For Sale
$11,250,000
8950 Oracle Rd Oro Valley, AZ 85704
High-yield, corporate-guaranteed NNN lease.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- $11,250,000 asking price, offering a 7.31% cap rate.
- 41,134 square foot Class A office building, fully occupied by a corporate tenant.
- Net lease (NNN) with a corporate guarantee, providing a stable income stream.
- 100% occupancy with a remaining lease term of 7.5 years, expiring May 31, 2032.
- $822,277 Net Operating Income (NOI) with 3% annual rent increases.
Property Details for 8950 Oracle Rd
- Property type
- Office properties, Office space
- Square Feet
- 41,134 SF
- Class
- A
- Year Built/Renovated
- 2007/2018
- Buildings
- 1
- Stories
- 2
- Lot Size (sq. ft)
- 200,812 SF
Location Insight
- City
- Oro Valley
- County
- Pima
- State
- Arizona
- Latitude
- 32.36936996745
- Longitude
- -110.96706010547
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - High-yield, corporate-guaranteed NNN lease.
- Where is the office property located?
- The property is located at 8950 Oracle Rd Oro Valley, AZ.
- What is the asking price?
- The asking price for this property is $11,250,000.
- What are key features of this property?
- This property features: $11,250,000 asking price, offering a 7.31% cap rate.; 41,134 square foot Class A office building, fully occupied by a corporate tenant.; Net lease (NNN) with a corporate guarantee, providing a stable income stream.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
