8950 N Oracle Rd - Office FOR SALE


Oro Valley, AZ 85704
$10,750,000 USD
520-780-4743
8950 N Oracle Rd, Oro Valley, AZ for Sale
$10,750,000 USD
Office - FOR SALE
1/13
null | 7.7% Cap Rate

8950 N Oracle Rd
Oro Valley, AZ 85704


OVERVIEW

Vast Commercial Real Estate Solutions is excited to present the sale of 8950 N. Oracle Rd in Oro Valley, AZ—an institutional-grade property built in 2007. This 41,134-square-foot, single-tenant NNN office building is fully leased and serves as the corporate headquarters for Simpleview, a prominent software company now owned by Granicus, Inc. The lease runs through May 31, 2032 and includes two, five (5) year renewal options, making this an attractive investment opportunity for a high-credit tenant with a longterm lease in place.

FOR SALE DETAILS

PRICE

$10,750,000 USD

PRICE/SF

$261 USD /SF

CAP RATE

7.7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

199

LAND DETAILS

LAND ACRES

4.61 AC

LAND SF

200,812 SF

ZONING

C-1, Town of Oro Valley

APN/PARCEL ID

225-12-066E

ASK ABOUT THIS PROPERTY

Jon O'SheaVAST Commercial Real EstateMore Info
520-780-4743

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

Jon O'SheaVAST Commercial Real EstateMore Info
520-780-4743

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