New Edison Place Development

MARICOPA, AZ – September 23, 2019

Edison Place is a single-story, NNN, retail PAD occupied by two healthcare tenants. The building is comprised of approximately ±8,958 rentable square feet, providing ample parking spaces (5/1,000) and has a stabilized year-1 NOI of $309,051.

The Building is 100% leased to SimonMed Imaging for its medical imaging outpatient services and Heartland Dental for its dental services. The Building has remaining lease terms of 10 years with NNN lease structures and fixed annual rent increases.