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    Office Space For Sale Title is generated by Realmo AI

    1702 W Anklam Rd, Tucson, AZ 85745

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    Office property available for purchase.

    Type:Office
    Property size:
    1,276 SF
    Price / SF:
    $214/SF
    Added:
    Jun 20, 2024
    Days on Market:
    734
    Last Refresh:
    May 12 at 8:12 pm

    Property Features for 1702 W Anklam Rd

    General Information

    Standard status
    Active
    Size
    1,276 SF
    Property subtype
    Office

    Building Details

    Year Built
    1986

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    Listing Contact
    David Montijo
    David Montijo

    Listing agent David Montijo License #AZ

    Listing office CBRE - Tucson

    Listing date Jun 20, 2024

    Source Crexi

    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 CBRE - Tucson

    HighLights

    • For sale
    • Year Built: 1986

    Overview

    This commercial real estate property, suitable for office use, offers 1276 square feet of space. It is currently listed for sale.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $27.6k $21.60
    − Vacancy −$2.7k −$2.12
    EGI $24.9k $19.48
    − OpEx −$6.2k −$4.87
    NOI $18.6k $14.61
    1,276 SF · lease $21.60/SF/yr · vacancy 9.80% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $266.4K
    $233.1K – $310.8K (±1% cap)
    NOI $18,645 @ 7.0% cap · market cap 6.80%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $331.5K
    $290.0K – $386.7K (±1% cap)
    NOI $23,203 @ 7.0% cap · market cap 8.47%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tumamoc Hill Family ... Medical Clinic Premier Foot and Ankle ... Medical Clinic Dr. Maressa M. ... Geriatric Care Provider Amram Dahukey, DPM Physician Trivedi Amita MD Physician

    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
    -111.001621
    Latitude
    32.2263549

    FAQs

    What type of property is this?
    Office space - Office property available for purchase.
    Where is this office space located?
    The property is located at 1702 W Anklam Rd Tucson, AZ.
    What is the asking price?
    The asking price for this property is $274,000.
    What are key features of this property?
    This property features: For sale; Year Built: 1986
    (520) 323-5100 Call to check price and availability
    More about this property
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