National Veterinary Associates Clinic - 1,500+ Sites… — Sale in Tucson, AZ
- Price: Contact for price
- Listing type: For sale
- Asset type: Office
- Location: Tucson, AZ 85704
Photos
Investment Figures
- Cap rate
- 6.76%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Northwest Tucson is one of the metro area’s most stable and economically vibrant submarkets, offering a compelling mix of strong demographics, healthcare infrastructure, and continued residential and commercial growth. Located along the Oracle Road (State Route 77) corridor, the area benefits from excellent north-south connectivity and is anchored by a diverse base of medical, retail, and service-oriented businesses. The surrounding community boasts a dense residential population, with over 130,000 residents within a five-mile radius. Average household incomes in this region exceed both state and national averages, reflecting the area’s appeal to working professionals, retirees, and families alike. Continued in-migration to Tucson—particularly from California, Colorado, and other high-cost states—has further fueled demand for quality housing, medical services, and consumer amenities in this part of the city. Northwest Tucson is home to numerous major employers, including Northwest Medical Center, a 300+ bed regional hospital less than a mile away that serves as a major healthcare and employment hub. The area also features a concentration of medical and dental offices, pharmacies, and rehabilitation centers, forming a mature and growing medical services district. Nearby retail destinations include national anchors such as Walmart, Target, Sprouts, and PetSmart, providing consistent daily traffic and convenient access to goods and services. In addition to a robust retail offering, the area includes several schools, multifamily communities, and community centers that create strong weekday and weekend traffic flows. Situated near the base of the scenic Catalina Foothills, Northwest Tucson also offers high quality of life with access to parks, trails, and outdoor recreation, making it a desirable area for both residents and professionals. Ongoing infrastructure investments and a pro-growth business environment further support long-term economic and real estate stability.
Market Context
This office in Tucson, AZ is listed for sale. It is offered at an approximate 6.8% capitalization rate, a key benchmark for income-producing office assets. Compare it against other office listings for sale in Tucson, AZ — view the full market.
As of Q1 2026, the Tucson office market showed an 8.9% vacancy rate, average asking rents near $23.77/SF/yr, and rents up 18.5% year over year. Source: multiple brokerage reports, Q1 2026.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Office market FAQ
- Is the Tucson office market tightening or softening?
- Vacancy is around 8.9%, with asking rents rising year over year (Q1 2026).
Contact
- Alvin Mansour · (858) 373-3184 · alvin.mansour@marcusmillichap.com
- Jon Talia · (858) 373-3186 · jonathan.talia@marcusmillichap.com
- Ryan Sarbinoff · (602) 687-6700
- Chad O'Connor · (858) 373-3146 · chad.oconnor@marcusmillichap.com
Explore this market
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