Skip to main content

Office

Thurber Executive Suites

437 W Thurber Rd, Tucson, AZ 85705

Listing Price: $680,000

Cap Rate
7.56%
Gross SF
5,222
Rentable SF
2,990
Price/Gross SF
$130.22
Lot Size
0.69 acres
Year Built
1999

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Thurber Executive Suites, a freestanding multi-tenant office investment in the heart of West Tucson. Situated in between the I-10 and the AZ-77, this 5,233 SF property features a highly functional, 100% leased garden-style executive office space with elegant Spanish interior finishes befitting of its environment. The building's 18 suites are home to a number of local law firms, integrative medical and therapeutic practices, and other small businesses, and has a history of being fully occupied, with some of the tenants residing in this space for upwards of 15 years. The asset experienced one of its most profitable years during the pandemic, which allows new investors the opportunity to acquire an excellent cash-flowing investment with competitive returns and a long-standing history of high occupancy.

Investment Highlights

  • Highly functional executive office space with a stylish Southwestern interior within the West Tucson submarket
  • 100% leased cash flowing garden-style office with diverse, long-standing tenant base
  • Property filled multiple vacancies within weeks during the pandemic and had one of its most profitable years in its 18 years of ownership
  • Located directly off of the base of Oracle Road, an arterial vein essential to occupational travel in Tucson
  • Easy access to the I-10 and the AZ-77

Exclusively Listed By

Listing Price: $680,000

Cap Rate
7.56%
Gross SF
5,222
Rentable SF
2,990
Price/Gross SF
$130.22
Lot Size
0.69 acres
Year Built
1999

Investment Highlights

  • Highly functional executive office space with a stylish Southwestern interior within the West Tucson submarket
  • 100% leased cash flowing garden-style office with diverse, long-standing tenant base
  • Property filled multiple vacancies within weeks during the pandemic and had one of its most profitable years in its 18 years of ownership
  • Located directly off of the base of Oracle Road, an arterial vein essential to occupational travel in Tucson
  • Easy access to the I-10 and the AZ-77

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Thurber Executive Suites, a freestanding multi-tenant office investment in the heart of West Tucson. Situated in between the I-10 and the AZ-77, this 5,233 SF property features a highly functional, 100% leased garden-style executive office space with elegant Spanish interior finishes befitting of its environment. The building's 18 suites are home to a number of local law firms, integrative medical and therapeutic practices, and other small businesses, and has a history of being fully occupied, with some of the tenants residing in this space for upwards of 15 years. The asset experienced one of its most profitable years during the pandemic, which allows new investors the opportunity to acquire an excellent cash-flowing investment with competitive returns and a long-standing history of high occupancy.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower