TUCSON, ARIZONA – A California investor purchased the office building at 4745-4753 E. Camp Lowell Drive in the Swan Corporate Center in Tucson for $2.7 million ($209 PSF).
The 12,923-square-feet of rentable space was 100% occupied by three long-term tenants at time of sale. Built in 2001 in Swan Corporate Center, it sits on a 20,935-square-foot lot.
The building had originally been built as a surgical center for Western Neuro Surgery and included three level 3 operating facilities complete with external redundancy generator.
Tenants in place at time of sale were Retina Specialists, Ophthalmology specialists Reid F. Schindler MD and John Christoforidis MD in 4753; Rincon Pain, Randall S. Prust, M.D in 4747; and Center for Pain Management, with El Dorado Hospital, in 4745.
Mark Hays and Patrick Teske of Tierra Antigua represented the seller, Baldunn Investment Company, LLC of Tucson, a private investment group.
Tom DeSollar of Arizona First Properties, LLC negotiated the sale for the buyer, Acosta Farm Properties, LLP of Waterford, California.
For more information, Hays can be reached at 520.444.5401, Teske is at 520.336.2456 and DeSollar should be contacted at 520.400.2732.
To learn more, see RED Comp #6274.