facebook
Traded Co logo
Submit

Sonora Behavioral Health Hospital Acquires Medical Office In Tucson, AZ For $3.9M

Property Image
SOLD
$3,900,000
Thomas Nieman
Jeremy Adams

Arizona

See Similar Deals
Office16,999 SF
Sold 10/11/2021
the dealplayerscompscontact
Property Image
SOLD

Sonora Behavioral Health Hospital Acquires Medical Office In Tucson, AZ For $3.9M

3130 E Broadway Blvd, Tucson, AZ, USA

See Similar Deals
Office16,999 SF
Sold 10/11/2021
Thomas Nieman
Jeremy Adams
the dealplayerscompscontact
Contact now

Summary

ARIZONA
Asset Type:Office
Price Per Square Foot:$229
Total Square Footage:16,999 SF
Transaction Type:Sale

A medical office located at 3130 E. Broadway Blvd in Tucson, AZ has been sold for $3,900,000. The property spans 16,999 square feet, resulting in a price per square foot of $229. The transaction took place on 10/11/2021 and involved the buyer, Sonora Behavioral Health Hospital, and the seller, LC3130 LLC.

Summary of transation details

  • Property Type: Medical Office
  • Transaction Amount: $3,900,000
  • SF: 16,999
  • PPSF: $229
  • Date: 10/11/2021
  • Address: 3130 E. Broadway Blvd, Tucson, AZ
  • Buyer: Sonora Behavioral Health Hospital
  • Seller: LC3130 LLC
  • Buyer's Rep: Jeremy Adams - Jones Lang LaSalle Brokerage
  • Seller's Rep: Thomas Nieman - Cushman & Wakefield

Jeremy Adams from Jones Lang LaSalle Brokerage represented the buyer, Sonora Behavioral Health Hospital, in this transaction. Thomas Nieman from Cushman & Wakefield represented the seller, LC3130 LLC.

Players

Jeremy Adams
JLL
Jeremy Adams
1 deal$3.9M volume
BROKER
Thomas Nieman
Cushman & Wakefield
Thomas Nieman
2 deals$10M volume
BROKER

Details

SOLD
IMAGE: Jeremy Adams & Thomas Nieman DATE: 10/11/2021 ADDRESS: 3130 E. Broadway Blvd MARKET: Tucson, AZ ASSET TYPE: Medical Office BUYER: Sonora Behavioral Health Hospital SELLER: LC3130 LLC BUYER'S REP: Jeremy Adams - Jones Lang LaSalle Brokerage SELLER'S REP: Thomas Nieman - Cushman & Wakefield SALE PRICE: $3,900,000 SF: 16,999 ~ PPSF: $229

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$208,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$13,855.87
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,487.99
Annual Debt Service$221,855.88