Medical Office Suite in
1980 W Hospital Drive Unit 300 Tucson, AZ 85741
1980 W Hospital Drive Unit 300, Tucson, AZ, 85741
$256,000
For Sale
$256,000
Third-floor doctor’s suite includes exam rooms, private offices, and waiting and reception areas with service windows.
Property Size1,280 SF
Price / SF$200
Days on Market548
Property Features for 1980 W Hospital Drive Unit 300
General Information
- Standard status
- Active
- Size
- 1,280 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1986
Listing agency
Bowles Realty and Investments LLC
(520) 404-8989
Listed by
Charles Bowles
(520) 404-8989
Source
Xome
Added: Jan 19, 2025 Updated: Jul 21 at 7:19AM Checked: Jul 21 at 7:19AM
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 Bowles Realty and Investments LLC
Investment Insights
Based on property information with market context.
This for-sale doctor’s suite is located on the third floor of a three-story building and is positioned as the first suite you reach when exiting the elevator. The space includes two private doctors’ offices, three exam rooms, a comfortable waiting room, and a reception area with two service windows. Additional improvements include a kitchen and a dedicated bathroom.
Access to the hospital is from the first floor, and convenient surface and garage parking is available. All showings are by appointment.
The suite offers a turnkey medical office layout designed around patient flow, with multiple exam rooms supported by reception, waiting, and private office space.
Access to the hospital is from the first floor, and convenient surface and garage parking is available. All showings are by appointment.
The suite offers a turnkey medical office layout designed around patient flow, with multiple exam rooms supported by reception, waiting, and private office space.
Key Highlights
- 1,280 SF third‑floor doctor’s suite at 1980 W Hospital Drive, Suite 300, Tucson, AZ 85741
- Includes 2 private doctor’s offices and 3 exam rooms
- Waiting room, reception area, and kitchen plus bathroom
Local 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 | $27.6k | $21.60 |
| − Vacancy | −$2.7k | −$2.12 |
| EGI | $24.9k | $19.48 |
| − OpEx | −$6.2k | −$4.87 |
| NOI | $18.7k | $14.61 |
1,280 SF · lease $21.60/SF/yr · vacancy 9.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$267.2K
$233.8K – $311.7K
NOI $18,704 @ 7.0% cap · market cap 7.31%
Second Best
Healthcare Medical
$243.6K
$213.1K – $284.2K
NOI $17,050 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$332.5K
$291.0K – $387.9K
NOI $23,276 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Northwest PreProcedural Screening
Hospital
Kartchner Zane A MD
Physician
Ray Adam D ...
Physician
Dr. Arnold B. ...
Physician
Dr. Heath Tennyson
Physician
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FAQs
What type of property is this?
Medical Office Space - Third-floor doctor’s suite includes exam rooms, private offices, and waiting and reception areas with service windows.
Where is this medical office space located?
The property is located at 1980 W Hospital Drive Unit 300 Tucson, AZ.
What is the asking price?
The asking price for this property is $256,000.
What are key features of this property?
This property features: 1,280 SF third‑floor doctor’s suite at 1980 W Hospital Drive, Suite 300, Tucson, AZ 85741; Includes 2 private doctor’s offices and 3 exam rooms; Waiting room, reception area, and kitchen plus bathroom
