SurgCenter of Tucson – Net-Leased Asset Sells for $1.97 Million

SurgCenter, 3935 E Fort Lowell Rd, Tucson, AZ
SurgCenter, 3935 E Fort Lowell Rd, Tucson, AZ

TUCSON, AZ – Marcus & Millichap (NYSE: MMI) announced the sale of SurgCenter of Tucson, a 6,300-square foot net-leased property located in Tucson, AZ, according to Don Morrow, regional manager of the firm’s Phoenix office. The asset sold for $1.97 million ($312 PSF)

Jamie Medress, Mark Ruble and Chris Lind, investment specialists in Marcus & Millichap’s Phoenix office, had the exclusive listing to market the property on behalf of the seller, a developer, limited liability company.  The buyer, a limited liability company, was secured and represented by Jamie Medress, Mark Ruble and Chris Lind.

SurgCenter of Tucson is located at 3935 East Fort Lowell Road in Tucson, AZ.

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada. The Net Lease Advisory Group offers unparalleled service and expertise to the investment real estate community. Specializing in single tenant net leased, multitenant net leased, sale-leaseback transactions, and portfolio dispositions nationally; the Net Lease Advisory Group is built upon the philosophy of superior service by creating and maintaining excellent client relationships and providing its clients with industry leading market research, advisory and transaction services. The Net Lease Advisory Group has established a nationwide presence with closings in over 39 states, more than $2.2 Billion in sales, and a total of more than 737 closed transactions.

Jamie Medress and Mark Ruble successfully closed 120 transactions in 2015.

For additional information, Medress can be reached at 602.687.6778, Ruble is at 602.687.6766 and Lind can be called at 602.687.6780.

To learn more, see RED Comp #3950.