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7400 N Oracle Rd 88,306 SF 95% Leased 4-Star Office Building Tucson, AZ 85704 $17,500,000 ($198.17/SF) 8.56% Cap Rate
Investment Highlights
- Anchored by the U.S. General Services Administration
- High Yield 8.56% Cap Rate
- Diversified rent roll with a weighted average lease term (WALT) of approximately 5.4 years
- 95% Occupancy
Executive Summary
Northwest Corporate Centre is a stabilized, income-producing Class A office building totaling approximately 88,300 rentable square feet, strategically located along Oracle Road in Northwest Tucson, adjacent to Oro Valley. The property is approximately 95% occupied and offers immediate, durable cash flow with a modest lease-up opportunity.
The building is anchored by the U.S. General Services Administration, which has occupied the property for nearly 25 years and recently renewed its lease for an additional eight-year term (five years firm). The diversified rent roll, long-term tenancy, and weighted average lease term (WALT) of approximately 5.4 years provide strong income stability.
Northwest Corporate Centre presents an attractive opportunity for investors seeking a well-located, high-quality office asset with reliable in-place income at an above-market cap rate, supported by a credit tenant and a history of sustained occupancy.
Contact for financials (after signed NDA).
The building is anchored by the U.S. General Services Administration, which has occupied the property for nearly 25 years and recently renewed its lease for an additional eight-year term (five years firm). The diversified rent roll, long-term tenancy, and weighted average lease term (WALT) of approximately 5.4 years provide strong income stability.
Northwest Corporate Centre presents an attractive opportunity for investors seeking a well-located, high-quality office asset with reliable in-place income at an above-market cap rate, supported by a credit tenant and a history of sustained occupancy.
Contact for financials (after signed NDA).
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
88,306 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1985/2017
Price
$17,500,000
Price Per SF
$198.17
Cap Rate
8.56%
NOI
$1,497,881
Percent Leased
95%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
29,435 SF
Slab To Slab
10’
Building FAR
0.45
Lot Size
4.50 AC
Zoning
TR, County - Transitional Zone
Parking
236 Spaces (2.67 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Controlled Access
- Concierge
- Property Manager on Site
- Signage
- Kitchen
- Wi-Fi
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 2nd Floor
- 3,048 SF
- Office
- Shell Space
- Now
Excellent open parking spaces available
| Space | Size | Space Use | Build-Out | Available |
| 2nd Floor | 3,048 SF | Office | Shell Space | Now |
| 3rd Fl-Ste 331 | 1,733 SF | Office | Full Build-Out | Now |
2nd Floor
| Size |
| 3,048 SF |
| Space Use |
| Office |
| Build-Out |
| Shell Space |
| Available |
| Now |
3rd Fl-Ste 331
| Size |
| 1,733 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 331
| Size | 1,733 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Excellent open parking spaces available
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 225-51-3520 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,233,125 |
Property Taxes
Parcel Number
225-51-3520
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,233,125
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7400 N Oracle Rd
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