WhatsApp Image 2025-07-16 at 7.44.03 PM (1) (1)-modified (1)

    UPTOWN MEDICAL CENTER PHOENIX MSA

     KEY INVESTMENT HIGHLIGHTS
     
    Total Project Capitalization:

    $10 Million

    Target Stabilized YoC: 10.15%

     

    Total Equity Sought: $3.75 Million
    Projected Stabilization Timeframe::
     Year 4/5 (Targeting 90% Occupancy)
     

    Gould Capital is partnered with Streamline Capital Group in seeking $3.75 million of equity for the acquisition and repositioning of Uptown Medical Center, a 73,532 square foot, four-story medical office building located in the Uptown Phoenix corridor. The property is ~45% leased and has undergone $2.5 million in capital improvements, with direct access to the Phoenix Metro Light Rail and proximity to Abrazo Central Hospital. Streamline has negotiated a $7.75 million acquisition with $6.25 million of seller financing, and targets full stabilization by year five through lease-up and conversion to triple-net leases. 

    Investment Summary

    Overview:  Uptown Medical Center is a 73,532 square foot, four-story medical office building located in Phoenix, AZ. The asset is positioned along the Phoenix Metro Light Rail corridor, less than one mile from the Abrazo Central Hospital campus. The property is currently ~45% leased and has received $2.5 million in recent capital improvements, including HVAC, elevator, and interior upgrades. 
     
    Operating Partner:  Streamline Capital Group, headquartered in Phoenix, is a vertically integrated sponsor with a focus on repositioning underperforming office and mixed-use assets. Backed by nearly 30 years of experience and over $400 million in completed transactions, the firm offers in-house leasing, asset management, and construction oversight through its affiliated Streamline Companies. The managing partners are directly involved in the execution of the Uptown Medical Center business plan, providing hands-on leadership and operational oversight.
     
    Business Plan:  The strategy involves completing lease-up over a 24-36 month period while transitioning the rent roll to triple-net leases. The goal is to stabilize occupancy near 90% by year five, enabling a value-driven exit through sale or refinance. Current tenancy and infrastructure improvements de-risk the near-term execution, with NOI growth expected to begin in year three as reimbursements scale and occupancy improves.
     
     
    Deal Highlights:
     
    • $10M all-in capitalization | $2.5M capex already completed by current owner
    • Operational Value Add ~45% leased at acquisition | Targeting 90% stabilized occupancy by Year 5
    • NNN lease conversion strategy | Reduces expense exposure, increases NOI
    • $3.75M equity raise | Seller financing provides unlevered senior position
    • 10.15% stabilized Yield on Cost | Projected Exit CAP of 7%
    My Documents

     

    The materials presented herein are for informational and evaluation purposes only and are intended solely for use by sophisticated institutions and accredited investors. Gould Capital (“GC”) is acting solely in a strategic advisory and consulting capacity and is not a registered broker-dealer, investment adviser, or placement agent. GC does not provide investment recommendations or offer securities for sale, and nothing contained herein shall constitute an offer to sell or a solicitation of an offer to buy any security. All information provided is based on data received from third parties, including project sponsors and operating partners. While GC endeavors to present information believed to be accurate and reliable, GC makes no representation or warranty, express or implied, as to the completeness, accuracy, or timeliness of the information, and assumes no liability for any loss or damage resulting from its use. Any prospective investor must conduct their own independent evaluation, due diligence, and risk assessment before making any investment decision. Participation in any investment opportunity introduced by GC is done at the sole discretion and risk of the recipient, and GC shall not be held responsible for any investment outcomes, financial performance, or business decisions made as a result of these materials. GC’s role is limited to making strategic introductions and supporting deal evaluation and communication processes. Any potential investment must be undertaken pursuant to definitive offering documents provided directly by the sponsor or issuer, who alone bears responsibility for any securities offering. By reviewing these materials, you acknowledge and agree to the foregoing limitations.

    Terms and Conditions 

     Privacy Policy