Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    6365-6377 Tanque Verde Rd Tucson, AZ 85715

    • Office Properties & Spaces
    • 150,000 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 6365-6377 Tanque Verde Rd

    Year built
    1983
    Property size
    150,000 SF
    Property type
    Office Properties & Spaces
    Property subtype
    Medical offices

    Description

    Tri-Pointe Plaza, located at 6365-6377 E Tanque Verde Rd, Tucson, AZ 85715, offers a diverse range of office spaces for lease. This six-building complex, totaling 150,000 square feet, provides flexible options for businesses of all sizes. Built in 1983 and renovated in 2001, the property boasts modern amenities including elevators. The property is conveniently located near Wilmot Rd in Pima County. Multiple tenancy options are available, with spaces ranging from a minimum of 600 square feet to a maximum contiguous space of 10,823 square feet. Currently, there are 49,221 square feet of vacant space ready for immediate occupancy. The property's diverse subtypes, including traditional, executive, and medical office spaces, cater to a wide array of professional needs. This well-maintained property presents a unique opportunity for businesses seeking a strategic location in Tucson's thriving commercial market. The property is classified as a Traditional Office, Executive Office, and Medical Office space. Inquire today to explore the available options and find the perfect space to suit your business requirements.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.857
    Latitude
    32.2458

    Comparable in this City

    • Value Estimation by Request
      49,535 SF

      1111-1181 El Dorado Pl

      Medical offices • 49,535 SF
      1111-1181 El Dorado Pl, Tucson, AZ 85715
      View Details
    • Value Estimation
      $305,000
      2,165 SF

      7459 Tanque Verde Rd

      MEDICAL CLINIC • 2,165 SF
      7459 Tanque Verde Rd, Tucson, AZ 85715-3477
      View Details
    • Value Estimation
      $650,000
      6,056 SF

      7265 Tanque Verde Rd

      DENTAL BUILDING • 6,056 SF
      7265 Tanque Verde Rd, Tucson, AZ 85715-3466
      View Details
    • Value Estimation
      $290,000
      0.03 Acres

      Tucson, AZ 85715

      MEDICAL CLINIC • 0.03 Acres
      Tucson, AZ 85715
      View Details
    • Value Estimation
      $295,000
      0.11 Acres

      Tucson, AZ 85715

      MEDICAL CLINIC • 0.11 Acres
      Tucson, AZ 85715
      View Details
    • Value Estimation
      $275,000
      2,284 SF

      7317 Tanque Verde Rd

      MEDICAL CLINIC • 2,284 SF
      7317 Tanque Verde Rd, Tucson, AZ 85715-3475
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      70,006 SF

      El Dorado Square: Tucson Office Complex

      70,006 SF Office/Medical Plaza, 8% Cap Rate
      1200 El Dorado Pl, Tucson, AZ 85715
      View Details
    • $1,751,400
      10,425 SF

      Tucson Office Building: Prime Location

      10,425 SF Office, Vacant, Turnkey
      2010 Camino Serna, Tucson, AZ 85715
      View Details
    • $11,845,000
      84,677 SF

      Medical/Professional Office Spaces For Sale

      Medical and professional office spaces near Tucson Medical Center.
      1111-1181 N El Dorado Pl, Tucson, AZ 85715
      View Details
    • $481,580
      2,189 SF

      La Playa Caliente Office Condo

      Tucson Office Condo: Own Your Space
      1881 Kolb Rd, Tucson, AZ 85715
      View Details
    • $1,751,400
      10,425 SF

      Prime Tucson Office Building

      Modern Office, 10,425 SF, High-End Finishes
      2010 Camino Serna, Tucson, AZ 85715
      View Details
    • $1,088,666
      4,734 SF

      Single Story Office For Sale

      Single-story office building with immediate occupancy in a convenient location.
      7485 E Tanque Verde Rd, Tucson, AZ 85715
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      70,006 SF

      El Dorado Square: Tucson Office Space

      Prime Tucson Office & Medical Suites Available
      1200 El Dorado Pl, Tucson, AZ 85715
      View Details
    • $16 SF/Yr
      10,425 SF

      Modern Tucson Office/Retail Space

      10,425 SF Office/Retail Building in NE Foothills
      2010 Camino Serna, Tucson, AZ 85715
      View Details
    • $14 SF/Yr
      5,872 SF

      Tucson Medical and Professional Office

      Medical and professional office space near TMC and St Josephs.
      1141 N El Dorado Pl, Tucson, AZ 85715
      View Details
    • $14 SF/Yr
      5,343 SF

      Tucson Medical and Professional Office

      Medical and professional office space with convenient access and amenities.
      1161-1181 N El Dorado Pl, Tucson, AZ 85715
      View Details
    • $14 SF/Yr
      6,420 SF

      Medical/Professional Office Space Available

      Medical and professional office space conveniently located near hospitals.
      1121 N El Dorado Pl, Tucson, AZ 85715
      View Details
    • $14 SF/Yr
      5,569 SF

      Medical/Professional Office Space Available

      Medical and professional office space conveniently located near hospitals.
      1111 N El Dorado Pl, Tucson, AZ 85715
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6365-6377 Tanque Verde Rd
    Tucson, AZ 85715
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.