Angelo Gordon & Cypress West Acquire La Cholla Medical Plaza In Tucson For $13.5M
6130 North La Cholla Boulevard
$13,500,000
$199/SF
Building Size
67,731 SF
Asset Type
Medical Office
Closing
Jun 26, 2025
AI
The property asset involved in this transaction is a Class A medical office building located at 6130 North La Cholla Boulevard in Tucson, AZ. The sale, which occurred on June 26, 2025, was finalized for a total of $13,500,000. This medical office spans 67,731 square feet and has a price per square foot of $199. Additionally, the building is currently 80% leased and is situated adjacent to the 300-bed Northwest Medical Center.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $13,500,000
- Address: 6130 North La Cholla Boulevard
- Market: Tucson, AZ
- Square Footage: 67,731
- Price Per Square Foot: $199
- Buyer: Angelo Gordon & Cypress West
- Seller: Healthpeak Properties
The deal was represented for the buyer by Angelo Gordon & Cypress West, while the seller, Healthpeak Properties, was involved in the transaction as well. The acquisition highlights the continued demand for medical office spaces, particularly those with high occupancy rates in strategic locations.
Players
Tucson Medical Office Market Snapshot
Boundary boundary · Medical Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.18%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93