2010 Camino SernaTucson, AZ 85715

Property Details for 2010 Camino Serna

Year built

2006

Construction

FRAME

Lot size

1.39 AC

Property size (Sq ft)

9,630 SF

Property type

Office properties

APN

133-16-039A

APU

13316039A

Description

This 10,425-square-foot, two-story building, constructed in 2007, is located at 2010 N Camino Serna, Tucson, AZ 85715, and sits on a 21,660-square-foot lot. The property features a single tenancy, with ample parking (40-50 spaces) and one elevator. High-end finishes include spacious offices, a large audio-visual conference room, a full kitchen, a call center bullpen space, a breakroom, and ADA-compliant bathrooms. Abundant storage and robust data transmission infrastructure are also present. Security cameras and alarms enhance the building's safety. The property benefits from two access points off Camino Serna, connecting directly to Tanque Verde Road, with recently completed curbs and sidewalks. It's zoned C2, allowing for various retail and office uses. The property enjoys excellent visibility and street frontage, offering potential for building and monument signage. Utilities include water, gas, sewer, electric, and communications infrastructure suitable for industrial, retail, and medical office uses. A tenant improvement allowance is negotiable, and NNN charges are estimated at $3.95 per square foot. A cross parking and access agreement will be formulated before lease signing. The property recently underwent a lot split, separating it from an adjacent parcel.

• CAP approach

  CAP return

  Valuation

  6%

  $954,179

  6.5%

  $880,781

  7%

  $817,868

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,602,432

  Geo Method

  $1,602,432

• Alternative Use

  Use

  Valuation

  Residential

  $1,092,168

  Hospitality

  $1,000,420

  Educational

  $832,338

  Medical

  $860,963

  Retail

  $1,294,747

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.2464

Longitude

-110.851

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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