2701 N 16th St Ste 111 Office
  • Asking Price
    $575KAsking Price
  • Price/SF
    $404.93Price/SF
  • Size
    1,420 SFSize
  • Built
    1982Built

Description

SVN is pleased to present to the market this absolute NNN single tenant investment opportunity. The property is secured by Advanced Pain Management under a long term, absolute NNN lease through January 2035 with zero Landlord responsibilities and 3% annual rent increases. The offering provides investors the opportunity to acquire four Advanced Pain Management locations, individually or as a portfolio, each subject to the same lease terms.

Advanced Pain Management is an established Arizona healthcare provider with more than 15 years of experience and approximately 8 locations throughout Greater Phoenix and Tucson. The practice provides a broad range of specialized treatments for acute and chronic pain. Its long operating history, multi-location platform, specialized service offering, and strong patient reputation have helped establish Advanced Pain Management as a recognized provider within the Arizona healthcare market.

The combination of an established medical tenant, strategically located facilities, long-term contractual occupancy, and minimal landlord responsibilities creates an attractive investment opportunity for buyers seeking predictable income backed by an experienced Arizona healthcare operator.

Cambridge Court is strategically located in Central Phoenix, just north of Thomas Road with convenient access to the SR-51, I-10, and Loop 202 freeway systems. The property sits within a dense, infill area surrounded by established residential neighborhoods, major employment centers, and a broad mix of healthcare, professional services, retail, and dining amenities. Its central location provides efficient connectivity to Downtown Phoenix, Midtown, Biltmore, Sky Harbor International Airport, and Scottsdale, making it well positioned to serve both employees and customers from throughout the metro area. From an investment perspective, Central Phoenix continues to benefit from strong population density, limited infill land availability, and proximity to some of the region’s largest employment and healthcare hubs. The surrounding area is anchored by major institutions and economic drivers including Banner – University Medical Center Phoenix, Phoenix Children’s Hospital, the Biltmore/Camelback employment corridor, and Downtown Phoenix. For investors seeking a well-located single-tenant asset, the combination of a central infill location, excellent regional accessibility, and proximity to substantial healthcare and employment infrastructure provides an attractive foundation for long-term tenant demand and real estate value.

Justin Horwitz, SIOR (480-220-2674, justin.horwitz@svn.com) and Richard "Ricky" Lewis Jr. (602-327-0064, richard.lewis@svn.com) of SVN | Desert Commercial Advisors represent this listing.

Offering Summary

  • Asking Price
    $575,000
  • Price PSF
    $404.93
  • Property Type
    Office
  • Size
    1,420 SF
  • Built
    1982

Documents

Property Address

2701 N 16th St Ste 111
Phoenix, AZ 85006

Property Details

  • Property Type
    Office
  • Square Feet
    1,420 SF
  • Year Built
    1982
  • APN
    117-04-122

Deal Team

Justin Horwitz profile image

Justin Horwitz

Senior Advisor
SVN | Desert Commercial Advisors
Richard Lewis Jr. profile image

Richard Lewis Jr.

Senior Advisor
SVN | Desert Commercial Advisors