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Purchase of Medical Facility

Gary Pepp, Senior Vice President, of Bailes & Associates, Inc. represented Dr. Keith Tokuhara, MD of Desert Vision Center in the purchase of a 4,662/sf medical condominium located at 35-900 Bob Hope Drive, Suite 175, Rancho Mirage, CA

The sale closed August 8, 2018. The purchase price was $1,275,000 ($273.49/SF. Financing was provided by West Valley National Bank in Phoenix AZ. The space will be used by the buyer as his medical facility that will include his surgical center.

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