Updated Nov 6, 2026
Peter Martin Of Insight Medical Realty Acquires El Dorado Medical Plaza In Tucson Arizona
1400 North Wilmot Road
Building Size
182,900 SF
Asset Type
Medical Office
Closing
Nov 6, 2026
About this deal
AI
Insight Medical Realty acquired El Dorado Medical Plaza, a medical office property located at 1400 North Wilmot Road in Tucson, Arizona. The asset spans 182,900 square feet and is situated on 11.77 acres.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: Not disclosed
- Buyer: Peter Martin - Insight Medical Realty
- Seller: Christopher Merrill - Harrison Street; Meridian
- Brokers: Andrew Milne, Evan Kovac, Matt DiCesare & Sam Prendergast - JLL
Sellers Meridian and Harrison Street Asset Management undertook significant building upgrades prior to the sale. The anchor tenant, Tucson Medical Center, recently extended its lease and occupies around 78,000 square feet of the campus.
On the Map
Medical Office
View full map
Players
Tucson Medical Office Market Snapshot
Boundary boundary · Medical Office · Sale transactions
Loading comparables…
Deal FAQ
Browse Tucson medical office sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93