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18275 N 59th Ave, Bldg D120, Glendale, AZ, 85308

Palo Verde Smiles

$1,036,384

Key Information

Cap Rate
6.59%
Lot Size
0.08 Acres
Year Built
2003
Term Remaining
± 2.9 Years
Type
Healthcare
NOI
$68,265

Highlights

• Reliable Tenancy: Signature Dental Partners is a rapidly growing dental support organization (DSO) headquartered in Phoenix, Arizona. Founded in 2017, the company has expanded to more than ±100 locations across 11 states, reflecting its continued growth and strong presence in the dental industry.
• Recession Resistant: Healthcare real estate remains a highly sought-after investment due to its stability, strong tenant retention, and insulation from economic downturns and e-commerce disruption.
• Industry Growth: The $187+ billion dental industry represents a massive and steadily growing segment of healthcare, expanding at an average rate of approximately 5.3% annually, making it a resilient and attractive space for long-term investment.
• Strong Healthcare Corridor: The property is strategically located within a thriving healthcare corridor, surrounded by established tenants.
• Dense Demographics: The property is supported by a strong surrounding demographic profile, with approximately 318,924+ residents within a 5-mile radius and an average household income of approximately $111,918+ within the same radius.
• Strong Traffic Corridor: The property is strategically situated along a strong traffic corridor, benefiting from exposure to approximately ± 26,000 vehicles per day.

Photos

Location

Agents

Broker of Record

David Harrington

License # BR715518000, CO701910000 (AZ)
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251