Tucson Office Building For
442 East 7th Street Tucson, AZ 85705
For Sale
$1,152,900
6,588 SF office building in central Tucson location.
Property Size6,588 SF
Lot Size0.28 Acres
Price / SF$175
Days on Market123
Property Features for 442 East 7th Street
General Information
- Standard status
- Active
- Size
- 6,588 SF
- Lot size
- 0.28 Acres
- Property subtype
- Office
Listing Agency:
CBRE | Tucson
(520) 323-5177
Listed By:
John Ash
(520) 323-5177
Source:
Cbre
Added: Mar 25
Changed: Jul 6
Last Checked: Jul 25 at 3:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Tucson
Investment Insights
Based on property information with market context.
This 6,588 square foot building, constructed in 1965, is located in a central Tucson location, minutes from Historic 4th Avenue, Downtown Tucson, and the University of Arizona. The property is zoned C-3 by the City of Tucson and is identified by Assessor Tax Parcel No. 117-05-0850. The site has a land size of approximately 12,197 square feet and includes a dedicated parking lot with a gate and 9 parking spaces. The building can be used as a classroom, office space, or meeting place.
Key Highlights
- Great central location, minutes from Historic 4th Ave, Downtown Tucson and University of Arizona
- Dedicated parking lot with gate
- Total Size: ±6,588 SF
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $130.4k | $19.80 |
| − Vacancy | −$29.3k | −$4.46 |
| EGI | $101.1k | $15.35 |
| − OpEx | −$25.3k | −$3.84 |
| NOI | $75.8k | $11.51 |
6,588 SF · lease $19.80/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.08M
$947.8K – $1.26M
NOI $75,820 @ 7.0% cap · market cap 6.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M
NOI $106,118 @ 7.0% cap · market cap 9.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Tucson Unified School ...
School District Office
FAQs
What type of property is this?
Office units - 6,588 SF office building in central Tucson location.
Where is this office units located?
The property is located at 442 East 7th Street Tucson, AZ.
What is the asking price?
The asking price for this property is $1,152,900.
What are key features of this property?
This property features: Great central location, minutes from Historic 4th Ave, Downtown Tucson and University of Arizona; Dedicated parking lot with gate; Total Size: ±6,588 SF
