Address
5501 N Oracle Road, Tucson, AZ
Price
$ 1,850,000
Property Attributes
  • ID#22326185
  • TypeContingent
  • CountyPIMA
  • CityTucson
  • AreaNorth
  • Zip85704
  • StyleOffice
  • Year Built1979
  • Taxes$ 42803
  • Price$ 1,850,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage15975
  • Lot Size1.75 Acres
Data Source:
Multiple Listing Service of Southern Arizona
Property Description

Oracle Office Plaza is a fully leased multi tenant office property located along the busy artery of Oracle Rd. Most tenants are service providers, requiring in person contact with clients to faciliate their business. They include a physical therapist, dentist, medical aesthetics, beauty services, insurance provider, lender, and medical infusions. Being a multi tenant property, the risk of vacancy is spread across the nine tenants, with recent five year renewals and other tenants on longer leases. Landlord has made improvements to the vacant spaces to attract tenants and stabilise the property. A property manager has been installed and could remain for those investors who prefer to be hands off.

General Features

Sewer Connected
Construction Frame - Stucco
Roof Built-Up
Parking Free
Water City
Water Heater Natural Gas
Gas Y/N Natural
Status Active Contingent
Year Built 1979
County Pima
Construction Status Existing
Assessments 0.00
Property Type D
Terms Cash
Lot Sqft 76230.00
Number of Units 9
Development Name Oracle Office Plaza
Tax Year 2023
Property SubType Office
Contingent Active Contingent
Municipality/Zoning Pima County - TR
Short Sale No
Days on Market 129
Property Features Conference Room
Area North
Building Sq Ft 15975.00
Directions From River and Oracle,head north. Turn left onto Kanmar Pl. Entry to property is immediately on your left.
City Tucson
Taxes 42803.78
Geo Lat 32.306312
Street Name Oracle
Unit Information: Special Purpose Religious Facility
Unit Information: Office Office Building
Unit Information: Health Care Dental
Property Features: A.D.A. Compliant Unknown
Accessibility Option Ramped Main Level
Geo Lon -110.979163
Legal Description E150' S508' M/L N1009.02' PTN NE4 NE4 WNEW HWY 1.75 AC SEC 14-13-13

Interior Features

Fire Protection None
List Price/SqFt 115.81
Main Heating Forced Air,Heat Pump
Main Cooling Central Air

Exterior Features

Total Parking 85
Road Type Chip/Seal
Lot Size Source Assessor
Traffic Count 15,001 to 35,000
Lot Size Irregular
Lot Acres 1.75
Fenced Storage No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 85704

Price
AVG $570K
$1.85M
Taxes
AVG $4,312
$42,803
Visits
AVG 23
130
Data Provided by Inside Real Estate®
Year Built
AVG 1984
1979