8387 Oracle RdOro Valley, AZ 85704

Property Details for 8387 Oracle Rd

Year built

2006

Construction

FRAME

Lot size

0.55 AC

Property size (Sq ft)

4,272 SF

Property type

Office properties

APN

225-14-3470

APU

225143470

Description

This exceptional 1,400 square foot single-tenant office space is available for lease at Plaza De Vida, located at 8387 N Oracle Rd #100, Oro Valley, AZ 85704. Situated in the Oro Valley submarket of Tucson, this traditional office space is perfect for a variety of professional uses, including medical practices. The single-story building features a functional layout already built out with a reception area and multiple private offices, ready for immediate occupancy. Electric power is provided, and ample common parking is available within the business complex. The property benefits from excellent visibility, with signage permitted and visible from Oracle Road. A three-year lease is preferred. The monthly rent is $3,000. This location offers convenient access to both Oro Valley and Tucson, and a neighboring real estate office provides a strong professional environment. The property is located at the border of Oro Valley and Tucson, offering the best of both locations. This is a fantastic opportunity to secure a well-appointed office space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $659,406

  6.5%

  $608,682

  7%

  $565,205

• Comparable approach

  Method

  Valuation

  Relative Method

  $710,861

  Geo Method

  $710,861

• Alternative Use

  Use

  Valuation

  Residential

  $754,766

  Hospitality

  $691,361

  Educational

  $575,205

  Medical

  $594,987

  Retail

  $894,763

Location Insight

City

Tucson

County

Pima

State

Arizona

Latitude

32.3588

Longitude

-110.973

CBSA code

46060

CBSA name

TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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