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    FOR SALE
    Medical Office Space

    1780 W Anklam Rd, Tucson, AZ 85745

    13,084 SF 1.71 ac lot Built 1986
    Entity Owned 7-yr Hold Free & Clear
    Property ID
    US07-3492204
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Medical Office Space
    Use group DENTAL BUILDING
    Year built 1986
    Construction FRAME
    Total area 13,084 SF
    Lot 1.71 ac (74,479 SF)
    APN 116-15-190M
    UPID US07-3492204
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • DaVita Tucson West Dialysis Medical Clinic
    • Davita Dialysis Tucson West Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.40M
    Blend (final) Blend
    $1.84M
    Owner & transaction history
    Genesis Kc Devleopment LLC · 7 yrs held
    Genesis Kc Devleopment LLC
    since 2019
    7 recorded transactions
    2019
    $2.0M
    2011
    2010
    2008
    $2.9M
    2008
    2005
    $2.1M
    1992
    $848,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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