Green Valley Office
For Sale
Contact for pricing
518 E White House Canyon Rd, Green Valley, AZ 85614
Office unit available for sale or lease in Green Valley.
Property Size2,321 SF
Price / SF$175
Days on Market876
Property Features for 518 E White House Canyon Rd
General Information
Standard status
Active
Size
2,321 SF
Class
B
Property subtype
Office
Building Details
Year Built
2001
Stories
1
Listing Agency:
CBRE - Tucson
Listed By:
Bruce Suppes · License #AZ SA543260000
(602) 735-1926
Source:
Crexi
Added: May 14, 2024
Changed: Sep 29
Last Checked: Oct 5 at 5:48PM
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 CBRE - Tucson
Investment Insights
Based on property information with market context.
This commercial real estate property, built in 2001, offers approximately 2,321 square feet of space. It is identified by Assessor Parcel Number 304-72-0100. The property is available for sale at a price of $406,175, which equates to $175 per square foot. Alternatively, it is available for lease at a rate of $21.00 per square foot on a modified gross basis. The property is located in Green Valley, Arizona.
Key Highlights
- Available for sale or lease, offering flexibility for your business needs.
- Size: ±2,321 SF
- Sale Price: $406,175 ($175/SF)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,725
Cap Rate
9.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$734,500
$734.5K
Cap Rate 7%
$524,643
$524.6K
Cap Rate 9%
$408,056
$408.1K
Market Conditions
NOI Build-Up for 2,321 SF
Gross rent
$54.6K $23.52/SF
− Vacancy
−$5.6K −$2.42/SF
EGI
$49.0K $21.10/SF
− OpEx
−$12.2K −$5.27/SF
NOI
$36.7K $15.82/SF
Area
Pima County, AZ
Vacancy
10.30%
Lease Rate
$23.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$734,500
Cap Rate 7%
$524,643
Cap Rate 9%
$408,056
Alternative Uses
Best Use
Office B
$524.6K
$459.1K – $612.1K
NOI $36,725 @ 7.0% cap · market cap 9.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$713.8K
$624.6K – $832.8K
NOI $49,966 @ 7.0% cap · market cap 12.30%
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
206
Businesses Nearby
Explore this area
Business Placement
Demographics for 85614, AZ
25,789
Population
16,985
Households
1.5
Avg Household Size
71
Median Age
42%
College-Educated
95%
High-School Grad
131.9 sq mi
ZIP Area
196
Density / Sq Mi
$62,599
Median Household Income
$28,780
Median Earnings
$1,198
Median Rent
$272,900
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 West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office unit available for sale or lease in Green Valley.
Where is this office units located?
The property is located at 518 E White House Canyon Rd Green Valley, AZ.
What is the asking price?
The asking price for this property is $406,175.
What are key features of this property?
This property features: Available for sale or lease, offering flexibility for your business needs.; Size: ±2,321 SF; Sale Price: $406,175 ($175/SF)
