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1st Floor - Unit 100
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Office
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3,487 SF
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$950,000 USD
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Unit Size: 3,487 SF
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Condo Use: Office
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Price: $950,000 USD
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Sale Type: Investment
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Price/SF: $272.44 USD
Sale Notes
The building is a single-tenant medical office with a total area of 3,487 square
feet. It features abundant at-door parking and is conveniently situated adjacent
to “The Loop,” providing ease of access for patients.
Investment Highlights
Cap Rate
9.51 %
Purchase Price
$1,050,000
Simon Med – Medical Condominium For Sale
NNN Lease Investment
National Credit Tenant: www.simonmed.com
3,487SF on .24 AC
Prime Tucson Location
Original Lease 10 Years, Commenced on 6/19/2019
Expiration Date: June 30, 2029
Current NOI: $97,017.36
Three percent (3%) Annual Increases.
Huge Capital Investment from Tenant into the Facility.
Outstanding Upscale Medical Office near Tucson Foothills.
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Bob Broyles
Colliers
