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Medical Imaging Center NNN Lease
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3970 N Campbell Ave., Tucson, AZ 85719

NNN leased medical imaging center for sale in Tucson.

Property Size3,071 SF
Price / SF$322.85
Days on Market156

Property Features for 3970 N Campbell Ave.

General Information

Standard status Active
Size 3,071 SF
Class B
Property subtype Office
Zoning O-3, City of Tucson

Building Details

Year Built 1983
Buildings 1
Tenancy Multi
Listing Agency: Cushman & Wakefield PICOR Commercial Real Estate Services - Tucson, Arizona
Listed By: Alejandra "Alexis" Corona · License #AZ SA702410000
Source: Crexi
Added: May 11 Changed: Oct 12 Last Checked: Oct 12 at 7:26PM

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 PICOR Commercial Real Estate Services - Tucson, Arizona

Investment Insights

Based on property information with market context.

This property features a medical imaging center with a 5-year NNN lease that ends on February 28, 2030. The property is located in the North Campbell Medical-Dental Plaza, situated at Campbell Avenue and Roger Road. The site has a City of Tucson "O-3" Zoning. An adjacent vacant medical office suite with 1,669 square feet is also available, featuring a connecting door. The Assessor Parcel Number is 112-02-035A. The Real Estate Tax for 2025 is $8,098.24. The property is suitable for either an investor or a 1031 purchase.

Key Highlights

  • 5‑year NNN Lease in place until 2/28/2030, providing stable income.
  • Opportunity for 1031 exchange or investment purchase.
  • Located in North Campbell Medical‑Dental Plaza.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,875
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$897,500 $897.5K
Cap Rate 7%
$641,071 $641.1K
Cap Rate 9%
$498,611 $498.6K
Market Conditions
NOI Build-Up for 3,071 SF
Gross rent
$66.3K $21.60/SF
− Vacancy
−$6.5K −$2.12/SF
EGI
$59.8K $19.48/SF
− OpEx
−$15.0K −$4.87/SF
NOI
$44.9K $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 Rate 5%
$897,500
Cap Rate 7%
$641,071
Cap Rate 9%
$498,611

Alternative Uses

Best Use
Office B
$641.1K
$560.9K – $747.9K (±1% cap)
NOI $44,875 @ 7.0% cap · market cap 4.53%
Second Best
Healthcare Medical
$584.4K
$511.3K – $681.8K (±1% cap)
NOI $40,906 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$797.8K
$698.1K – $930.7K (±1% cap)
NOI $55,844 @ 7.0% cap · market cap 5.63%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Barber Shop Plumbing Service Electrical Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,792
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Tucson, AZ

8.9% 2019
9.1% 2020
9.6% 2021
10% 2022
8.8% 2023
10.2% 2024
9.5% 2025
Rey
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Similar Off Market Nearby

  • Blue Agave Integrative Veterinary Services — 320, 3661 N Campbell Ave, Tucson, AZ 85719
  • Acacia Animal Hospital — 4205 N Campbell Ave, Tucson, AZ 85719

Frequently Asked Questions

What type of property is this?
Medical Office Space - NNN leased medical imaging center for sale in Tucson.
Where is this medical office space located?
The property is located at 3970 N Campbell Ave. Tucson, AZ.
What is the asking price?
The asking price for this property is $991,472.
What are key features of this property?
This property features: 5‑year NNN Lease in place until 2/28/2030, providing stable income.; Opportunity for 1031 exchange or investment purchase.; Located in North Campbell Medical‑Dental Plaza.
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