Sale Portfolio (2)
PictureProperty Name/AddressSizeYear BuiltIndividual Price

Highlights

• Diverse Tenant Mix: No single tenant accounts for more than 8% of the rent roll, minimizing rollover risk and supporting steady income. • Stable Lease Profile: A weighted average lease term (WALT) of 3.8 years and an optimal average tenant size help ensure low turnover and reliable cash flow. • Favorable Demographics: The property benefits from strong surrounding demographics and a high-growth population base.

Description

Kidder Mathews, as the exclusive advisor, is pleased to offer the opportunity to acquire the fee simple interest in LeCota, a stabilized ±84,658-square-foot multi-tenant office and medical campus located along Bell Road in North Phoenix. The property features a diverse mix of medical and professional tenants, with a weighted average tenure of nearly nine years. Currently ~92.4% occupied by 40 tenants, LeCota generates strong in-place cash flow while still offering value-add potential through additional lease-up and further medical conversion. Strategically situated in the high-demand Deer Valley submarket, the property provides immediate access to the Loop 101, I-17, and SR-51 freeways, ensuring excellent regional connectivity. Its prominent Bell Road frontage delivers strong visibility with high daily traffic counts. Supported by major healthcare facilities, steady population growth, and a highly skilled labor pool, North Phoenix continues to thrive as a destination for a wide range of office and medical users—making LeCota a compelling investment opportunity.

Property Documents

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LeCota Flyer.pdf

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Listing Details

  • Space Type

    Office

  • Sub Category

    Executive

  • Sale Type

    Portfolio Sale

  • Date Listed

    8/18/2025

  • Parking Info

    4.5/1,000 SF

Property Specifics

  • Property Name

    LeCota

  • Property Class

    B

  • Year Built

    1985

  • Building Size

    84,900 SF

  • Lot Size

    6.9 Ac