VA-Occupied Office
3920 W LINDA VISTA BLVD Tucson, AZ 85742
3920 W LINDA VISTA BLVD, Tucson, AZ, 85742
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For Sale
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Office building offered as a zero-cash-flow structure with Department of Veterans Affairs tenancy.
Property Size24,075 SF
Price / SF$477.89
Days on Market77
Property Features for 3920 W LINDA VISTA BLVD
General Information
- Standard status
- Active
- Size
- 24,075 SF
- Property subtype
- Office
Building Details
- Year Built
- 2021
Listing agency
Thomas Company
Listed by
Jeffrey Thomas · License #WA 116180
Source
Crexi
Added: May 7 Updated: Jul 20 at 9:05PM Checked: Jul 21 at 12:54PM
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 Thomas Company
Investment Insights
Based on property information with market context.
This office building is offered as a zero-cash-flow structure with the Department of Veterans Affairs as the tenant. The listing notes an investment-grade tenant profile with an S&P rating of AA+.
The property is located at 3920 W Linda Vista Blvd in Tucson, AZ 85742. The building totals 24,075 square feet.
For buyers seeking an office asset with a single, credit-highlighted tenant, this offering presents a straightforward, income-focused investment format as described in the remarks.
The property is located at 3920 W Linda Vista Blvd in Tucson, AZ 85742. The building totals 24,075 square feet.
For buyers seeking an office asset with a single, credit-highlighted tenant, this offering presents a straightforward, income-focused investment format as described in the remarks.
Key Highlights
- Year built: 2021
- Office building with Department of Veterans Affairs tenancy
- Offered as a zero‑cash‑flow structure
Local 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 | $520.0k | $21.60 |
| − Vacancy | −$51.0k | −$2.12 |
| EGI | $469.1k | $19.48 |
| − OpEx | −$117.3k | −$4.87 |
| NOI | $351.8k | $14.61 |
24,075 SF · lease $21.60/SF/yr · vacancy 9.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$5.03M
$4.40M – $5.86M
NOI $351,794 @ 7.0% cap · market cap 3.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.25M
$5.47M – $7.30M
NOI $437,788 @ 7.0% cap · market cap 3.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Northwest Tucson VA ...
Medical Clinic
U.S. Department Of Veterans ...
Advocacy Group
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Office building offered as a zero-cash-flow structure with Department of Veterans Affairs tenancy.
Where is this office building located?
The property is located at 3920 W LINDA VISTA BLVD Tucson, AZ.
What is the asking price?
The asking price for this property is $11,505,146.
What are key features of this property?
This property features: Year built: 2021; Office building with Department of Veterans Affairs tenancy; Offered as a zero‑cash‑flow structure
