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Condo Sells For New Medical Practice At Magee Corporate Center

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  • 2013 Q1 Sales Archive
  • Condo Sells For New Medical Practice At Magee Corporate Center
2013 Q1 Sales Archive
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March 25, 2013
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Karen Schutte
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Aire, LLC (Romeo Esquivel, MD and Ayaaz Ismail, MD) purchased a 2,032 sq. ft. office condominium at 2275 W Magee Rd., Suite #111, for[mepr-show rules="58038"]$257,805 ($126.87 PSF) at the Magee Corporate Center from the developer, Magee Corporate Center, LLC (Wayne Rutschman, manager). Magee Corporate, built in 2007, is at the southwest corner of La Cholla Blvd. and Magee Road, next to the Walmart Supercenter, with recently completed road widening along Mcgee Road. Heater Realty is next door in Suite #112 on the west half of the shared 5,812 sq. ft. building.

The buyers are both gastroenterologists who are going into practice together and will owner occupy the space as a medical office. A gastroenterologist is a specialist in diagnosis and treatment of conditions involving the digestive/gastrointestinal (GI) tract. These doctors are experts on how food moves through the digestive system and is chemically broken down, with nutrients being absorbed and waste excreted.

In the Tucson area, with a population of approximately 982,000 people there are 63 gastroenterologists, which gives it a ratio of 1 gastroenterologist per 15,587 residents or a ratio of 1 gastroenterologist per 6,305 households. There are 397,197 households.

Tom Nieman of Cushman & Wakefield / Picor Commercial Real Estate Services represented the seller, Magee Corporate Center, LLC. Andrew Sternberg of Oxford Real Estate Advisors represented the buyers.

Nieman can be reached at (520) 546-2728 and Sternberg can be contacted at (520) 232-0200.

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