Freestanding Professional Office
New
For Sale
$525,000
3360 N Country Club Rd, Tucson, AZ 85716
Renovated owner-user office with private rooms, meeting space, on-site parking, and flexible furnished delivery.
Property Size2,092 SF
Price / SF$250.96
Days on Market4
Property Features for 3360 N Country Club Rd
General Information
Standard status
Active
Size
2,092 SF
Total Parking Spaces
14
Property subtype
Commercial
Zoning
C-1
Additional Details
Furnished
Yes
Building Details
Year Built
1982
Year Renovated
2021
Buildings
1
Building Size
2,092 SF
Listing Agency:
ABI Multifamily, LLC
Listed By:
Desiree Juul Palmer · License #AZ:SA682872000
(520) 265-1945
Source:
Thetucsonhomefinder
Added: Sep 16
Changed: Sep 19
Last Checked: Sep 19 at 7:23AM
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 ABI Multifamily, LLC
Investment Insights
Based on property information with market context.
This freestanding office property contains 2,092 square feet and will be delivered vacant for an owner-user. The interior includes a reception area, five private offices, eight workstations, two conference rooms, a kitchen, and two restrooms. A movable partition allows the conference rooms to function as one larger meeting area. Furnished delivery is available for users seeking an equipped workspace.
The property includes 14 on-site parking spaces, with two covered spaces, along with two recently replaced HVAC units. New fencing lines the north and south boundaries. Built in 1982 and renovated in 2021, the building carries C-1 zoning and is positioned across from Winterhaven, just north of Fort Lowell Road in central Tucson.
The property includes 14 on-site parking spaces, with two covered spaces, along with two recently replaced HVAC units. New fencing lines the north and south boundaries. Built in 1982 and renovated in 2021, the building carries C-1 zoning and is positioned across from Winterhaven, just north of Fort Lowell Road in central Tucson.
Key Highlights
- 2,092 SF freestanding office building
- Five private offices, eight workstations, and two conference rooms
- 14 on‑site parking spaces, including two covered spaces
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,569
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.82%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$611,380
$611.4K
Cap Rate 7%
$436,700
$436.7K
Cap Rate 9%
$339,656
$339.7K
Market Conditions
NOI Build-Up for 2,092 SF
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.
Gross rent
$45.2K $21.60/SF
− Vacancy
−$4.4K −$2.12/SF
EGI
$40.8K $19.48/SF
− OpEx
−$10.2K −$4.87/SF
NOI
$30.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$611,380
Cap Rate 7%
$436,700
Cap Rate 9%
$339,656
Alternative Uses
Best Use
Office B
$436.7K
$382.1K – $509.5K
NOI $30,569 @ 7.0% cap · market cap 5.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$543.5K
$475.5K – $634.0K
NOI $38,042 @ 7.0% cap · market cap 7.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
777
Businesses Nearby
Explore this area
Business Placement
Demographics for 85716, AZ
31,521
Population
19,025
Households
1.7
Avg Household Size
39
Median Age
42%
College-Educated
92%
High-School Grad
7.2 sq mi
ZIP Area
4,378
Density / Sq Mi
$47,009
Median Household Income
$33,367
Median Earnings
$1,021
Median Rent
$300,900
Median Home Value
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Market
Vacancy Rate% for Office in Tucson, AZ
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Frequently Asked Questions
What type of property is this?
Office building - Renovated owner-user office with private rooms, meeting space, on-site parking, and flexible furnished delivery.
Where is this office building located?
The property is located at 3360 N Country Club Rd Tucson, AZ.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 2,092 SF freestanding office building; Five private offices, eight workstations, and two conference rooms; 14 on‑site parking spaces, including two covered spaces
