Sold: West Valley Medical Plaza
HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of West Valley Medical Plaza located in Goodyear, AZ.
West Valley Medical Plaza is a multi-tenant medical office building and outpatient surgery center that is conveniently located approximately 20 miles west of Phoenix Sky Harbor International Airport. The property consists of 34,950 SF and is 100% leased and occupied by best-in-class regional healthcare providers, including Mountain Park Health Center, Phoenix Heart, and Phoenix Spine & Joint.
The anchor-tenant, Mountain Park Health Center, is a multi-specialty medical group that has been providing care to patients for more than 40 years, operating ten (10) clinics throughout the region. Designated as a FQHC, Mountain Park Health Center qualifies for enhanced reimbursement from Medicare and Medicaid, as well as other benefits.
Since its inception in 1981, Phoenix Heart has been the leading cardiology group in the greater Phoenix area with five (5) locations throughout the region and is affiliated with four (4) leading hospitals, including the Abrazo West Valley Hospital. Phoenix Heart’s medical team includes 12 cardiologists and has received numerous local awards in recognition of its dedication to providing high-quality patient care.
Phoenix Spine & Joint and its affiliated outpatient surgery center, Goodyear Surgery Center, is utilized by 36 physicians throughout the region. The ASC offers patients an array of specialized procedures, treating the spine, shoulder, hip, knee, and foot.
West Valley Medical Plaza is situated near a strong and growing population base with an estimated population of 4.9 million residents in the MSA, which saw a 14.9% increase in population from 2010 to 2021. The Property is highly visible and strategically located near the intersection of Loop 303 and Interstate 10, providing exceptional regional access and convenience for patients.
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