17235 Piedmont LLC Acquires Arrowhead Executive Center From Woodside Health For $25.25M
17235 North 75th Avenue
$25,250,000
Building Size
—
Asset Type
Medical Office
Closing
Jul 21, 2026
AI
The transaction involved a medical office asset located at 17235 North 75th Avenue, Glendale, AZ. The property was acquired for a total of $25,250,000. This location is part of the Arrowhead Executive Center, which includes office and medical spaces.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $25,250,000
- Buyer: 17235 Piedmont LLC
- Seller: Woodside Health
- Brokers: Eric Wichterman & Christopher Toci - Cushman & Wakefield
Eric Wichterman and Christopher Toci of Cushman & Wakefield represented Woodside Health in this transaction, highlighting the considerable interest from investors in stable office and medical properties within the Phoenix market.
Players
Charlotte Hall Medical Office Market Snapshot
Boundary boundary · Medical Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.63%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93