The Offering
CBRE has been retained as the exclusive advisor for the sale of a single tenant medical facility 100% occupied by Northwest Allied Physicians, LLC. The property is located on Swan Road just south of Pima Street and approximately one mile from the Tucson Medical Center Campus. This offering allows the investor the opportunity to acquire a strategically located, architecturally appealing medical office building in a highly sought after central Tucson location. The property is occupied by a high quality, credit, medical tenant with a 9+ year lease term with annual rent increases.
Investment Highlights
- Offering Price: $1,942,500
- Cap Rate: 6.00%
- Building Size: ±5,184 SF
- NOI: $116,550
- Year Built: 1983, Remodeled 2014
- Lease Term Remaining: ±9 Years
- Rent Increases: 2.5% Annually
Contact Information
Mike Sandahl
Senior Vice President
+ 1 520 323 5115
michael.sandahl@cbre.com
Martín Encinas
Client Services Specialist
+ 1 520 323 5173
martin.encinas@cbre.com
Northwest QuickMed at Swan is owned by Cotlow-Ash V LLC. Dean Cotlow and Bruce Ash are members of the LLC and are licensed to sell real estate in the state of Arizona.
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