10120 N Oracle Rd - Medical FOR SALE


Oro Valley, AZ 85704
$2,802,000 USD
760-622-3225
10120 N Oracle Rd, Oro Valley, AZ for Sale
$2,802,000 USD
Medical - FOR SALE
1/10
null | 7% Cap Rate

10120 N Oracle Rd
Oro Valley, AZ 85704


OVERVIEW

Net Lease – Tenant pays all property expenses direct, Landlord responsible for structure/exterior walls 3% Annual Rent Increases – excellent hedge against inflation Tenant has operated at the site for approximately 20 years and has renewed its lease twice, demonstrating its commitment to this location Affluent Tucson submarket with high average household incomes over $138,000 in a 5-mile radius Located off North Oracle Road, a major thoroughfare through the Tucson area with 46,000 cars passing the property each day Dense Surrounding Population – more than 249,000 residents within 5 miles Adjacent to El Conquistador Resort – a 482,000 square foot Hilton Resort, Golf Course and Spa on 181 acres 1.5 miles north of Canyon Del Oro High School (~1,700 students) 12 miles north of Downtown Tucson

FOR SALE DETAILS

PRICE

$2,802,000 USD

PRICE/SF

$440 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Lot 5

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

54

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,617 SF

ZONING

C-2: Commercial

APN/PARCEL ID

224-31-0160

ASK ABOUT THIS PROPERTY

Matt McNeillSRS Real Estate PartnersMore Info
760-622-3225

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Matt McNeillSRS Real Estate PartnersMore Info
760-622-3225

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.