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Vast Commercial Handles Sale of Net Leased Medical Building in Tucson for $2.2 Million

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  • Vast Commercial Handles Sale of Net Leased Medical Building in Tucson for $2.2 Million
3rd Quarter Sales
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September 22, 2021
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Karen Schutte
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TUCSON, ARIZONA -- Vast Commercial Real Estate Solutions, a full-service commercial real estate and investment brokerage firm, brokered the sale of a single-tenant office building at 9302 East 22nd Street, Tucson, AZ 85710.

Located on 1.575 acres along 22nd Street, west of Harrison Road, the 8,556-square-foot space sold for $2.175 million ($254.21 PSF) on September 8, 2021.

Constructed in 1984, the building was home to Saguaro Eastside Medical Group for 21 years before being redeveloped in 2019 as an autism therapy center for Hopebridge, LLC.

Jon O’Shea of Vast represented the seller, Tucson Portfolio 4, LLC of Tucson, AZ (Rob Fischrup, manager).  The buyer, DIVISM, LLC and Sarabjeet and Ravinder Waraich of Oregon was represented by Sean Westfall, Partner - Echo West Capital Advisors, a Phoenix based investment brokerage specializing in the sale and advisory of net leased assets nationwide.

Vast is a full-service commercial real estate firm that specializes in investment and consulting services. Since its inception in 2008, the company has represented purchasers and sellers in over $100 million dollars of transactions, while having actively leased over 600,000-square-feet in Southern Arizona.

For more information, O’Shea should be reached at 520.624.9400.

To learn more, see RED Comp #9145.

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