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1780 Anklam Rd Tucson, AZ 85745

For Sale
$3,437,118

High-yield medical office, strong tenant.

Property size:
13,084 SF

Description

Added:
Dec 11, 2024
Days on Market:
368
This exceptional investment opportunity presents a 13,084-square-foot medical office building in Tucson, Arizona. Located on 1.71 acres, this single-tenant property boasts a 15-year net lease with DaVita, Inc., commencing November 30, 2019, and expiring November 30, 2034, leaving a substantial 10-year remaining lease term. The property, completely renovated in 2019, benefits from built-in rent bumps of 10% every five years, ensuring consistent income growth. The asking price is $3,437,118, representing a compelling 6.75% cap rate and a net operating income (NOI) of $232,005. The property enjoys a prime location on the campus of Carondelet Health Network's St. Mary's Hospital, a 400-bed facility, benefiting from high traffic volume on West Anklam Road (nearly 14,000 vehicles daily). The surrounding area is densely populated, with an average household income of $83,000 within a ten-mile radius. The lease is a standard DaVita form used across most of their 2,700 locations, offering a landlord-friendly structure with complete reimbursement and pass-through of ground rent costs. This investment offers significant tax advantages due to the leasehold interest allowing for 100% depreciation. The tenant, a leading operator in a recession-resistant industry, provides a strong guarantee and the lease lacks early termination or kick-out clauses. This is a rare opportunity to acquire a stable, high-performing asset with substantial long-term growth potential. The property was originally built in 1986.

Property Features for 1780 Anklam Rd

General Information

Property type
Medical offices
Square Feet
13,084 SF
Lot Size
74,488 SF

Building Details

Year Built/Renovated
1986/2019

HighLights

  • On‑campus location at 400‑bed St. Mary's Hospital.
  • No early termination options.
  • Strong guarantee from a leading operator.
  • Healthcare industry provides recession resistance.
  • Renovated facility with a 30+ year operating history.
  • Long‑term lease with built‑in rent increases.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

DaVita Tucson West ... Dialysis Center Davita Dialysis Tucson ... Dialysis Center

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Tucson
County
Pima
State
Arizona
Longitude
-111.004266
Latitude
32.2263578

FAQs

What type of property is this?
Medical office - High-yield medical office, strong tenant.
Where is this medical office located?
The property is located at 1780 Anklam Rd Tucson, AZ.
What is the asking price?
The asking price for this property is $3,437,118.
What are key features of this property?
This property features: On-campus location at 400-bed St. Mary's Hospital.; No early termination options.; Strong guarantee from a leading operator.
More about this property
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