Professional Office Plaza
For Sale
Contact for pricing
6246 E Pima St, Tucson, AZ 85712
Office plaza near hospitals, financial district, and residential areas.
Property Size3,561 SF
Price / SF$220.44
Days on Market766
Property Features for 6246 E Pima St
General Information
Standard status
Active
Size
3,561 SF
Class
B
Property subtype
Office
Zoning
O-3
Investment Type
Owner/User
Site & Location
Neighborhood
Catalina Heights
Building Details
Year Built
2000
Stories
1
Units
1
Listing Agency:
Whirlygig Properties, LLC
Listed By:
Lynn Taylor · License #AZ
(520) 440-2727
Source:
Crexi
Added: Sep 27, 2024
Changed: Oct 25
Last Checked: Nov 1 at 4:16AM
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 Whirlygig Properties, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property presents an opportunity for either an owner-user or an investor. It is situated within a professional office plaza that features a mix of medical and professional tenants. The location is strategic, offering close proximity to three major hospitals, the financial district, and several established retail centers. Additionally, the plaza is located near multiple large residential neighborhoods. The property provides ample parking for tenants and visitors, including designated covered parking spaces. The property size is 3,561 square feet.
Key Highlights
- Strategically located near three major hospitals, the financial district, and established retail centers.
- Excellent owner/user or investment opportunity in a professional office plaza.
- Strong mix of medical and professional tenants.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,035
Cap Rate
6.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,040,700
$1.0M
Cap Rate 7%
$743,357
$743.4K
Cap Rate 9%
$578,167
$578.2K
Market Conditions
NOI Build-Up for 3,561 SF
Gross rent
$76.9K $21.60/SF
− Vacancy
−$7.5K −$2.12/SF
EGI
$69.4K $19.48/SF
− OpEx
−$17.3K −$4.87/SF
NOI
$52.0K $14.61/SF
Area
Tucson, AZ
Vacancy
9.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,040,700
Cap Rate 7%
$743,357
Cap Rate 9%
$578,167
Alternative Uses
Best Use
Office B
$743.4K
$650.4K – $867.3K
NOI $52,035 @ 7.0% cap · market cap 6.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$925.1K
$809.4K – $1.08M
NOI $64,754 @ 7.0% cap · market cap 8.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,341
Businesses Nearby
Explore this area
Business Placement
Demographics for 85712, AZ
33,108
Population
18,215
Households
1.8
Avg Household Size
44
Median Age
37%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
4,869
Density / Sq Mi
$48,185
Median Household Income
$39,090
Median Earnings
$947
Median Rent
$250,400
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 Tucson, AZ
Frequently Asked Questions
What type of property is this?
Office building - Office plaza near hospitals, financial district, and residential areas.
Where is this office building located?
The property is located at 6246 E Pima St Tucson, AZ.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Strategically located near three major hospitals, the financial district, and established retail centers.; Excellent owner/user or investment opportunity in a professional office plaza.; Strong mix of medical and professional tenants.
