1106 El Dorado PlTucson, AZ 85710

Property Details for 1106 El Dorado Pl

Year built

2004

Construction

FRAME

Lot size

0.09 AC

Property size (Sq ft)

1,976 SF

Property type

Office properties

Property subtype

Other office properties

APN

133-14-8230

APU

133148230

Description

This 1,974 square foot medical office building in Tucson, Arizona, presents a compelling investment opportunity. Built in 2004, the single-story property sits on a 3,950 square foot lot and is zoned C-1. Currently leased to a well-established veterinary clinic until December 31, 2028, with two five-year renewal options, the lease features 3% annual rent bumps. The property boasts specialized facilities including exam rooms, an operating room, a lead-lined MRI/X-ray room, reception area, break room, conference room, offices, and two restrooms. The building enjoys high visibility due to its location facing Speedway Boulevard, near both TMC and St. Joseph's Hospital. The asking price is $399,000, representing a pro-forma cap rate of 6.70% and a pro-forma NOI of $26,744. The current rent is $15.65 per square foot, modified gross. This turnkey investment offers a secure income stream in a thriving medical sector. The property's APN is 133-14-8230.

• CAP approach

  CAP return

  Valuation

  6%

  $195,790

  6.5%

  $180,729

  7%

  $167,820

• Comparable approach

  Method

  Valuation

  Relative Method

  $328,806

  Geo Method

  $328,806

• Alternative Use

  Use

  Valuation

  Residential

  $224,104

  Hospitality

  $205,278

  Educational

  $170,789

  Medical

  $176,663

  Retail

  $265,672

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.236

Longitude

-110.855

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

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 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 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].