Three-Story Executive Office
For Sale
Contact for pricing
502 N GARDEN Avenue, Sierra Vista, AZ 85635
Four private offices share a reception area and conference room, with natural light throughout.
Property Size24,257 SF
Price / SF$0.22
Days on Market85
Property Features for 502 N GARDEN Avenue
General Information
Standard status
Active
Size
24,257 SF
Property subtype
Comm/Industry Lease
Amenities
shared conference and reception area
Building Details
Buildings
1
Stories
3
Listing Agency:
Long Realty Company
(520) 439-3900
Listed By:
Michelle Hagele · License #SA666351000
(520) 220-7656
Source:
Zanebelden
Added: Jul 24
Changed: Oct 2
Last Checked: Oct 16 at 8:15AM
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 Long Realty Company
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Investment Insights
Based on property information with market context.
This three-story office property includes four individual executive suites arranged around shared reception and conference areas. Natural light reaches each office, while the building’s contemporary minimalist design presents a polished setting for business operations and client visits.
The property is positioned closest to Fort Huachuca among Sierra Vista’s commercial spaces without being located on the installation. Tombstone Brewing Company is next door, and multiple hotels can be reached on foot, providing convenient access for visiting colleagues and clients. The offering includes 24,256 of stated property size, with the available office configuration centered on private workspaces and shared professional amenities.
The property is positioned closest to Fort Huachuca among Sierra Vista’s commercial spaces without being located on the installation. Tombstone Brewing Company is next door, and multiple hotels can be reached on foot, providing convenient access for visiting colleagues and clients. The offering includes 24,256 of stated property size, with the available office configuration centered on private workspaces and shared professional amenities.
Key Highlights
- Four individual executive office spaces
- Shared conference room and reception area
- Three‑story building with contemporary minimalist architecture
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$185,423
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,708,460
$3.7M
Cap Rate 7%
$2,648,900
$2.6M
Cap Rate 9%
$2,060,256
$2.1M
Market Conditions
NOI Build-Up for 24,257 SF
Gross rent
$305.6K $12.60/SF
− Vacancy
−$58.4K −$2.41/SF
EGI
$247.2K $10.19/SF
− OpEx
−$61.8K −$2.55/SF
NOI
$185.4K $7.64/SF
Area
Cochise County, AZ
Vacancy
19.11%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,708,460
Cap Rate 7%
$2,648,900
Cap Rate 9%
$2,060,256
Alternative Uses
Best Use
Office B
$2.65M
$2.32M – $3.09M
NOI $185,423 @ 7.0% cap · market cap 3,531.87%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.59M
$3.15M – $4.19M
NOI $251,606 @ 7.0% cap · market cap 4,792.50%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
865
Businesses Nearby
Explore this area
Business Placement
Demographics for 85635, AZ
35,095
Population
17,138
Households
2
Avg Household Size
41
Median Age
31%
College-Educated
92%
High-School Grad
68.1 sq mi
ZIP Area
515
Density / Sq Mi
$60,822
Median Household Income
$42,247
Median Earnings
$985
Median Rent
$218,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office units - Four private offices share a reception area and conference room, with natural light throughout.
Where is this office units located?
The property is located at 502 N GARDEN Avenue Sierra Vista, AZ.
What are key features of this property?
This property features: Four individual executive office spaces; Shared conference room and reception area; Three‑story building with contemporary minimalist architecture
