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6130 North La Cholla Boulevard

Angelo Gordon & Cypress West Acquire La Cholla Medical Plaza In Tucson For $13.5M
SOLDMedical Office

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

Cypress West Partners
Cypress West PartnersBuyer
Healthpeak Properties
Healthpeak PropertiesSeller

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