Two-Suite Office
For Sale
$1,575,000
7255 E Tanque Verde Rd, Tucson, AZ 85715
Office property with separate entrances and infrastructure supporting a return to medical or dental use.
Property Size4,925 SF
Price / SF$319.80
Days on Market268
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Property Features for 7255 E Tanque Verde Rd
General Information
Standard status
Active
Size
4,925 SF
Property subtype
Commercial
Additional Details
Office Units
2
Building Details
Year Built
1999
Buildings
1
Listing Agency:
Indie Realty
Listed By:
Don Geisler
(520) 869-2376
Source:
Tucsonhomeseeker
Added: Jan 20
Changed: Oct 6
Last Checked: Oct 14 at 11:41PM
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 Indie Realty
Investment Insights
Based on property information with market context.
Built in 1999, this 4,925-square-foot office building is arranged as two separate suites. The larger 3,725-square-foot suite includes 10 private offices, reception space, a meeting area, and a computer lab. The approximately 1,200-square-foot secondary suite has four offices, its own entrances, reception space, and a kitchen.
The property is currently configured for office use and retains infrastructure needed to convert back to medical or dental use. Its two-suite layout provides distinct spaces within one commercial building, with reception and office components in both suites.
The property is currently configured for office use and retains infrastructure needed to convert back to medical or dental use. Its two-suite layout provides distinct spaces within one commercial building, with reception and office components in both suites.
Key Highlights
- 4,925‑square‑foot office building built in 1999
- Two separate suites with distinct entrances
- Main suite includes 10 private offices, reception, meeting area, and computer lab
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,966
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,439,320
$1.4M
Cap Rate 7%
$1,028,086
$1.0M
Cap Rate 9%
$799,622
$799.6K
Market Conditions
NOI Build-Up for 4,925 SF
Gross rent
$106.4K $21.60/SF
− Vacancy
−$10.4K −$2.12/SF
EGI
$96.0K $19.48/SF
− OpEx
−$24.0K −$4.87/SF
NOI
$72.0K $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%
$1,439,320
Cap Rate 7%
$1,028,086
Cap Rate 9%
$799,622
Alternative Uses
Best Use
Office B
$1.03M
$899.6K – $1.20M
NOI $71,966 @ 7.0% cap · market cap 4.57%
Second Best
Healthcare Medical
$937.2K
$820.0K – $1.09M
NOI $65,601 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,558 @ 7.0% cap · market cap 5.69%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
989
Businesses Nearby
Explore this area
Business Placement
Demographics for 85715, AZ
18,561
Population
9,678
Households
1.9
Avg Household Size
51
Median Age
47%
College-Educated
95%
High-School Grad
6.6 sq mi
ZIP Area
2,812
Density / Sq Mi
$82,651
Median Household Income
$48,259
Median Earnings
$1,368
Median Rent
$330,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Tucson, AZ
Frequently Asked Questions
What type of property is this?
Office building - Office property with separate entrances and infrastructure supporting a return to medical or dental use.
Where is this office building located?
The property is located at 7255 E Tanque Verde Rd Tucson, AZ.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: 4,925‑square‑foot office building built in 1999; Two separate suites with distinct entrances; Main suite includes 10 private offices, reception, meeting area, and computer lab
