2424 Wyatt DrTucson, AZ 85712

  • Parking lots & garages
  • 183,240 SF
For Lease
$38.50/SF/YR View listing

Property Details for 2424 Wyatt Dr

Year built
1993
Construction
FRAME
Lot size
4.19 AC
Property size (Sq ft)
183,240 SF
Property type
Parking lots & garages
APN
110-12-0950
APU
110120950

Description

This exceptional Class A medical office building, located at 2424 N. Wyatt Drive in Tucson, Arizona, presents a rare opportunity for lease. The entire 23,886 square foot building is currently vacant and available for immediate occupancy. The property is ideally suited for a single large tenant or can be divided to accommodate multiple tenants. Two contiguous spaces are available, ranging from a minimum of 11,871 square feet to a maximum of 12,805 square feet. The building boasts abundant parking, conveniently located in an adjacent three-level garage, ensuring ample space for patients, staff, and visitors. Situated in Pima County, with a zip code of 85712, this property offers excellent accessibility and visibility. The building's classification as Class A signifies its high-quality construction, modern amenities, and desirable location. This is a prime opportunity to establish or expand a medical practice in a thriving Tucson community. The property is ready for immediate occupancy, allowing for a swift and efficient transition for new tenants. Interested parties are encouraged to inquire promptly to secure this exceptional medical office space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $46,633,164
    6.5%
    $43,046,000
    7%
    $39,971,284
  • Comparable approach

    Method
    Valuation
    Relative Method
    $76,837,664
    Geo Method
    $76,837,664
  • Alternative Use

    Use
    Valuation
    Residential
    $36,310,912
    Hospitality
    $33,260,598
    Educational
    $27,672,428
    Medical
    $28,624,126
    Retail
    $43,046,000

Location Insight

City
Tucson
County
Pima
State
Arizona
Latitude
32.2514
Longitude
-110.881
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
$149,031
$229,969
$1,482,252
$1,712,221
-
$1,277,605
$8,234,731
$9,512,336

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