Map of Property

For Sale

2145 E Baseline Rd

2145 East Baseline Road, Tempe, AZ 85283

2145 E Baseline Road is a single-tenant medical office building used for administrative offices and an approximately 3,000 SF urgent care clinic. Situated on 4.61 acres in Tempe, Arizona, the property is 100% leased to NextCare Arizona LLC. NextCare has invested approximately $4 million in tenant improvements and operates under a double-net lease through August 31, 2033. The lease structure requires the tenant to pay all operating expenses, while the landlord is responsible only for the roof (which is new and under warranty) and ordinary structural maintenance. The property offers long-term stable cash flow with a weighted average lease term of 7.58 years and a corporate guaranty from NextCare Inc and CellTower income from T-Mobile.2145 E Baseline Road is a single-tenant medical office building used for administrative offices and an approximately 3,000 SF urgent care clinic. Situated on 4.61 acres in Tempe, Arizona, the property is 100% leased to NextCare Arizona LLC. NextCare has invested approximately $4 million in tenant improvements and operates under a double-net lease through August 31, 2033. The lease structure requires the tenant to pay all operating expenses, while the landlord is responsible only for the roof (which is new and under warranty) and ordinary structural maintenance. The property offers long-term stable cash flow with a weighted average lease term of 7.58 years and a corporate guaranty from NextCare Inc and CellTower income from T-Mobile.

Key features

  • 100% leased to NextCare through August 31, 2033.
  • 4.61-acre site
  • Annual cell tower income: $11,595.72 with T-Mobile West LLC.
  • Corporate guaranty by NextCare Inc.
  • Double net lease: tenant pays operating expenses (utilities, HVAC, repairs); landlord responsible only for roof (new and under warranty).
  • Five-year step-up: $21.50/PSF ($1,008,952 annual) through August 31, 2026; $23.50/PSF ($1,102,808 annual) thereafter.
  • Tenant improvements ±$4M; includes $2M improvement allowance.
  • Two five-year renewal options with 2% annual increases.
  • Updated to 46,928 SF including ±3,000 SF urgent care and administrative offices.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

Stuart Milne

Menlo Group

Building Details

  • For Sale Call for Pricing
  • Property Type Office - General Office
  • Property Size 46,928 SF
  • Lot Size 4.61 Acre
  • Building Class B
  • Year Built 1993
  • Date Updated Jun 29, 2026

Attachments

Getting Around

  • Walk Score ®

    Car-Dependent (45)

  • Transit Score ®

    Some Transit (33)

  • Bike Score ®

    Bikeable (61)
Powered by Walk Score ®

Location

  • City Tempe, AZ
  • Neighborhood Optimist Park
  • Zip Code 85283
  • Market Phoenix

Points of Interest

Smith-Martin/ Apache Blvd

2.62 miles

Price-101 Fwy/ Apache Blvd

2.64 miles

McClintock/ Apache Blvd

2.70 miles

Dorsey / Apache Bvd

2.88 miles

Dorsey/ Apache Blvd

2.88 miles

Sycamore/ Main St

2.96 miles

Rural Rd / Apache Blvd

3.11 miles

Paseo Del Saber / Apache Blvd

3.25 miles

College Ave / Apache Blvd

3.46 miles

Fry's Fuel Center

0.60 miles

QuikTrip

1.07 miles

Circle K

1.27 miles

Arco

1.35 miles

Volta

1.46 miles

Tesla Supercharger

1.50 miles

Blink

1.71 miles

Chevron

2.05 miles

The Mesa Tower

2.48 miles

Brown 3

1.30 miles

Blue 2

1.31 miles

Radiation Oncology Patient Parking

1.33 miles

Blue 3

1.35 miles

Brown 2

1.36 miles

Brown 1

1.37 miles

Yellow 2

1.37 miles

Red 1

1.45 miles

Green 5

1.46 miles

Clean Freak Car Wash

1.47 miles

Cobblestone Auto Spa

2.07 miles

Oasis Car Wash

2.20 miles

A-1 Car Wash

2.36 miles

Wash Werks Express

2.40 miles

Broadway Hand Car Wash

2.67 miles

Raceway Express Car Wash

2.71 miles

Sun Devil Car Wash

2.78 miles

InstaCar Rentals

2.88 miles

Mandarin House

0.62 miles

Little India Chaat & Restaurant

0.65 miles

Señor Taco

0.66 miles

China Town Buffet

0.69 miles

Peter Piper Pizza

0.73 miles

Chutneys Indian Cuisine

0.76 miles

Raising Cane's

0.77 miles

El Pollo Loco

0.82 miles

Drunken Tiger

0.97 miles

Fry's Food and Drug

0.89 miles

Korea Market

1.04 miles

Albertsons

1.13 miles

Baiz Fresh Foods

1.18 miles

ALDI

1.31 miles

Ross

1.39 miles

US Foods Chef's Store

1.43 miles

Trader Joe's

1.44 miles

Sprouts Farmers Market

1.49 miles

Tao of Women Clinic

0.06 miles

Health First Primary Care

0.07 miles

Affiliated Dermatology

0.07 miles

Pioneer Cardiovascular Consultants

0.07 miles

Cardio Vascular Institute of Arizona

0.09 miles

Arizona Surgical Specialists Center

0.33 miles

The Pain Center of Arizona

0.34 miles

Arizona Cardiology Group

0.35 miles

Arizona Neurology Care

0.35 miles

2145 East Baseline Road Listing Summary

  • What is the asking price at 2145 E Baseline Rd?

    The asking price for 2145 E Baseline Rd is currently available on demand. Contact the listing broker for details.

  • What is the total size of 2145 E Baseline Rd?

    2145 E Baseline Rd has a total of 46,928 square feet.

  • What is the year built for 2145 E Baseline Rd?

    The year built for 2145 E Baseline Rd is 1993.

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