VAIL, ARIZONA (TUCSON) – An affiliate of DMC Dermatology and Mohs (Indy Chabra, MD, PhD, FAAD) purchased a .88 acre pad at Houghton Town Center in Vail, Arizona for $525,000 ($13.75 PSF). Located at 10042 E Old Vail Road, property is directly west of Eegee’s in Houghton Town Center.
The buyer plans to construct a 9,000-square-foot building to occupy 4,000-square-feet and lease the remaining 5,000-square-feet for medical use. Groundbreaking is expected for Q1 2022.
Indy Chabra, MD, PhD, is a Board-certified Dermatologist and a Fellow of the American Society for Mohs Surgery, and a Fellow of the American Academy of Dermatology. He is a founding member of DMC Dermatology & Mohs whose mission is to provide the best Dermatology patient care possible – with excellence in access, quality, and integrity.
Prior to moving to 4715 E Camp Lowell Dr. in Tucson, Dr. Chabra practiced Dermatology for 9-years in Sioux City, Iowa, where he served patients in suburban and rural communities of Iowa, Nebraska and South Dakota. There are now six offices in metro Tucson.
Shannon Murphy with DVI Realty represented the seller, Houghton Developers, LLC and Michael Coretz with Commercial Real Estate Group of Tucson represented the buyer.
Coretz also has the leasing contract for the extra 5,000-square-feet.
For more information, Murphy can be reached at 520. 577.0200 and Coretz should be contacted at 520.299.3400.
To learn more, see RED Comp #9296.