Property profile

2122 N Craycroft Rd Tucson, AZ 85712

FOR LEASE
Medical Office Space
Property ID
US07-1281408
4,176 SF 0.99 ac lot Built 1967
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Exceptional opportunity for medical professionals seeking short-term office space in Tucson's Central submarket. Southwest Professional Plaza - Building 1, a Class C medical office building in Pima County, offers 7 immediately available suites ranging from 512 to 3,372 square feet. A total of 7,809 square feet is currently vacant within the 14,249 square foot building. This prime location boasts excellent proximity to Tucson Medical Center, making it highly convenient for patients and staff. The current ownership group, comprised of physicians, plans future renovations for their own use; therefore, only short-term lease agreements will be considered for this building. Note that this building is distinct from another medical office building owned by the same group at 2224 N. Craycroft, which offers longer-term lease options. This presents a unique chance to secure a well-situated medical office space in a thriving area, ideal for practices needing temporary or transitional accommodations. Inquire today for details and availability. Minimum leasable space is 512 square feet, with a maximum contiguous space of 3,372 square feet.

Property profile

Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 1967
Construction FRAME
Total area 4,176 SF
Lot 0.99 ac (43,269 SF)
APN 121-05-0070
UPID US07-1281408

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Alternative Medicine Practice Spa & Massage Center
  • Physician
  • Physician
  • Dental Office

Location

2122 N Craycroft Rd Tucson, AZ 85712
Tucson metro Census 3003 TUCSON, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.88M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.03M
Blend (final) Blend
$2.83M

Owner & transaction history

since 2023
Last sale
$2.6M
7 recorded transactions
2023
$2.6M
2014
Price N/A
2013
$2.2M
2012
Price N/A
2012
$1.7M
2006
$4.9M
1991
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.9M +87.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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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