire 6859 E. Rembrandt Ave., Suite 114, Mesa, AZ (the “Property” or “Asset”), a ±4,414-square-foot Ambulatory Surgical Center (“ASC”) leased to a leading medical practice via a sale-leaseback. Strategically positioned in a high growth section of the Phoenix MSA, the Asset offers investors long-term stability.

 

The Asset is being offered through a direct sale-leaseback with Rembrandt Outpatient Surgery Center, PLLC, who will execute a new 10-year NNN lease, commencing at close of escrow. The lease will be structured with 3.00% fixed annual rent increases over the term and includes two (2) additional five-year renewal options, delivering long-term income stability and built-in growth.

 

This Asset is strategically positioned off Power Rd. within the Pierpont San Tan Center, a vibrant, community-oriented development in Mesa, Arizona that offers a diverse mix of services and amenities to residents. The location provides excellent regional accessibility, situated less than one mile from Loop 202, and is surrounded by some of the region’s most prominent healthcare providers, making it highly attractive for medical and professional uses.

 

This Opportunity is also provided as a portfolio under the same terms with the Scottsdale location. Please inquire with brokerage team for additional details.

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Investment Highlights

  • State of the art facility with two operating rooms - one (1) Class C and One (1) Class B
  • New 10-year lease at COE with 3.00% annual rent increases
  • Rembrandt Surgery center operates under the umbrella of The Pain Experts of Arizona, who operate three pain clinics and two surgery centers across Scottsdale and the Southeast Valley
  • High growth location on the border of Gilbert and Mesa with easy accessibility, only 2.5 miles from the Loop 202
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6859 E Rembrandt Ave Suite 114Mesa, AZ 85212

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Listing provided by Revere CRE