Sold: Flagstaff MOB & ASC
HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a brand new medical office building and integrated ambulatory surgery center located in Flagstaff, AZ. Recently completed in 2022, the state-of-the-art facility was specially designed and built for Northern Arizona Orthopaedics in partnership with HOPCo.
Cedar Medical Phase I is strategically located in Flagstaff, which has experienced a 19% population increase since the 2010 census. The MOB and ASC is situated between two major hospitals in the region, adjacent to the Rehabilitation Hospital of Northern Arizona and less than one-half mile from Flagstaff Medical Center, and along a major throughfare, connecting the east and west sides of Flagstaff.
The Building is comprised of 26,400 rentable square feet and features two (2) operating rooms. The leased investment is supported by a new 15-year lease demonstrating the Northern Arizona Orthopaedics’ dedication to providing compassionate orthopaedic care for patients throughout Flagstaff and surrounding areas, including their clinic locations in Prescott Valley, AZ and Lakeide, AZ.
Integrated teams of Northern Arizona Orthopaedics specialize in Urgent Ortho, Spine, Foot & Ankle, Hand, Wrist & Elbow, Hip, Knee, Sports Medicine, Shoulder, Arthritis, as well as Physical Medicine and Rehabilitation. With their recent integration in HOPCo, they are now a part of the largest orthopedic group in Arizona and the largest orthopedic value-based care organization in the country.
Representative Transactions
Seasoned Team
