For Sale - Modern Medical Office Building
5700 E. Pima St.
Tucson, AZ 85712
- 20,337 sf medical building
- 2.23 Acres
- Modern Medical Office Building
- Located between two hospitals
- Ample parking
- Remodeled in 2015 and 2017
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 93% 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 7.5%++ CAP, which for medical office is excellent.
Located on Pima Street east of Craycroft, between Tucson Medical Center and Carondolet St. Joseph's Hospital