For Sale
$256,000

1980 Hospital DrTucson, AZ 85704

Class A Medical Office, Vacant, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
123
This 1,280 sq ft Class A medical office condo in Tucson, AZ, offers a prime investment opportunity. Located near Northwest Hospital, this vacant suite boasts two private offices, three exam rooms, a spacious waiting area, reception area with two service windows, kitchen, and bathroom. Ample parking is available with 168 spaces. The property features a 40-year operating history and is ideal for one or two physicians and their staff. The building is three stories, and this unit is conveniently located near the elevator. A strong pro-forma NOI and attractive price per square foot make this a compelling investment. Fee simple ownership. Pima Co-SP zoning.

Highlights

  • $256,000 asking price for this 1,280 square foot Class A medical office condo.
  • Vacant, fee simple ownership with a pro-forma cap rate of 11.75% and NOI of $30,080.
  • Located at 1980 W Hospital Dr, Tucson, AZ 85704, offering convenient access to Northwest Hospital.
  • Features two private offices, three exam rooms, a spacious waiting area, reception area with two service windows, kitchen, and bathroom.
  • Ample parking with 168 spaces available.

Property Details for 1980 Hospital Dr

Property type
Office properties, Medical offices
Square Feet
1,280 SF
Class
A
Stories
3
Units
1

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.3195257
Longitude
-111.0094354
1980 Hospital Dr, Tucson, Arizona

FAQs

What type of property is this?
Office property - Class A Medical Office, Vacant, High NOI
Where is the office property located?
The property is located at 1980 Hospital Dr Tucson, AZ.
What is the asking price?
The asking price for this property is $256,000.
What are key features of this property?
This property features: $256,000 asking price for this 1,280 square foot Class A medical office condo.; Vacant, fee simple ownership with a pro-forma cap rate of 11.75% and NOI of $30,080.; Located at 1980 W Hospital Dr, Tucson, AZ 85704, offering convenient access to Northwest Hospital.
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1980 Hospital Dr
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