For Sale
$1,565,000

3499 Campbell Ave Tucson, AZ 85719

6,658 SF Office, 2 Units, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 6,658-square-foot office building at 3499 N Campbell Ave, Tucson, AZ 85719, is available for sale or lease. The property, built in 1984 and renovated several times, features two units currently 100% occupied with a multi-tenant lease in place. The asking price is $1,565,000 ($235.06/sq ft). The building is a Class B, single-story structure with a total of 6,658 net rentable square feet. The current lease is a NNN lease with a remaining term of 2.9 years, expiring October 31, 2027, and commenced May 1, 2023. One tenant occupies 1,750 square feet, while the remaining space is available for owner-user occupancy. The property boasts ten reserved covered parking spaces. The property is zoned O-3 by the City of Tucson and has an APN of 113-05-2570. Annual property taxes in 2022 were $13,950.66. The building is located on Campbell Avenue at the main entrance of Campbell Office Plaza, offering excellent ingress and egress. Triple net expenses are currently $8.40 per square foot, with tenants responsible for separately metered electricity and janitorial services. The property is situated in Flood Zone X. This presents a compelling opportunity for owner-occupancy or investment.

Highlights

  • 10 reserved covered parking spaces included, located west of the building.
  • Triple net (NNN) expenses are $8.40/sq ft; tenants pay separately metered electricity and janitorial services.
  • NNN lease with Paul Ash HOA Management Company LLC (separate from Paul Ash Management Company); 60-month term starting November 1, 2022; tenant pays utilities and janitorial, reimburses landlord for prorated NNN expenses.
  • Building participates in Campbell Office Plaza association; two northern buildings do not participate.

Property Details for 3499 Campbell Ave

Property type
Office properties
Square Feet
6,658 SF
Class
B
Year Built
1984
Buildings
1
Stories
1
Units
2

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.2698525
Longitude
-110.9441904

FAQs

What type of property is this?
Office property - 6,658 SF Office, 2 Units, 100% Occupied
Where is the office property located?
The property is located at 3499 Campbell Ave Tucson, AZ.
What is the asking price?
The asking price for this property is $1,565,000.
What are key features of this property?
This property features: 10 reserved covered parking spaces included, located west of the building.; Triple net (NNN) expenses are $8.40/sq ft; tenants pay separately metered electricity and janitorial services.; NNN lease with Paul Ash HOA Management Company LLC (separate from Paul Ash Management Company); 60-month term starting November 1, 2022; tenant pays utilities and janitorial, reimburses landlord for prorated NNN expenses.
How can I contact the broker?
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3499 Campbell Ave
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