Single-Tenant Medical Office
For Sale
Contact for pricing
Pending
535 N Wilmot Road, Tucson, AZ 85711
Single-tenant medical office building built in 1991 and renovated in 2003, fully occupied by Banner Healthcare.
Property Size39,577 SF
Days on Market150
Property Features for 535 N Wilmot Road
General Information
Standard status
Pending
Size
39,577 SF
Property subtype
Office
Occupancy
100%
Building Details
Year Built
1991
Year Renovated
2003
Stories
2
Tenancy
Single
Listing Agency:
Marcus & Millichap - San Diego
Listed By:
Ben Tashakorian · License #CA 01333884
(858) 373-3176
Source:
Crexi
Added: Apr 10
Changed: Aug 14
Last Checked: Sep 5 at 10:58PM
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 Marcus & Millichap - San Diego
Investment Insights
Based on property information with market context.
This single-tenant medical office building was originally constructed in 1991 and renovated in 2003. The property totals 39,577 square feet and is 100% occupied by Banner Healthcare. Banner conducts two practices within the facility, with the second floor occupied by Banner – University Medicine Whole Health Clinic and the ground level occupied by Banner Diamond Children’s Multispecialty Services.
The building is located at the base of the Catalina Foothills in Tucson, Arizona, and it is adjacent to Carondelet St. Joseph’s Hospital. Along with the offering, there is a separate parcel of land that provides the ability to develop an additional single-tenant pad.
Banner acquired University Physicians in 2015, and the ground level tenant operates services for infants through teens. The offering combines established healthcare use within the building and an adjacent parcel development opportunity.
The building is located at the base of the Catalina Foothills in Tucson, Arizona, and it is adjacent to Carondelet St. Joseph’s Hospital. Along with the offering, there is a separate parcel of land that provides the ability to develop an additional single-tenant pad.
Banner acquired University Physicians in 2015, and the ground level tenant operates services for infants through teens. The offering combines established healthcare use within the building and an adjacent parcel development opportunity.
Key Highlights
- Single‑tenant 39,577 SF medical office building at 535 N Wilmot Rd in Tucson, AZ
- Built in 1991 and renovated in 2003
- 100% occupied by Banner Healthcare, with tenant acquired in 2015
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,001
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85711, AZ
41,518
Population
19,774
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
88%
High-School Grad
8.6 sq mi
ZIP Area
4,828
Density / Sq Mi
$52,358
Median Household Income
$35,130
Median Earnings
$1,001
Median Rent
$248,600
Median Home Value
Market
Vacancy Rate% for Office in Tucson, AZ
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Single-tenant medical office building built in 1991 and renovated in 2003, fully occupied by Banner Healthcare.
Where is this medical office space located?
The property is located at 535 N Wilmot Road Tucson, AZ.
What are key features of this property?
This property features: Single‑tenant 39,577 SF medical office building at 535 N Wilmot Rd in Tucson, AZ; Built in 1991 and renovated in 2003; 100% occupied by Banner Healthcare, with tenant acquired in 2015
