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Class A Office Condominium Units
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Pending

1885 N Kolb Rd, Tucson, AZ 85715

Two adjacent Class A office condominium units share a common break room and are currently tenant-occupied.

Property Size6,621 SF
Days on Market1043

Property Features for 1885 N Kolb Rd

General Information

Standard status Pending
Size 6,621 SF
Class A
Property subtype Office
Zoning O-2 - City of Tucson
Investment Type Owner/User

Site & Location

Neighborhood La Playa Caliente

Additional Details

Office Units 2

Amenities

common break room

Building Details

Year Built 2002
Buildings 1
Stories 1
Units 2
Listing Agency: Larsen Baker, LLC
Listed By: Isaac Figueroa, CCIM, SIOR · License #AZ BR645511000
Source: Crexi
Added: Dec 15, 2023 Changed: Oct 10 Last Checked: Oct 23 at 5:31AM

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 Larsen Baker, LLC

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Investment Insights

Based on property information with market context.

Class “A” professional office condominium development located at 1885 N Kolb Rd. The property consists of two adjacent condominium units that share a common break room. The space was initially built out for a mortgage company and a title company.

The two units are currently occupied by Altitude Home Loans, and the tenant will vacate at closing. This property is part of a condominium office development on Kolb Rd between Grant Rd and Speedway Blvd.

As presently configured, the offering provides contiguous office space within two adjacent units, with a shared break room connecting the layouts.

Key Highlights

  • Class A professional office condo development on Kolb Rd between Grant Rd & Speedway Blvd
  • 2 adjacent office condominium units built in 2002
  • Units share a common break room

Property Analytics

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Current Use

Gary Franks Altitude ... Loan Service Matt Meister Mortgage Loan Service V.I.P Mortgage Inc Bank Altitude Home Loans Loan Service Jennifer Row, Loan ... Loan Service

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Daycare Center Electrical Service Furniture & Home Goods Catering 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.

Lease Details

2
Office units

Location Intelligence

Trade Area within ½ mile

1,622
Businesses Nearby

Demographics for 85715, AZ

18,561
Population
9,678
Households
1.9
Avg Household Size
51
Median Age
47%
College-Educated
95%
High-School Grad
6.6 sq mi
ZIP Area
2,812
Density / Sq Mi
$82,651
Median Household Income
$48,259
Median Earnings
$1,368
Median Rent
$330,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Office unit - Two adjacent Class A office condominium units share a common break room and are currently tenant-occupied.
Where is this office unit located?
The property is located at 1885 N Kolb Rd Tucson, AZ.
What are key features of this property?
This property features: Class A professional office condo development on Kolb Rd between Grant Rd & Speedway Blvd; 2 adjacent office condominium units built in 2002; Units share a common break room
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