3870 Oracle RdTucson, AZ 85705

Property Details for 3870 Oracle Rd

Year built

1990

Construction

FRAME

Lot size

2.59 AC

Property size (Sq ft)

20,960 SF

Property type

Office properties

APN

106-02-299A

APU

10602299A

Description

This exceptional two-story office building, totaling 22,901 square feet, presents a unique investment opportunity in Tucson, Arizona. Situated at 3870 N Oracle Rd, 85705, this property boasts a prime location on a major commercial corridor, less than two miles from the Tucson Mall and with convenient access to I-10, Downtown Tucson, and the Foothills. The building, constructed in 1990, features ample parking and excellent accessibility, ensuring ease of use for tenants and visitors. High visibility is guaranteed with prominent building and monument signage. The interior offers a flexible layout, including an open floor plan complemented by private offices, and is enhanced by recently completed renovations. Elevator service is available for convenient access to both floors. The property is zoned C-2 and offers a Net Net Net (NNN) lease structure. Whether you seek a substantial office space for your business or a lucrative investment opportunity, this property offers a compelling combination of location, amenities, and potential. Mountain views add to the aesthetic appeal of this well-maintained building, making it an ideal choice for businesses seeking a prestigious and functional workspace in a thriving Tucson location. The space is divisible, with options for leasing 10,929 sq ft or the entire 22,901 sq ft.

• CAP approach

  CAP return

  Valuation

  6%

  $3,628,679

  6.5%

  $3,349,550

  7%

  $3,110,296

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,487,744

  Geo Method

  $3,487,744

• Alternative Use

  Use

  Valuation

  Residential

  $4,153,442

  Hospitality

  $3,804,530

  Educational

  $3,165,325

  Medical

  $3,274,185

  Retail

  $4,923,838

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.2772

Longitude

-110.977

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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