TUCSON, AZ (December 8, 2023) – Tucson's Gospel Rescue Mission (GRM) is expanding after purchasing the industrial/flex building at 3481 E Michigan Street in Tucson. Located off Palo Verde and Michigan in the Palo Verde Industrial Park, Paragon Space Development Corporation previously occupied the 19,231-square-foot building on 1.35 acres most recently.
Built in 1994, the property is .2 mile, within walking distance, from the Center of Opportunity at 4550 S Palo Verde Road.
The assets sold for $1.9 million ($99 PSF).
GRM has no further space to grow at the Center of Opportunity Campus. On Tuesday, Catholic Community Services held a ribbon cutting for a new medical respite center for people experiencing homelessness that was built on the final piece of excess land on the Center of Opportunity campus. The new respite center will have 48 beds and be operational sometime in Q1 2024.
With homelessness continuing to grow, the Gospel Rescue Mission needed more space. They plan to use the new building for warehouse/storage for their thrift store and possibly training rooms.
Gospel Rescue Mission recently partnered with Pima Community College to help people earn their GED while attending PCC and workforce training programs to help individuals get out of homelessness and be self-sufficient. Areas of training include information technology, culinary arts, automotive technology and more.
For more information about Gospel Rescue Mission or to donate go to Nonprofit Donation Tucson | Gospel Rescue Mission (grmtucson.com). Gospel Rescue Mission qualifies for the Arizona Charitable Tax Credit.
To learn more about this transaction, see RED Comp #10980.