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1238 W Orange Grove Rd
Tucson, AZ 85704
Units 102 /103 · Office Property For Sale
Investment Highlights
- The Orange Grove Office Park is a Class A medical condominium development located in the booming northwest side of Tucson, Arizona.
- Limited zoned available commercial land along Orange Grove Road near the hospital for future development.
- The project is located near many shopping centers, restaurants and Northwest Hospital.
- Distinctive architecture - high quality buildings throughout the project.
Executive Summary
• Subject property is part of a medical condo project which includes tenants and owner-users.
• Project Owner/Tenant Mix: Medical users also include: Tucson Ear, Nose & Throat, Dental Excellence, and Pima Heart & Vascular Ambulatory Surgery Center.
• Long Term Occupants: Many owner/tenants have been in the project since it’s inception.
• Property documents available for review by qualified prospective purchasers.
• Confidentiality Agreement must be signed by a qualified buyer prior to providing pertinent confidential financial information.
• Project Owner/Tenant Mix: Medical users also include: Tucson Ear, Nose & Throat, Dental Excellence, and Pima Heart & Vascular Ambulatory Surgery Center.
• Long Term Occupants: Many owner/tenants have been in the project since it’s inception.
• Property documents available for review by qualified prospective purchasers.
• Confidentiality Agreement must be signed by a qualified buyer prior to providing pertinent confidential financial information.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
8,378 SF
Building Class
B
Year Built
2008
Price
$2,800,000
Price Per SF
$334.21
Cap Rate
6.63%
NOI
$185,640
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,378 SF
Building FAR
0.19
Lot Size
0.99 AC
Zoning
TR, County
Parking
56 Spaces (6.68 Spaces per 1,000 SF Leased)
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