333 Fort Lowell RdTucson, AZ 85705

Property Details for 333 Fort Lowell Rd

Year built

1986

Construction

FRAME

Lot size

0.42 AC

Property size (Sq ft)

9,503 SF

Property type

Office properties

APN

107-11-136A

APU

10711136A

Description

This exceptional West Tucson office building, situated at 333 W Fort Lowell Rd, offers a fantastic opportunity for businesses seeking flexible and efficient space. The property boasts a total of 19,060 square feet, spread across two stories in a single, Class B building constructed in 1986. Currently, there is 14,400 square feet of vacant space available, divisible into units ranging from 4,800 to a maximum contiguous 9,600 square feet. The first floor offers approximately 9,600 square feet, while the second floor provides approximately 4,800 square feet. Each space features efficient floor plans and high ceilings measuring 19 feet. Ample parking is provided with 98 spaces available for tenants and their guests. The building is conveniently located near the intersection of I-10 and Oracle Road, offering easy access to major transportation arteries. The property sits on 0.42 acres of land and is zoned C-2 by the City of Tucson, within the Central submarket cluster of West Tucson in Pima County. The lease rate is $14.50 per square foot, with a modified gross lease structure where tenants are responsible for pro-rated electrical costs and in-suite janitorial services. This presents a compelling opportunity for businesses seeking a well-located, spacious, and adaptable office environment in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,645,197

  6.5%

  $1,518,644

  7%

  $1,410,169

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,581,299

  Geo Method

  $1,581,299

• Alternative Use

  Use

  Valuation

  Residential

  $1,883,118

  Hospitality

  $1,724,926

  Educational

  $1,435,118

  Medical

  $1,484,474

  Retail

  $2,232,406

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.2644

Longitude

-110.977

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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