former Specialty Hospital BUILDING FOR SALE or LEASE
Vacant & ready for its next specialty healthcare operations
former Specialty Hospital BUILDING FOR SALE or LEASE
Vacant & ready for its next specialty healthcare operations
WHat to expect?
Faster ramp up to operations at way low cost than building a new one
Faster ramp up to operations at way low cost than building a new one
Faster ramp up to operations at way low cost than building a new one
- 48,459-square-foot healthcare facility
- Fully built out
- Convenient pull-up parking
- Covered loading area
- Meticulously maintained property with exceptional curb appeal and lush landscaping
- Ideal for use as acute care hospital, skilled nursing, or assisted living
This former Specialty Hospital is presented to the market in vacant condition, ready for its next specialty healthcare operations.
Single level With Nurse Stations, Lounges and Pods
Faster ramp up to operations at way low cost than building a new one
Faster ramp up to operations at way low cost than building a new one
- Six pods, each offering 11 rooms.
- Six lounges with sky-high ceilings
- Four massive courtyards
- 100 beds and 66 units
- Full commercial kitchen
- Lots of office spaces
- Earmarked spaces for Pharmacy, Dialysis center, Rehab gym
- Hospital-grade room set up - Med gas, and Oxygen in every room
Supportive city, community, ready for quick occupancy. Save time and resources to open the facility
60 ROOMS - 4.5 ACRES - FULL COMMERCIAL KITCHEN - DINING AREA - 4 courtyards - 0.8 miles from hospital - SPACIOUS HALLWAYS - LARGE LOUNGES
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Why SunCity?
A very large senior population — high demand
- The median age in Sun City is about 72.5 years
- ~75% of the population is 65 or older
- Because of that demographic structure, there is likely to be sustained demand for geriatric care, chronic disease management, physical therapy, long-term care, assisted living, and other senior-oriented medical services — more so than in a “typical” city with a younger population..
Staffing Access
Cities/suburbs from which you could draw staff or clientele from :
- Peoria, Arizona~2–3 miles SE
- El Mirage, Arizona~3 miles W
- Youngtown, Arizona~2 miles W/SW
- Sun City West, Arizona~6 miles NW
- Surprise, Arizona~4–5 miles NW
- Glendale, Arizona~6–7 miles SE
- Goodyear, Arizona~10–12 miles SW
Broad catchment area from which to recruit staff — nurses, therapists, aides, administrative staff and patients/clients.
What types of healthcare businesses seem well-suited?
- Assisted-living
- Physical therapy / rehabilitation services (post-surgery, mobility/muscle maintenance)
- Memory-care, Alzheimer’s/dementia-related care or specialist services
- Palliative care, hospice, or end-of-life care services
FLOOR PLAN
Value-add Opportunity
Highly-desirable Location For Healthcare
- Exceptional Connectivity: Just 0.8 miles from Banner Boswell Hospital, 5-mins from the Loop 101 and 30-mins from the airport
- Premium Locale: Situated in a highly supportive area that perfectly complements the property's build-out and uses.
- Target Demographics: Located in an area with the country's strongest senior population, with 74.4% of residents aged 65+
- Healthcare Revenue: The 5-mile radius generates approximately $171.9 million annually in healthcare revenue
Relentless Core Team
Kiran Vedantam
- 20+ Years of Industry Leadership: Seasoned entrepreneur with over 20 years of experience spanning real estate, mortgage, construction, and hospitality.
- Ethical & Community-Focused: Proven record of ethical leadership and significant positive community impact.
- Strategic Business Acumen: Successfully founded and navigated the acquisition of Vertex Home Loans, showcasing sharp business strategy.
- Complex Transaction Expertise: Founded Kosh Realty, representing thousands of clients in complex real estate transactions since 2005.
- Investment & Financing Authority: Demonstrated ability to optimize complex residential and commercial financing and provided private funding for ground-up construction projects.
- Investment Strategy Leadership: Founder of the Passive Income Real Estate Group, providing leadership in advanced real estate investment strategies.
- Healthcare & Ownership Transfer: Former Managing Partner of Sacred Heart Hospice, successfully overseeing the final ownership transfer.
- Thought Leader & Honoree: Best-Selling Author ("Cracking the Code to Success") and recipient of multiple honors, including the Arizona Real Estate Achievement Award (2013).
- LinkTree - http://linktr.ee/kiranvedantam
Sunil Godavarthi
- Real Estate Portfolio Management: Experienced in acquiring, adding value-adding, and selling distressed properties within a diverse portfolio.
- Multi-State Property Oversight: Successfully managed and optimized a portfolio of multi-family properties across multiple states.
- Cost Optimization Expert: Led multiple large-scale renovations, achieving significant rehabilitation cost reductions through construction expertise and strategic negotiations.
- Fortune 500 Leadership: Served as a Site Lead Head of Engineering at top-tier organizations, bringing extensive executive leadership expertise.
- Tech Leadership (Microsoft): Held senior leadership roles, including at Microsoft, focusing on large-scale engineering and operational excellence.
- Tech Leadership (Amazon): Provided critical Head of Engineering leadership and strategic direction at Amazon (or similar Fortune 500 company).
- Healthcare Platform Development: Spearheaded the development of next-generation healthcare platforms for performant, resilient, and scalable architecture.
- Data & Infrastructure at Scale: Led the building of high-volume data processing pipelines using cutting-edge open-source technologies.