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Office Medical

Riverside Dental

1640 E River Rd, Tucson, AZ 85718

Listing Price: $675,000

Cap Rate
7.00%
Gross SF
1,891
Rentable SF
1,891
Price/Gross SF
$356.95
Occupancy
100.0%
Year Built
2001
Lot Size
0.23 acres

Investment Overview

Marcus & Millichap is pleased to exclusively list and sell the fee simple interest in the Medical Office property located at 1640 E River Rd in Tucson, Arizona. The offering comprised of one suite consisting of approximately 1,891 total square feet on the first floor of an office condominium. The building sits on an acre of land and is located in an office park. The building is comprised of several businesses with owners and tenants on the first and second floor.

The property sits on East River Road and is minutes from Interstate 10. This suite is surrounded by residential and commercial plus is less than a mile from the Tucson Mall and North Oracle Road. The asset offers the investor an opportunity for instant cash flow with a suite that is 100% leased and a tenant that has been in practice for over 20 years. The suite is leased by MB2 Dental which offers the investor a national credit tenant. The building was completed in 2001 and is surrounded by an ideal mix of retail, other medical office space and single-family residential homes.

Investment Highlights

  • NNN Lease with 4 years remaining
  • Two Five Year Options with Rent Bumps
  • National Credit Tenant

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Office Medical

Riverside Dental

Listing Price: $675,000

Cap Rate
7.00%
Gross SF
1,891
Rentable SF
1,891
Price/Gross SF
$356.95
Occupancy
100.0%
Year Built
2001
Lot Size
0.23 acres

Investment Highlights

  • NNN Lease with 4 years remaining
  • Two Five Year Options with Rent Bumps
  • National Credit Tenant

Investment Overview

Marcus & Millichap is pleased to exclusively list and sell the fee simple interest in the Medical Office property located at 1640 E River Rd in Tucson, Arizona. The offering comprised of one suite consisting of approximately 1,891 total square feet on the first floor of an office condominium. The building sits on an acre of land and is located in an office park. The building is comprised of several businesses with owners and tenants on the first and second floor. The property sits on East River Road and is minutes from Interstate 10. This suite is surrounded by residential and commercial plus is less than a mile from the Tucson Mall and North Oracle Road. The asset offers the investor an opportunity for instant cash flow with a suite that is 100% leased and a tenant that has been in practice for over 20 years. The suite is leased by MB2 Dental which offers the investor a national credit tenant. The building was completed in 2001 and is surrounded by an ideal mix of retail, other medical office space and single-family residential homes.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

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