1780 W Anklam Rd, Tucson, AZ 85745

Building Details

Year Built

1986

Listing agent BJ Feller License #IL 471007951

Listing office Northmarq Capital, LLC

Listing date Jan 20, 2021

Source Crexi

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All listing content including descriptions, pricing, images are the copyrighted material of Northmarq Capital, LLC

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Overview

The property offered for sale is a single-tenant medical clinic located in Tucson, Arizona. The property includes the leasehold interest land and ownership of the building. The site encompasses 1.71 acres and features a 13,084-square-foot medical clinic. The tenant recently completed a comprehensive remodel and modernization of the property in conjunction with a long-term lease extension. The tenant has successfully occupied and operated at this location since 1986. The property is situated along West Anklam Road, which sees approximately 14,000 vehicles per day, and is located on the campus of Carondelet Health Network's St. Mary's Hospital. The surrounding area within a ten-mile radius has an approximate population of 593,000 with an average household income of $83,000. The initial lease term is for fifteen years, with three five-year renewal options. The lease is the tenant’s standard form used across the majority of its 2,700 locations, a highly passive net lease that is landlord friendly and includes complete reimbursement and pass-through of the cost of the ground rent. The lease also provides for rental increases of ten percent every five years.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

• Map
• Local Demand

City

Tucson

County

Pima

State

Arizona

Longitude

-111.0042467

Latitude

32.2263479

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FAQs

What type of property is this?

Medical Office Space - Single-tenant medical clinic on Carondelet St. Mary's Hospital campus.

Where is this medical office space located?

The property is located at 1780 W 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: Long‑term lease with a 15‑year initial term and three 5‑year renewal options provides stable income.; Located on the campus of Carondelet Health Network's St. Mary's Hospital.; Tenant has occupied and operated successfully at this location since 1986.