Tucson, AZ. – Larsen Baker, through its affiliate Brosemont Outparcel, LLC recently acquired the former Macaroni Grill located at 5100 E Broadway Blvd. in Tucson, Arizona. The 7,500-square-foot building was purchased vacant for $1.2 million ($160 PSF).
Upon acquisition, Larsen Baker simultaneously secured a long term lease for the entire building with a national tenant that specializes in primary care and wellness for seniors. The building exterior will be renovated as part of the new lease. This new model for primary care and wellness for seniors on Medicare and Medicaid has recently come to Tucson. The focus is on the overall well-being of patients by concentrating on exercise, diet, and other lifestyle factors.
The buyer, Larsen Baker, through its affiliate, Brosemont Outparcel, LLC was represented by Isaac Figueroa who handled the transaction. Figueroa also handled the lease transaction on behalf of the landlord.
For more information, Figueroa should be reached at 520-296-0200 ext 218.