(Disclosure: Rose Law Group represents Nick Miner.)
MARICOPA, AZ – ORION Investment Real Estate’s JT Taylor and Nick Miner, CCIM reports
representing the seller of the two tenant, net-leased, medical property for $5,150,000, or $572-persquare-foot.
The property was located on the main thoroughfare in Maricopa, John Wayne Parkway, aka Highway 347.
The property was under long term leases with SimonMed Imaging and Heartland Dental.
Maricopa, Arizona, has experienced a surge in population growth since 2010. The City boasts a young
and educated demographic, with a median age of 33 and a high percentage (65.2%) of residents
holding bachelor’s degrees or higher. Maricopa’s residents enjoy a strong financial standing, with
a median household income of $86,000 and a stable housing market reflected in the median home
value of $409,000. This combination of affluence and education creates a prime market for various
businesses, particularly those catering to families, educational institutions, and healthcare providers.
JT Taylor, Vice President at ORION commented, “We had several offers on this property when we
began marketing it for sale. While in escrow, we continued to get calls wanting to know the status.”
Nick Miner, CCIM, Senior Vice President at ORION commented, “This was a great deal for both the
buyer and seller. It is really hard to find quality properties at a good price in today’s investment
market.”
Seller, K&N Investors, LLC, was represented by Taylor and Miner of ORION Investment Real Estate.
Buyer, AUC Investments II, LLC, was represented by James DeCremer at Avison Young.
