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6231 West Bell Road

Updated Oct 13, 2026

Chris Wyndham Acquires Veterinary Hospital And Dental Office From Thomas Ratke For $4.9M
SOLDMedical Office

Chris Wyndham Acquires Veterinary Hospital And Dental Office From Thomas Ratke For $4.9M

6231 West Bell Road & 17061 North Avenue Of The Arts

$4,900,000

$370/SF

Building Size

13,223 SF

Asset Type

Medical Office

Closing

Sep 26, 2026

About this deal

AI

The transaction involved two healthcare properties: a veterinary hospital and a dental office located at 6231 West Bell Road & 17061 North Avenue of the Arts in the Phoenix MSA. The sale price was $4,900,000, encompassing a total square footage of 13,223 with a price per square foot of $371.

Summary of transaction details:

Daniel Solomon provided exclusive representation for the sale, leading The Solomon Healthcare Advisory Team. He was chosen for his specialization in healthcare real estate and a strong track record in the sector, reflecting trust from his clients during the transaction.

On the Map

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$4,900,000

$370/SF

Medical Office

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Players

Daniel Solomon

Kidder Mathews

Broker

$56.7M

vol

24 deals

Broker

Chris Wyndham

Buyer

$4.9M

vol

1 deal

Buyer

Thomas Ratke

Seller

$4.9M

vol

1 deal

Seller

Glendale Medical Office Market Snapshot

Boundary boundary · Medical Office · Sale transactions

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Deal FAQ

About $370 per square foot on a published $4.9M for 13,223 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.24%

Cash-on-Cash

-0.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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