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Medical Office Condominium For Sale
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1668 W Ina Rd, Tucson, AZ 85704

Well-laid out medical office condominium with multiple rooms.

Property Size4,358 SF
Price / SF$225
Days on Market203

Property Features for 1668 W Ina Rd

General Information

Standard status Active
Size 4,358 SF
Class B
Property subtype Office
Zoning TR
Lease Type NNN

Building Details

Year Built 1985
Buildings 1
Stories 1
Units 1
Listing Agency: Volk Company Commercial Real Estate
Listed By: David Volk · License #AZ BR027227000
Source: Crexi
Added: Mar 18 Changed: Sep 29 Last Checked: Oct 5 at 7:25PM

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 Volk Company Commercial Real Estate

Investment Insights

Based on property information with market context.

This is a medical office condominium featuring a well-designed layout. The space includes 13 exam rooms, large reception areas, a fiber-optic IT room, a lab, an office, and a business office. The property is suitable for medical practices seeking a functional and well-equipped space.

Key Highlights

  • 13 Exam Rooms provide ample space for patient care.
  • Large Reception Areas offer a welcoming environment.
  • Fiber‑Optic IT Room for advanced technology infrastructure.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$63,681
Cap Rate
6.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,273,620 $1.3M
Cap Rate 7%
$909,729 $909.7K
Cap Rate 9%
$707,567 $707.6K
Market Conditions
NOI Build-Up for 4,358 SF
Gross rent
$94.1K $21.60/SF
− Vacancy
−$9.2K −$2.12/SF
EGI
$84.9K $19.48/SF
− OpEx
−$21.2K −$4.87/SF
NOI
$63.7K $14.61/SF
Area
Tucson, AZ
Vacancy
9.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,273,620
Cap Rate 7%
$909,729
Cap Rate 9%
$707,567

Alternative Uses

Best Use
Office B
$909.7K
$796.0K – $1.06M (±1% cap)
NOI $63,681 @ 7.0% cap · market cap 6.49%
Second Best
Healthcare Medical
$829.3K
$725.6K – $967.5K (±1% cap)
NOI $58,049 @ 7.0% cap · market cap 5.92%
Theoretical Best
Office A
$1.13M
$990.6K – $1.32M (±1% cap)
NOI $79,247 @ 7.0% cap · market cap 8.08%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Building Supply Hair Salon Big Box & Wholesale Store Nail Salon Auto Repair Shop Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

592
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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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Similar Off Market Nearby

  • Jackpot Equine Clinic — 6745 N La Cañada Dr, Tucson, AZ 85704
  • Jackpot Small Animal Clinic — 6745 N La Cañada Dr, Tucson, AZ 85704
  • Jackpot Veterinary Center — 6745 N La Cañada Dr, Tucson, AZ 85704
  • Tucson Veterinary Specialists — 1601 W Ina Rd, Tucson, AZ 85704
  • Ina Road Animal Hospital — 7320 N La Cholla Blvd #114, Tucson, AZ 85741

Frequently Asked Questions

What type of property is this?
Medical Office Space - Well-laid out medical office condominium with multiple rooms.
Where is this medical office space located?
The property is located at 1668 W Ina Rd Tucson, AZ.
What is the asking price?
The asking price for this property is $980,550.
What are key features of this property?
This property features: 13 Exam Rooms provide ample space for patient care.; Large Reception Areas offer a welcoming environment.; Fiber‑Optic IT Room for advanced technology infrastructure.
(520) 495-2238 Call to check price and availability
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