Class A Two-Tenant Office
300 S Craycroft Rd Tucson, AZ 85711
For Sale
Contact for pricing
Institutional-quality Class A office with two tenants at 300 S Craycroft Road in Tucson.
Property Size42,000 SF
Price / SF$225.24
Days on Market47
Property Features for 300 S Craycroft Rd
General Information
- Standard status
- Active
- Size
- 42,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 2006
Listing Agency:
Marcus & Millichap - Phoenix
(954) 547-7212
Listed By:
Tivon Moffitt · License #AZ BR639369000
Source:
Crexi
Added: Jun 9
Changed: Jul 23
Last Checked: Jul 24 at 6:37PM
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 Marcus & Millichap - Phoenix
Investment Insights
Based on property information with market context.
300 S. Craycroft Road is an institutional-quality, Class A office asset offered for sale in Tucson, Arizona. The offering is structured as a stabilized, two-tenant office investment, providing durable in-place cash flow and contractual rent growth through the existing lease arrangements.
The property is presented to investors seeking a commercially established office platform supported by tenants described in the offering materials as institutional and professional users. With two tenants in place, the configuration is designed to support ongoing operating performance and long-term income durability within a supply-constrained office corridor, as characterized in the offering materials.
The property is presented to investors seeking a commercially established office platform supported by tenants described in the offering materials as institutional and professional users. With two tenants in place, the configuration is designed to support ongoing operating performance and long-term income durability within a supply-constrained office corridor, as characterized in the offering materials.
Key Highlights
- Institutional‑quality Class A office asset at 300 S Craycroft Road in Tucson, AZ
- Year built: 2006
- Stabilized investment with two tenants
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 | $907.2k | $21.60 |
| − Vacancy | −$88.9k | −$2.12 |
| EGI | $818.3k | $19.48 |
| − OpEx | −$204.6k | −$4.87 |
| NOI | $613.7k | $14.61 |
42,000 SF · lease $21.60/SF/yr · vacancy 9.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$8.77M
$7.67M – $10.23M
NOI $613,721 @ 7.0% cap · market cap 6.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.91M
$9.55M – $12.73M
NOI $763,741 @ 7.0% cap · market cap 8.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
ICR, Inc.
Corporate Office
Bayview Asset Managment
Bank
Brookline College Tucson ...
Private College
FAQs
What type of property is this?
Office building - Institutional-quality Class A office with two tenants at 300 S Craycroft Road in Tucson.
Where is this office building located?
The property is located at 300 S Craycroft Rd Tucson, AZ.
What is the asking price?
The asking price for this property is $9,460,000.
What are key features of this property?
This property features: Institutional‑quality Class A office asset at 300 S Craycroft Road in Tucson, AZ; Year built: 2006; Stabilized investment with two tenants
