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Free-Standing Medical Office Building
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1261 N Wilmot Rd, Tucson, AZ 85712

Free-standing medical office building with a built-out layout, high-end finishes, and drive-up parking.

Property Size2,858 SF
Price / SF$243.18
Days on Market124

Property Features for 1261 N Wilmot Rd

General Information

Standard status Active
Size 2,858 SF
Property subtype Office
Listing Agency: Oxford Realty Advisors, Inc
Listed By: Doug Marsh · License #AZ BR018593000
Source: Crexi
Added: Mar 31 Changed: Jul 22 Last Checked: Jul 30 at 9:25AM

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 Oxford Realty Advisors, Inc

Investment Insights

Based on property information with market context.

This free-standing medical office building features a well-designed built-out medical office layout with high-end finishes. The property is configured to support medical and office use and includes drive-up parking for convenient access.

The building is located with exposure to Wilmot Rd. near Speedway Blvd. It sits in a major medical/office corridor between TMC and St. Joseph’s Hospital, surrounded by numerous medical offices.

The information provided describes the existing improvements and site access, supporting a purpose-built medical office configuration in a concentrated healthcare and office area.

Key Highlights

  • High‑profile, free‑standing medical office building with exposure to Wilmot Rd.
  • Drive‑up parking for convenient patient/client access.
  • Well‑designed, built‑out medical office layout with high‑end finishes.

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 $61.7k $21.60
− Vacancy −$6.0k −$2.12
EGI $55.7k $19.48
− OpEx −$13.9k −$4.87
NOI $41.8k $14.61
2,858 SF · lease $21.60/SF/yr · vacancy 9.80% · expense 25.00%

Alternative Uses

Best Use
Office B
$596.6K
$522.0K – $696.0K (±1% cap)
NOI $41,762 @ 7.0% cap · market cap 6.01%
Second Best
Healthcare Medical
$543.8K
$475.9K – $634.5K (±1% cap)
NOI $38,069 @ 7.0% cap · market cap 5.48%
Theoretical Best
Office A
$742.4K
$649.6K – $866.2K (±1% cap)
NOI $51,971 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Herrera J Manuel ... Physician

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Grocery & Convenience Store Storage Facility HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,914
Businesses Nearby
Under-served
Demand for This Use

Demographics for 85712, AZ

33,108
Population
18,215
Households
1.8
Avg Household Size
44
Median Age
37%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
4,869
Density / Sq Mi
$48,185
Median Household Income
$39,090
Median Earnings
$947
Median Rent
$250,400
Median Home Value

Market

Vacancy Rate% for Office in Tucson, AZ

8.9% 2019
9.1% 2020
9.6% 2021
10% 2022
8.8% 2023
10.2% 2024
9.5% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Desert Paws Mobile Veterinary Care — 1106 N El Dorado Pl, Tucson, AZ 85710
  • Riccitello Robert J DVM — 5943 E Speedway Blvd, Tucson, AZ 85712

Frequently Asked Questions

What type of property is this?
Medical Office Space - Free-standing medical office building with a built-out layout, high-end finishes, and drive-up parking.
Where is this medical office space located?
The property is located at 1261 N Wilmot Rd Tucson, AZ.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: High‑profile, free‑standing medical office building with exposure to Wilmot Rd.; Drive‑up parking for convenient patient/client access.; Well‑designed, built‑out medical office layout with high‑end finishes.
(520) 232-0200 Call to check price and availability
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