Veterinary Care Center For
For Sale
Contact for pricing
7313 E Tanque Verde Rd., Tucson, AZ 85715
Veterinary care center with national guaranty and minimal landlord responsibilities.
Property Size6,890 SF
Price / SF$213.43
Days on Market109
Property Features for 7313 E Tanque Verde Rd.
General Information
Standard status
Active
Size
6,890 SF
Class
B
Property subtype
Office
Zoning
C-1, City of Tucson
Occupancy
100%
Net Operating Income
$120,970
Building Details
Year Built
2007
Buildings
1
Tenancy
Multi
Listing Agency:
Cushman & Wakefield PICOR Commercial Real Estate Services - Tucson, Arizona
(520) 615-8400
Listed By:
Molly Mary Gilbert, CCIM · License #AZ SA683144000
Source:
Crexi
Added: May 15
Changed: Aug 24
Last Checked: Aug 29 at 2:11PM
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 Cushman & Wakefield PICOR Commercial Real Estate Services - Tucson, Arizona
Investment Insights
Based on property information with market context.
The property is occupied by Briarcrest Veterinary Care Center, benefiting from a creditworthy tenancy with a national guaranty. Structured on a NNN lease basis, the property offers minimal landlord responsibilities. The lease includes built-in escalations through 2030. The submarket has limited new supply. The surrounding area is characterized by an affluent, service-oriented consumer base. The property size is 6,890 square feet and is located at 7313 E. Tanque Verde Rd., Tucson, AZ 85715.
Key Highlights
- Creditworthy tenant: Briarcrest Veterinary Care Center with national guaranty.
- NNN structure: Minimal landlord responsibilities.
- Rent growth: Built‑in escalations through 2030.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$100,679
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.85%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,013,580
$2.0M
Cap Rate 7%
$1,438,271
$1.4M
Cap Rate 9%
$1,118,656
$1.1M
Market Conditions
NOI Build-Up for 6,890 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$148.8K $21.60/SF
− Vacancy
−$14.6K −$2.12/SF
EGI
$134.2K $19.48/SF
− OpEx
−$33.6K −$4.87/SF
NOI
$100.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,013,580
Cap Rate 7%
$1,438,271
Cap Rate 9%
$1,118,656
Alternative Uses
Best Use
Office B
$1.44M
$1.26M – $1.68M
NOI $100,679 @ 7.0% cap · market cap 6.85%
Second Best
Healthcare Medical
$1.31M
$1.15M – $1.53M
NOI $91,775 @ 7.0% cap · market cap 6.24%
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M
NOI $125,290 @ 7.0% cap · market cap 8.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
989
Businesses Nearby
Balanced
Demand for This Use
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
Market
Vacancy Rate% for Office in Tucson, AZ
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- VETCO Vaccination Clinic at PETCO — 7810 E Wrightstown Rd, Tucson, AZ 85715
- Petco Vaccination Clinic — 7810 e wrightstown rd, tucson, az 85715
- Briarcrest Veterinary Care Center PLLC — 7313 E Tanque Verde Rd, Tucson, AZ 85715
- Stacy Nolasco DVM — Briarcrest Veterinary Care Center, 7313 E Tanque Verde Rd, Tucson, AZ 85715
Frequently Asked Questions
What type of property is this?
Medical Office Space - Veterinary care center with national guaranty and minimal landlord responsibilities.
Where is this medical office space located?
The property is located at 7313 E Tanque Verde Rd. Tucson, AZ.
What is the asking price?
The asking price for this property is $1,470,500.
What are key features of this property?
This property features: Creditworthy tenant: Briarcrest Veterinary Care Center with national guaranty.; NNN structure: Minimal landlord responsibilities.; Rent growth: Built‑in escalations through 2030.
