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Heinfeld & Meech 10120 N Oracle Rd 6,800 SF Office Building Oro Valley, AZ 85704 $2,802,000 ($412.06/SF) 7% Cap Rate
EXECUTIVE SUMMARY
3% Annual Rent Increases – excellent hedge against inflation
Tenant has operated at the site for approximately 20 years and has renewed its lease twice, demonstrating its commitment to this location
Affluent Tucson submarket with high average household incomes over $138,000 in a 5-mile radius
Located off North Oracle Road, a major thoroughfare through the Tucson area with 46,000 cars passing the property each day
Dense Surrounding Population – more than 249,000 residents within 5 miles
Adjacent to El Conquistador Resort – a 482,000 square foot Hilton Resort, Golf Course and Spa on 181 acres
1.5 miles north of Canyon Del Oro High School (~1,700 students)
12 miles north of Downtown Tucson
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$196,170
|
$28.85
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $196,170 |
| Annual Per SF | $28.85 |
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Professional, Scientific, and Technical Services
- -
- -
- -
HeinfeldMeech is a premier auditing and consulting firm specializing in the service of governmental and nonprofit organizations. They continually learn about their clients'? unique operations, reporting objectives, and compliance requirements so that they may provide exceptional and customized services. They are a licensed certified public accounting firm in both Arizona and New Mexico. Their offices in Tucson, Phoenix, and Flagstaff work with governments and not-for-profits of all sizes. They are also dedicated to providing development and learning opportunities for both their clients and staff.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Professional, Scientific, and Technical Services | - | - | - |
PROPERTY TAXES
| Parcel Number | 224-31-0160 | Improvements Assessment | $0 (2025) |
| Land Assessment | $0 (2025) | Total Assessment | $135,396 (2025) |
PROPERTY TAXES
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Heinfeld & Meech | 10120 N Oracle Rd
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