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Single-Tenant Medical Office
For Sale
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Pending

575 E River Rd, Tucson, AZ 85704

Healthcare facility with laboratory and pharmacy components under a long-term NNN sale-leaseback structure.

Property Size22,176 SF
Days on Market142

Property Features for 575 E River Rd

General Information

Standard status Pending
Size 22,176 SF
Property subtype Office

Building Details

Year Built 1985
Tenancy Single
Owner Occupied Yes
Listing Agency: JLL Phoenix
Listed By: Nick Franklin · License #AZ0138
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 3:58PM

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 JLL Phoenix

Investment Insights

Based on property information with market context.

The property is a 22,176-square-foot medical office facility at 575 E River Rd in Tucson, Arizona. Built in 1985, the single-tenant building includes laboratory and pharmacy components and has been owned and operated by Banner Health for more than two decades.

The asset is positioned in the North Tucson/Oro Valley submarket of Metro Tucson, approximately five miles from the University of Arizona. The transaction includes a 10-year sale-leaseback with triple-net lease terms and 3.0% annual increases. Banner Health is identified as the occupying tenant, and the property is offered as a fee-simple interest.

Key Highlights

  • 22,176‑square‑foot single‑tenant medical office facility
  • Laboratory and pharmacy components included
  • Built in 1985 and operated by Banner Health for more than two decades

Property Analytics

Current Use

The University of Arizona Health ... Hospital Banner Home Medical ... Medical Supply Store Banner Home Care Home Health Care Service Banner Home Infusion Home Health Care Service

Suggested Use

Top Pick HVAC Service Electrical Service Kitchen & Bath Showroom Auto Repair Shop Building Supply Grocery & Convenience Store

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,168
Businesses Nearby
Well-served
Demand for This Use

Demographics for 85704, AZ

34,430
Population
17,827
Households
1.9
Avg Household Size
49
Median Age
51%
College-Educated
95%
High-School Grad
18.2 sq mi
ZIP Area
1,892
Density / Sq Mi
$76,915
Median Household Income
$43,684
Median Earnings
$1,424
Median Rent
$389,000
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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Healthcare facility with laboratory and pharmacy components under a long-term NNN sale-leaseback structure.
Where is this medical office space located?
The property is located at 575 E River Rd Tucson, AZ.
What are key features of this property?
This property features: 22,176‑square‑foot single‑tenant medical office facility; Laboratory and pharmacy components included; Built in 1985 and operated by Banner Health for more than two decades
(602) 282-6300 Call to check price and availability
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