Leased Flex R&D
For Sale
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3350 E Hemisphere Loop, Tucson, AZ 85706
Fully leased NNN research and development property with a long-term Raytheon tenancy.
Property Size143,650 SF
Days on Market71
Property Features for 3350 E Hemisphere Loop
General Information
Standard status
Active
Size
143,650 SF
Property subtype
FLEX_R_AND_D
Listing Agency:
Cushman & Wakefield | Phoenix
(602) 229-5951
Listed By:
Chris Toci · License #SA109618000
Source:
Moodyscre
Added: Jun 23
Changed: Aug 30
Last Checked: Aug 31 at 12:00AM
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 Cushman & Wakefield | Phoenix
Investment Insights
Based on property information with market context.
This 143,650-square-foot flex property is configured as a research and development facility and is fully leased to Raytheon. The tenant has occupied the building since 2002 under an NNN lease, with the current term extending through March 2032. The lease provides approximately 6.5 years of WALT, subject to the source timing.
Building improvements include approximately 13,500 square feet of classified Dry Lab R&D space completed in 2022. The property is positioned within Tucson’s aerospace and defense corridor, near Raytheon Missiles & Defense headquarters and U.S. Air Force testing facilities. I-10, I-19, and Tucson International Airport are each within five miles. An adjoining 5.78-acre I-1-zoned parcel is offered separately and may be acquired independently or with the facility.
Building improvements include approximately 13,500 square feet of classified Dry Lab R&D space completed in 2022. The property is positioned within Tucson’s aerospace and defense corridor, near Raytheon Missiles & Defense headquarters and U.S. Air Force testing facilities. I-10, I-19, and Tucson International Airport are each within five miles. An adjoining 5.78-acre I-1-zoned parcel is offered separately and may be acquired independently or with the facility.
Key Highlights
- 143,650 SF flex R&D facility fully leased to Raytheon
- Raytheon occupancy dates to 2002; lease term runs through March 2032
- Approximately ±6.5‑year WALT under the existing lease
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
358
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85706, AZ
54,853
Population
19,095
Households
2.9
Avg Household Size
33
Median Age
10%
College-Educated
70%
High-School Grad
13.1 sq mi
ZIP Area
4,187
Density / Sq Mi
$49,072
Median Household Income
$30,977
Median Earnings
$981
Median Rent
$169,600
Median Home Value
Market
Vacancy Rate% for Industrial in Tucson, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Fully leased NNN research and development property with a long-term Raytheon tenancy.
Where is this flex space located?
The property is located at 3350 E Hemisphere Loop Tucson, AZ.
What are key features of this property?
This property features: 143,650 SF flex R&D facility fully leased to Raytheon; Raytheon occupancy dates to 2002; lease term runs through March 2032; Approximately ±6.5‑year WALT under the existing lease
