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6502-6566 E Carondelet Dr, Tucson, AZ 85710

Advanced Pain Management occupies the property under an absolute NNN lease with annual rent increases.

Property Size2,112 SF
Price / SF$344.70
Days on Market3
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Property Features for 6502-6566 E Carondelet Dr

General Information

Standard status Active
Size 2,112 SF
Property subtype OFFICE

Building Details

Tenancy Single
Listing Agency: SVN | Desert Commercial Advisors
Listed By: Justin Horwitz · License #SA562459000
Source: Moodyscre
Added: Oct 13 Changed: Oct 15 Last Checked: Oct 15 at 2:03AM

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 SVN | Desert Commercial Advisors

Investment Insights

Based on property information with market context.

The 2,112-square-foot medical office at 6502-6566 E Carondelet Dr in Tucson, Arizona is occupied by Advanced Pain Management. The absolute NNN lease extends through January 2035 and calls for 3% rent increases each year. The lease assigns no landlord responsibilities.

Key Highlights

  • 2,112‑square‑foot medical office
  • Leased to Advanced Pain Management
  • Absolute NNN lease through January 2035

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,109
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$602,180 $602.2K
Cap Rate 7%
$430,129 $430.1K
Cap Rate 9%
$334,544 $334.5K
Market Conditions
NOI Build-Up for 2,112 SF
Gross rent
$55.8K $26.40/SF
− Vacancy
−$5.6K −$2.64/SF
EGI
$50.2K $23.76/SF
− OpEx
−$20.1K −$9.50/SF
NOI
$30.1K $14.26/SF
Area
ZIP 85710
Vacancy
10.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$602,180
Cap Rate 7%
$430,129
Cap Rate 9%
$334,544

Alternative Uses

Best Use
Healthcare Medical
$430.1K
$376.4K – $501.8K (±1% cap)
NOI $30,109 @ 7.0% cap · market cap 4.14%
Second Best
Office B
$423.6K
$370.7K – $494.2K (±1% cap)
NOI $29,652 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$578.6K
$506.3K – $675.0K (±1% cap)
NOI $40,500 @ 7.0% cap · market cap 5.56%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Grocery & Convenience Store HVAC Service Locksmith Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,924
Businesses Nearby
Under-served
Demand for This Use

Demographics for 85710, AZ

57,381
Population
28,463
Households
2
Avg Household Size
43
Median Age
31%
College-Educated
94%
High-School Grad
12.0 sq mi
ZIP Area
4,782
Density / Sq Mi
$54,738
Median Household Income
$36,892
Median Earnings
$1,169
Median Rent
$245,900
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 Tucson, AZ

8.9% 2019
9.1% 2020
9.6% 2021
10% 2022
8.8% 2023
10.2% 2024
9.5% 2025

Similar Off Market Nearby

  • Dr. Lori Forgues — 22 s kolb rd, tucson, az 85710
  • Eastside Pet Clinic — 7036 E Broadway Blvd #100, Tucson, AZ 85710
  • La Vida Animal Hospital — 22 S Kolb Rd, Tucson, AZ 85710

Frequently Asked Questions

What type of property is this?
Medical Office Space - Advanced Pain Management occupies the property under an absolute NNN lease with annual rent increases.
Where is this medical office space located?
The property is located at 6502-6566 E Carondelet Dr Tucson, AZ.
What is the asking price?
The asking price for this property is $728,000.
What are key features of this property?
This property features: 2,112‑square‑foot medical office; Leased to Advanced Pain Management; Absolute NNN lease through January 2035
(480) 220-2674 Call to check price and availability
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