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1400 North Wilmot Road

Updated Nov 6, 2026

Peter Martin Of Insight Medical Realty Acquires El Dorado Medical Plaza In Tucson Arizona
SOLDMedical Office

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:

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.

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Players

Andrew Milne

JLL

Broker

$784.5M

vol

5 deals

Broker
Peter Martin

Peter Martin

Insight Medical Realty

Buyer

1 deal

Buyer

Christopher Merrill

Harrison Street

Seller

$1.8B

vol

18 deals

Seller

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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