TUCSON, AZ (March 6, 2024) The 1161-1181 N El Dorado Place office building in Tucson sold for $5.62 million ($167.55 PSF). The building is 33,536 square feet in a 3-story building, completed in 1978 on .77 acres off Speedway Blvd. and Wilmot Road. It is a condominiumized building with 12 condos, four per floor.
The property was sold with a single tenant, Pathways of Arizona, a full-service behavioral health agency, occupying the second and third floors with 10,686 square feet on the ground floor available for lease.
The transaction closed on February 20, 2024.
Angelica Dutton with eXp Commercial represented the seller, California-based Catarina of Tucson c/o Christopher Kawaja, manager, and Molly Gilbert with Cushman & Wakefield | PICOR represented the buyer, El Dorado Partnership, LLC c/o Hector Jimenez, manager, is also a licensed real estate agent.
For more information, Dutton should be reached at 520.548.9999, and Gilbert is at 520.546.2766.
To learn more details, see RED Comp #11151.