5401 North Oracle Road Tucson, AZ 85704

Listing Agency: CBRE - Phoenix

Listed By: Andrew Fosberg · License #AZ SA535679000

Source: Crexi

Added: Apr 10 Changed: Jul 23 Last Checked: Jul 23 at 6:18AM

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Investment Insights

Based on property information with market context.

This is a single-tenant office building offered for fee simple purchase. The property is fully leased to V.I.P. Mortgage and has been occupied since 2013. Interior tenant improvements are in the process of being remodeled following the tenant’s 5-year lease renewal, and the tenant has approximately five years remaining on the recently executed NNN lease renewal.

The building is located at 5401 North Oracle Road, Building 1, within the Cresta Loma Corporate Centre in Tucson, Arizona. The offering notes excellent frontage along Oracle Road.

The lease structure is described as an NNN arrangement, with 2.00% annual rental increases throughout the remaining lease term and through the tenant’s one, five-year renewal option period. The tenant’s renewal and extended occupancy history are presented as part of the property’s lease continuity.

Key Highlights

• Single‑tenant office building at 5401 N Oracle Rd, Building 1 in Cresta Loma Corporate Centre, Tucson, AZ
• 100% leased to V.I.P. Mortgage; tenant occupied since 2013 and has approximately 5 years remaining on its recently executed NNN lease renewal
• NNN lease includes 2.00% annual rental increases through the remaining lease term and through the tenant’s one five‑year renewal option period

Property Analytics

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FAQs

What type of property is this?

Office building - Fully leased single-tenant office building with frontage along Oracle Road, currently undergoing tenant improvements.

Where is this office building located?

The property is located at 5401 North Oracle Road Tucson, AZ.

What are key features of this property?

This property features: Single‑tenant office building at 5401 N Oracle Rd, Building 1 in Cresta Loma Corporate Centre, Tucson, AZ; 100% leased to V.I.P. Mortgage; tenant occupied since 2013 and has approximately 5 years remaining on its recently executed NNN lease renewal; NNN lease includes 2.00% annual rental increases through the remaining lease term and through the tenant’s one five‑year renewal option period