Custom Law Office
For Sale
Contact for pricing
1980 E Fort Lowell Rd, Tucson, AZ 85719
Office building with upgraded finishes, flexible 1st/2nd-floor layouts, and secure front-and-back parking.
Property Size8,054 SF
Price / SF$186.24
Days on Market59
Property Features for 1980 E Fort Lowell Rd
General Information
Standard status
Active
Size
8,054 SF
Elevators
Yes
Property subtype
OFFICE
Additional Details
Floor
1st & 2nd
Building Details
Tenancy
Single
Owner Occupied
Yes
Listing Agency:
CBRE | Tucson
(520) 307-2336
Listed By:
Jeff Casper
(520) 307-2336
Source:
Moodyscre
Added: Jun 4
Changed: Jul 29
Last Checked: Jul 29 at 3:04AM
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 CBRE | Tucson
Investment Insights
Based on property information with market context.
This custom-designed office building features upgraded finishes and a layout originally tailored for a law firm. The 1st and 2nd floors can be combined for a single user or divided to accommodate a separate tenant. Access includes elevator and stair service to the 2nd floor.
The property is described as having a convenient central location with easy access to the University of Arizona, the Foothills, and nearby dining along “restaurant row.” Secure parking is available both in front and back, supporting tenant and visitor access.
With the ability to operate as one contiguous office space or as separated floor space, the building offers practical flexibility for an owner-user or an investor seeking multi-tenant configuration.
The property is described as having a convenient central location with easy access to the University of Arizona, the Foothills, and nearby dining along “restaurant row.” Secure parking is available both in front and back, supporting tenant and visitor access.
With the ability to operate as one contiguous office space or as separated floor space, the building offers practical flexibility for an owner-user or an investor seeking multi-tenant configuration.
Key Highlights
- Flexible office layout with options to combine the 1st and 2nd floors for a single user or divide for separate tenants
- 2nd floor offers both elevator and stair access
- Upgraded finishes and custom design by a law firm (current owner/user)
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 | $174.0k | $21.60 |
| − Vacancy | −$17.0k | −$2.12 |
| EGI | $156.9k | $19.48 |
| − OpEx | −$39.2k | −$4.87 |
| NOI | $117.7k | $14.61 |
8,054 SF · lease $21.60/SF/yr · vacancy 9.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.68M
$1.47M – $1.96M
NOI $117,688 @ 7.0% cap · market cap 7.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.09M
$1.83M – $2.44M
NOI $146,457 @ 7.0% cap · market cap 9.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
831
Businesses Nearby
Explore this area
Business Placement
Demographics for 85719, AZ
46,242
Population
21,707
Households
2.1
Avg Household Size
27
Median Age
46%
College-Educated
93%
High-School Grad
8.0 sq mi
ZIP Area
5,780
Density / Sq Mi
$41,086
Median Household Income
$17,430
Median Earnings
$1,051
Median Rent
$266,900
Median Home Value
Market
Vacancy Rate% for Office in Tucson, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office building with upgraded finishes, flexible 1st/2nd-floor layouts, and secure front-and-back parking.
Where is this office units located?
The property is located at 1980 E Fort Lowell Rd Tucson, AZ.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Flexible office layout with options to combine the 1st and 2nd floors for a single user or divide for separate tenants; 2nd floor offers both elevator and stair access; Upgraded finishes and custom design by a law firm (current owner/user)
