3530 Campo AbiertoTucson, AZ 85718

Property Details for 3530 Campo Abierto

Year built

2002

Construction

FRAME

Lot size

1.53 AC

Property size (Sq ft)

7,005 SF

Property type

Office properties

Property subtype

Other office properties

APN

108-12-037F

APU

10812037F

Description

This exceptional two-story office building, totaling 14,116 square feet, is situated in Tucson's coveted Foothills submarket, boasting historically low vacancy rates. The property, formerly occupied by Amadeus North America, features extensive data and communication services, a decommissioned 2,382 square foot data center (with retained raised flooring), and a secure, enclosed 1,329 square foot patio area (in addition to the main building square footage). A second-floor patio also enhances the property's appeal. Ample parking is provided with 76 spaces (47 covered, 27 open, 2 handicapped). Built in 2002, this building offers a prestigious image in a highly sought-after location. The property sits on a 66,557 square foot lot and is fully sprinklered. The asking price is $3,775,000 ($267.43/sq ft). Zoned TR & CB-1. The lease expired July 1, 2023, presenting an owner/user opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,212,734

  6.5%

  $1,119,446

  7%

  $1,039,486

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,165,632

  Geo Method

  $1,165,632

• Alternative Use

  Use

  Valuation

  Residential

  $1,388,114

  Hospitality

  $1,271,504

  Educational

  $1,057,877

  Medical

  $1,094,259

  Retail

  $1,645,586

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.3211

Longitude

-110.918

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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