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2500 S 8th Ave
Yuma, AZ 85364

Yuma Regional Medical Office Building · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
33,570 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
16,882 SF
Building FAR
0.27
Lot Size
2.82 AC
Zoning
34
Parking
210 Spaces (6.26 Spaces per 1,000 SF Leased)

About 2500 S 8th Ave , Yuma, AZ 85364

The Property is leased to Yuma Regional Medical Center, Endicott Dialysis, LLC, Integrated Dermatology of Yuma, and SMI Imaging, LLC (“the tenants"). The Property is leased on a triple net basis, with a combined weighted average of 6.7 years lease term remaining and multiple options to renew. The leases provide rental escalations throughout the current terms and continue during the renewal terms. This offering provides a passive investment with limited Landlord maintenance obligations, as well as rental escalations, providing bolstered returns and a hedge against inflation.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
695-01-226
Land Assessment
$17,349
Improvements Assessment
$1,114,241
Total Assessment
$1,131,590
  • Listing ID: 17448272

  • Date on Market: 10/14/2019

  • Last Updated:

  • Address: 2500 S 8th Ave, Yuma, AZ 85364

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