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1704 W Anklam Rd 13,602 SF 88% Leased Office Building Tucson, AZ 85745 $1,885,000 ($138.58/SF) 7.50% Cap Rate
EXECUTIVE SUMMARY
Cushman & Wakefield/PICOR is pleased to exclusively offer the opportunity to acquire the leasehold interest in St. Mary’s Medical Plaza (the “Property”), a 13,602 sq. ft. medical outpatient building located on the campus of St. Mary’s Hospital in Tucson, Arizona. Currently 88% leased with a weighted average lease term (WALT) of 4.55 years remaining, the Property offers investors dependable in-place cash flow along with a “value-add” opportunity in the lease-up of the remaining 1,688 sq. ft. of vacant space.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
13,602 SF
Building Class
B
Year Built
1987
Price
$1,885,000
Price Per SF
$138.58
Cap Rate
7.50%
NOI
$141,375
Percent Leased
88%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
11,914 SF
Building FAR
1.16
Lot Size
0.27 AC
Zoning
O-3, Tucson - Office Zone, Tucson
Parking
48 Spaces (3.53 Spaces per 1,000 SF Leased)
AMENITIES
- Courtyard
- Signage
- Central Heating
- Air Conditioning
- Balcony
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Walking distance to hospital imaging center and labs
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste Upper Level – As-Bui | 1,688 SF | Office/Medical | Full Build-Out | Now |
2nd Fl-Ste Upper Level – As-Bui
| Size |
| 1,688 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste Upper Level – As-Bui
| Size | 1,688 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
Walking distance to hospital imaging center and labs
Bike Score®
Very Bikeable (81)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $249,634 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$249,634
CONTACTS
-
Travis Ives -
Gino Lollio -
Tyler Morss -
Thomas Nieman -
Bryce Horner -
Cushman & Wakefield
1 of 10
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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1704 W Anklam Rd
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