Available For Sale - Office

20,337 SF | Show Pricing $

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AVAILABILITY DETAILS

Size
20,337 SF
Price/SF
Show Pricing $
Listing ID
SA399024
Notes
Modern Medical Office Building located between two hospitals, Tucson Medical Center and Carondolet St. Joseph's Hospital. Remodeled in 2015 and several upgrades made in 2017. Parking lot just redone in first quarter 2018 as well as new Suite signage. This is currently 63% leased with an opportunity to upgrade to market rents as tenants roll over in the coming years (or an owner/user could take over a space as needed). Many long-term tenants. Proforma shows upwards of 8.1%++ CAP, which for medical office is excellent.
Uses
Office

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Andrew Ostrander, Ostrander Real Estate Group - KW Commercial