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TEXAS/SOUTHWEST NEWS
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Scottsdale Health Center Building Sells for $3.3 Mil

11/30/12

An 11.4k sf freestanding Arrowhead Health Center building in Scottsdale, AZ sold for $3.3 mil ($289/sf) in a recent sale/leaseback deal. Located at 2629 N. Scottsdale Rd, the property is a new strategic satellite facility for Arrowhead Health and houses an ambulatory surgical center.

Ryan Barr and Ryan Bennett of Lee & Associates’ North San Diego County office repped the buyer, an out-of-state investment firm, in the transaction. The unnamed seller was represented by Marc Bonilla of Colliers in Scottsdale, Ariz.

“This purchase was an opportunity for our investor to obtain not only a well located asset but, an opportunity to work with a highly reputable tenant with a proven track record for success in the Arizona market,” said Bennett.





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