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7490 N Oracle Rd - Bldg 2 @ Oracle-Ina Professional Plaza 11,096 SF Office/Medical Condo Unit Offered at $5,100,000 in Tucson, AZ 85704

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INVESTMENT HIGHLIGHTS

  • 100% leased with strong tenant, ensuring guaranteed rental income
  • High-demand medical facility with specialized outpatient services
  • Absolute net lease, transferring operational costs to the tenant
  • Recession-resistant sector, providing low-risk, stable returns

EXECUTIVE SUMMARY

MedCore Partners has been exclusively retained to offer qualified investors the opportunity to acquire this fully leased medical outpatient center located at 7490 North Oracle Road, Suite 200, Tucson, Arizona. The 11,960 square-foot property, consisting of an ambulatory surgery center and medical office building, is secured by a long-term absolute net lease with GI Alliance, a leading operator in gastroenterology. The facility specializes in outpatient endoscopy services and is equipped with: • 3 Procedure rooms • 3 Discharge beds • 4 Pre-op bays • 5 Post-Anesthesia Care Unit (PACU) beds • 8 Exam rooms for clinical consultations and follow-up care The long-term, absolute net lease ensures stable and predictable cash flow for investors, as operational and maintenance responsibilities fall on the tenant.

PROPERTY FACTS Under Contract

Total Building Size 24,318 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class B
Floors 2
Typical Floor Size 12,159 SF
Year Built 2022
Lot Size 0.56 AC
Zoning TR, County - Transitional Zoning District, TR

AMENITIES

  • Signage

1 UNIT AVAILABLE

Unit 200

Unit Size 11,096 SF
Price $5,100,000
Price Per SF $459.63
Condo Use Office/Medical
Sale Type Investment
Sale Status Under Contract
Cap Rate 6.48%
NOI $330,348
DESCRIPTION

GIA Tucson is a prime medical office condominium located in Tucson, Arizona, offering a well-structured blend of clinical and surgical space. The property consists of 4,960 square feet of dedicated medical office space with 8 exam rooms, complemented by a state-of-the-art 7,000-square-foot Endoscopy Center, inclusive of 3 procedure rooms, 4 pre-op bays, 5 PACU, and 3 discharge beds

SALE NOTES

The condominium is under a long-term, absolute net lease with GI Alliance, the largest gastroenterology group in the country. This ensures a stable and reliable income stream, making GI Alliance of Tucson a standout investment opportunity.
        

  • 100% leased with a strong tenant, ensuring guaranteed rental income
  • Absolute net lease, transferring operational costs to the tenant
  • High-demand medical facility with specialized outpatient services
    Recession-resistant sector, providing low-risk, stable returns
          
    This investment provides a rare opportunity for investors seeking steady cash flow and security in the robust, recession-proof healthcare real estate sector.

Prime Medical Condominium - Suite 200
Eight Exam Rooms Available - Suite 200
Private Calming Rooms for Patients - Suite 200
Spacious Waiting Areas - Suite 200
Ample Storage at Reception Desks - Suite 200

+6 More

Pre-Op Bays On-Site - Suite 200
View Photo Prime Medical Condominium - Suite 200
View Photo Eight Exam Rooms Available - Suite 200
View Photo Private Calming Rooms for Patients - Suite 200
View Photo Spacious Waiting Areas - Suite 200
View Photo Ample Storage at Reception Desks - Suite 200
View Photo Pre-Op Bays On-Site - Suite 200
View Photo Outpatient Endoscopy Services - Suite 200
View Photo Abundant Exam and Procedure Rooms - Suite 200
View Photo Well Maintained Facilities - Suite 200
View Photo Storage -Filled Breakrooms - Suite 200
View Photo Mingle and Unwind in Staff Lounge - Suite 200

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
4,107
43,460
150,724
2024 Population
4,114
44,098
152,125
Population Growth '20-'24
0.2%
1.5%
0.9%
2020 Households
1,861
19,649
66,870
2024 Households
1,854
19,996
67,445
Household Growth '20-'24
-0.4%
1.8%
0.9%
Average Age
45
46
43
Median Household Income
$75,968
$75,569
$66,144
Daytime Employees
8,708
25,480
76,443
Total Businesses
1,155
3,842
9,263
College Degree + Higher
45%
48%
39%

NEARBY AMENITIES

HOSPITALS

Northwest Medical Center Acute Care 8 min drive 4.2 mi
Oro Valley Hospital Acute Care 12 min drive 7.5 mi
Banner - University Medical Center Tucson Campus Acute Care 17 min drive 8.9 mi
St. Mary's Hospital Acute Care 19 min drive 9.6 mi
Tucson Medical Center Acute Care 20 min drive 11.5 mi

RESTAURANTS

Reilly Craft Pizza & Drink American $$$ 7 min walk
Jeremiah's Italian Ice Ice Cream - 7 min walk
Nothing Bundt Cakes - - 7 min walk
Truland Burgers & Greens Fast Food $ 7 min walk
Jersey Mike's Subs - - 8 min walk
Barrio Queen Mexican $ 8 min walk
Pure Poke & Prep - - 8 min walk
Magpies Gourmet Pizza Pizza $ 8 min walk
Coco's Bakery - - 8 min walk
The Bagel Joint Bagels $ 8 min walk

RETAIL

Goodwill Dollar/Variety/Thrift 6 min walk
Board & Brush Creative Studio Art/Crafts 7 min walk
Plato's Closet Unisex Apparel 7 min walk
The Good Feet Store Other Retail 8 min walk
Whole Foods Market Supermarket 13 min walk
Club Champion Sporting Goods 14 min walk
Pure Barre Fitness 13 min walk
Safeway Supermarket 15 min walk
Orangetheory Fitness Fitness 15 min walk
Chico's Ladies' Apparel 16 min walk

HOTELS

Hampton by Hilton
109 rooms
6 min drive
Wyndham Grand
241 rooms
6 min drive
TownePlace Suites
76 rooms
6 min drive
Hilton
428 rooms
9 min drive
Holiday Inn Express
105 rooms
11 min drive

SALE ADVISORS

SALE ADVISORS

Kyle Libby, Partner
Kyle Libby founded MedCore Realty, LLC in April of 2011 which has since become MedCore Partners (MedCore). Within MedCore, Mr. Libby is responsible for new business development, client relationship management, and operations.
As a medical real estate specialist, Mr. Libby has represented hospital systems, REIT’s, healthcare operating companies, and more than 1,200 physicians for all their real estate needs, including but not limited to acquisitions, dispositions, development, tenant and landlord representation, construction management, and feasibility studies. Mr. Libby has successfully marketed, leased, acquired, and/or developed over 100 medical office buildings totaling over 5,000,000 square feet throughout California, Utah, Nevada, New Mexico, Oklahoma, Texas, Louisiana, and Missouri.
Prior to MedCore Realty, Mr. Libby was Vice President of Leasing and a member of the national Healthcare Advisory Group for PM Realty Group (PMRG), where he lead business development and leasing transactions for both PMRG’s medical portfolio and the company’s third-party clientele in North Texas, Oklahoma and Missouri.
Before his contributions to PMRG, Mr. Libby was a Senior Leasing Associate with The Cirrus Group where he lead two associates and the marketing and leasing of a 1,000,000 square foot portfolio for one of the nation’s largest REIT’s throughout California, Utah, Nevada, Oklahoma, and Texas.
D CEO Magazine has named Mr. Libby a Power Broker in 2021, 2020, 2019,2018, 2017, and 2011 recognizing his production within Dallas/Fort Worth medical real estate market. In 2009, Black’s Guide named him in its Top 35 Under 35 list. Within the same year, Mr. Libby was recognized as PMRG’s Top Producer for Dallas/Fort Worth Market. In addition, Mr. Libby was the Top Producer with The Cirrus Group in 2006 & 2005.
Mr. Libby holds a Bachelor of Science degree from Texas Tech University. He is a licensed Real Estate Broker in the state of Texas and is a member of several real estate organizations
Michael Collins, Managing Director of Brokerage
Michael Collins joined MedCore Partners in May of 2014. As Senior Vice President, Mr. Collins is responsible for new business development, de-novo projects, brokerage, and client relationship management.
As a medical real estate specialist, Mr. Collins has worked with large healthcare systems, REIT’s, healthcare operating companies, and hundreds of physicians for all their real estate needs. Mr. Collins has expertise in acquisitions, dispositions, development, tenant and landlord representation, construction management, hospital operations, and feasibility studies.
Most recently, Mr. Collins worked for Texas Health Resources (“THR”), one of the largest faith-based nonprofit health care delivery systems in the United States and the largest in North Texas in terms of patients served. He represented THR’s interest in 250+ locations all over north Texas, with lease space in excess of 1,400,000 square feet. During his time with THR he executed lease transactions with a value in excess of $300 million and handled construction management of capital projects of more than $7 million. He also worked with hospital executives with strategic planning and initiatives for de-novo development projects.
Before his contributions to Texas Health Resources, Mr. Collins held several roles during his tenure at The Cirrus Group including a leasing representative, asset manager and development manager. He handled all phases of the delivery of healthcare real estate assets from business development and relationship management to directing design, leasing, finance and construction teams through the completion of Cirrus projects. This includes sourcing projects, site selection, negotiating leases, performing due diligence, arranging equity and debt financings, structuring partnerships, and instituting operational efficiencies post-closing to disposition. Over his career, Mr. Collins has successfully marketed, leased, acquired, and/or developed 25 assets in 5 states (Texas, Oklahoma, Nevada, Utah and Louisiana).
Mr. Collins holds a BBA in real estate finance from the Cox School of Business at Southern Methodist University. He is a licensed Real Estate Broker in the state of Texas and is a member of several real estate organizations.
  • Listing ID: 37025858

  • Date on Market: 7/30/2025

  • Last Updated:

  • Address: 7490 N Oracle Rd, Tucson, AZ 85704

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