For Sale
$729,000

3838 Fort Lowell RdTucson, AZ 85716

Dual-suite office building, 100% occupied, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Class A, 3,816 sq ft office building in Tucson, AZ, presents a compelling investment opportunity. Located at 3838 E Fort Lowell Rd, this single-story, 2000-built property underwent a complete renovation in 2023. Currently 100% occupied by two tenants, it boasts a strong 7% cap rate and a $191.04/sq ft price. Suite 110 (1,809 sq ft) is a fully equipped dental office, while Suite 120 (2,007 sq ft) functions as a holistic healing center with a sprung maple floor and adaptable space. The property features 21 parking spaces in a gated, secured lot, a built-up reflective roof, and is fully connected to city utilities. The 0.46-acre lot (20,125 sq ft) is zoned Tucson - C1, offering potential for future expansion. ADA-compliant features ensure accessibility. This stabilized investment, with its diverse tenant mix and strong location, provides immediate cash flow and significant long-term potential in Tucson's thriving commercial market. The property's recent renovation ensures pristine condition and immediate occupancy. The asking price is $729,000.

Highlights

  • High-traffic location on E Fort Lowell Rd with excellent visibility and accessibility.
  • Stable cash flow from 100% occupancy with two tenants.
  • Diverse tenant mix including a dental office and holistic healing center.
  • Upside potential through future rent increases and lease optimization.
  • Strong Tucson commercial market with robust demand and low vacancy rates.
  • Future development potential on a 0.46-acre lot (C1 zoning).

Property Details for 3838 Fort Lowell Rd

Property type
Office properties, Medical offices
Square Feet
3,816 SF
Class
A
Year Built/Renovated
2000/2023
Buildings
1
Stories
1
Units
2

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.2646025
Longitude
-110.9108471
3838 Fort Lowell Rd, Tucson, Arizona

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3838 Fort Lowell Rd
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