Office Building for R&D, Medical, and Data
For Sale
Contact for pricing
5320 N La Cholla Blvd, Tucson, AZ 85704
Office building suited for R&D, medical, office, and data center uses.
Property Size55,244 SF
Price / SF$180.56
Days on Market873
Property Features for 5320 N La Cholla Blvd
General Information
Standard status
Active
Size
55,244 SF
Property subtype
OFFICE
Listing Agency:
Volk Company Commercial Real Estate
(520) 235-3000
Listed By:
Dave Volk
(520) 235-3000
Source:
Moodyscre
Added: Mar 11, 2024
Changed: Jul 30
Last Checked: Jul 31 at 1:20PM
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 Volk Company Commercial Real Estate
Investment Insights
Based on property information with market context.
An office building offering 55,244 SF available for sale or lease, suited for R&D, medical, office, or data center uses. The property’s flexible use mix can support a range of professional and technical tenancy needs.
The building is located at 5320 N La Cholla Blvd in Tucson, Arizona (85704).
The building is located at 5320 N La Cholla Blvd in Tucson, Arizona (85704).
Key Highlights
- 55,244 SF office building available for sale or lease
- Suitable for R&D, medical, office, or data center use
- Address: 5320 N La Cholla Blvd, Tucson, AZ 85704
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 | $1.19M | $21.60 |
| − Vacancy | −$116.9k | −$2.12 |
| EGI | $1.08M | $19.48 |
| − OpEx | −$269.1k | −$4.87 |
| NOI | $807.2k | $14.61 |
55,244 SF · lease $21.60/SF/yr · vacancy 9.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$11.53M
$10.09M – $13.45M
NOI $807,247 @ 7.0% cap · market cap 8.09%
Second Best
Healthcare Medical
$10.51M
$9.20M – $12.26M
NOI $735,850 @ 7.0% cap · market cap 7.38%
Theoretical Best
Office A
$14.35M
$12.56M – $16.74M
NOI $1,004,575 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
767
Businesses Nearby
Explore this area
Business Placement
Demographics for 85704, AZ
34,430
Population
17,827
Households
1.9
Avg Household Size
49
Median Age
51%
College-Educated
95%
High-School Grad
18.2 sq mi
ZIP Area
1,892
Density / Sq Mi
$76,915
Median Household Income
$43,684
Median Earnings
$1,424
Median Rent
$389,000
Median Home Value
Market
Vacancy Rate% for Office in Tucson, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building suited for R&D, medical, office, and data center uses.
Where is this office building located?
The property is located at 5320 N La Cholla Blvd Tucson, AZ.
What is the asking price?
The asking price for this property is $9,975,000.
What are key features of this property?
This property features: 55,244 SF office building available for sale or lease; Suitable for R&D, medical, office, or data center use; Address: 5320 N La Cholla Blvd, Tucson, AZ 85704
