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Single-Tenant Office Medical

Radiology Ltd. Medical Office

450 W Continental Rd, Green Valley, AZ 85622

Listing Price: $3,800,000

Cap Rate
5.50%
Tenant Name
Radiology Ltd.
Years Remaining On Lease
7.0
Guarantor
No Guarantee
Rentable SF
7,225
Lease Type
Absolute Net
Rent Per Square Feet
$28.99

Investment Overview

Marcus and Millichap is pleased to offer for sale the fee simple interest in a 7,225 square feet class A diagnostic medical imaging center asset leased to Tucson Imagining Associates, LLC dba Radiology Ltd. (“Tenant”) in Green Valley, AZ (Tucson MSA). The Asset is subject to an absolute NNN lease structure with +/- 7 years of lease term remaining and healthy annual increases. Radiology Ltd. is the leading imaging services provider in southern Arizona. Founded in 1933, Radiology Ltd. (“Tenant”) provides world-class imaging services to improve the health of all southern Arizonans. The Company’s team of 41 sub-specialized, fellowship-trained, radiologists and over 400 skilled staff members operates 11 outpatient imaging centers. Additionally, the Tenant is the exclusive provider of professional radiology services at two leading hospitals in the greater Tucson market.

Investment Highlights

  • Highly desirable lease fundamentals
  • Tucson's original and market leading radiology company with exemplary customer service
  • Growing imaging services market and migration towards freestanding facilities
  • Below replacement cost

Exclusively Listed By

Financing By

Single-Tenant Office Medical

Radiology Ltd. Medical Office

Listing Price: $3,800,000

Cap Rate
5.50%
Tenant Name
Radiology Ltd.
Years Remaining On Lease
7.0
Guarantor
No Guarantee
Rentable SF
7,225
Lease Type
Absolute Net
Rent Per Square Feet
$28.99

Investment Highlights

  • Highly desirable lease fundamentals
  • Tucson's original and market leading radiology company with exemplary customer service
  • Growing imaging services market and migration towards freestanding facilities
  • Below replacement cost

Investment Overview

Marcus and Millichap is pleased to offer for sale the fee simple interest in a 7,225 square feet class A diagnostic medical imaging center asset leased to Tucson Imagining Associates, LLC dba Radiology Ltd. (“Tenant”) in Green Valley, AZ (Tucson MSA). The Asset is subject to an absolute NNN lease structure with +/- 7 years of lease term remaining and healthy annual increases. Radiology Ltd. is the leading imaging services provider in southern Arizona. Founded in 1933, Radiology Ltd. (“Tenant”) provides world-class imaging services to improve the health of all southern Arizonans. The Company’s team of 41 sub-specialized, fellowship-trained, radiologists and over 400 skilled staff members operates 11 outpatient imaging centers. Additionally, the Tenant is the exclusive provider of professional radiology services at two leading hospitals in the greater Tucson market.

Exclusively Listed By

Financing By

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