Fountain Hills Medical Center
Total Acres:
6.5 Acres
Zoning:
Commercial
Location:
Fountain Hills
Pre Rehab & During Rehabilitation
Property Summary
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A joint venture with several physician groups, this 6.5 acre site is located at the intersection of Saguaro Boulevard and Palisades Parkway, directly across the street from the park containing the famous fountain of Fountain Hills. The buildings were demolished to shell condition, given a contemporary exterior and all new tenant improvements. Result was a first class Medical Office Campus in the center of the City, creating a medical hub.
The Property consists of three (3) buildings of similar size with the total square footage of 50,000, single story in a campus-like setting. It was 96% leased when it was sold to a medical REIT in 2015.