1 Church AveTucson, AZ 85701

Property Details for 1 Church Ave

Year built

1986

Construction

FRAME

Lot size

0.73 AC

Property size (Sq ft)

182,638 SF

Property type

Office properties

APN

117-12-1080

APU

117121080

Description

One South Church, a 23-story Class A office tower in downtown Tucson, Arizona, offers 241,000 square feet of premium office space. Built in 1987 and renovated in 2016, this iconic building boasts unparalleled panoramic city and mountain views. Suites range from 1,479 to 6,717 contiguous square feet, perfect for various business needs, including creative, executive, medical, and traditional office uses. The building features a striking three-story lobby with granite finishes, 9+ foot ceilings, expansive windows, and octagonal floor plates providing eight corner offices per floor. Amenities include 500 parking spaces in a three-level underground lot, nine elevators (including one freight elevator), 24-hour security, on-site property management, fiber and cable internet connectivity, and a state-of-the-art energy management system. Its prime location along the SunLink Streetcar route provides easy access to the University of Arizona and downtown's vibrant amenities, including restaurants, retail, and federal and local courts. Prominent building signage opportunities are also available. Multiple tenancy options are available.

• CAP approach

  CAP return

  Valuation

  6%

  $35,834,900

  6.5%

  $33,078,400

  7%

  $30,715,600

• Comparable approach

  Method

  Valuation

  Relative Method

  $30,391,000

  Geo Method

  $30,391,000

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $66,159,500

  Retail / Commercial

  $33,723,500

  Mixed-Use / Specialty

  $33,443,500

  Hospitality / Lodging

  $24,328,400

  Institutional / Educational

  $34,710,600

  Residential Income

  $40,611,400

  Multifamily

  $49,593,000

  Automotive / Energy

  $29,752,000

  Parking / Income-Based Land

  $10,424,900

  Restaurant / Food Service

  $17,053,200

  Healthcare / Senior Housing

  $34,459,500

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.2215

Longitude

-110.972

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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