3430 Sunrise DrTucson, AZ 85718

  • Office properties
  • 21,293 SF
For Lease
$29/SF/YR View listing

Property Details for 3430 Sunrise Dr

Year built
1998
Construction
FRAME
Lot size
2.35 AC
Property size (Sq ft)
21,293 SF
Property type
Office properties
APN
108-12-014G
APU
10812014G

Description

This exceptional Class A office building, located at 3430 E Sunrise Dr in Tucson, Arizona's desirable Foothills submarket, offers a unique leasing opportunity. The property, built in 1989 and extensively renovated in 2021, boasts a total of 42,250 square feet across two stories within a single building. The space is ideal for businesses seeking executive or creative office environments, with multiple suites available. Minimum leasable space is 3,550 square feet, with a maximum contiguous space of 4,935 square feet. Currently, 12,408 square feet is vacant. The building features convenient covered parking and a single electric elevator for easy access. Tenancy is multiple, allowing for flexibility in lease terms and space configuration. Located in Pima County, with a zip code of 85718, this property benefits from its prime location and offers ground floor signage opportunities. High-speed fiber optic service is available, ensuring seamless connectivity for modern businesses. This is a rare opportunity to secure premium office space in a highly sought-after area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,912,330
    6.5%
    $3,611,390
    7%
    $3,353,430
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,543,160
    Geo Method
    $3,543,160
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $7,183,400
    Retail / Commercial
    $3,669,240
    Mixed-Use / Specialty
    $3,644,830
    Hospitality / Lodging
    $2,659,350
    Institutional / Educational
    $3,785,110
    Residential Income
    $4,428,580
    Multifamily
    $5,374,180
    Automotive / Energy
    $3,244,380
    Parking / Income-Based Land
    $1,130,780
    Restaurant / Food Service
    $1,871,540
    Healthcare / Senior Housing
    $3,749,320

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.3206
Longitude
-110.921
CBSA code
46060
CBSA name
TUCSON, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$119,075
$147,489
$977,943
$1,125,432
-
$819,384
$5,433,016
$6,252,400

FAQs

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