8950 N. Oracle Rd

Single-Tenant NNN Office Building

100% Occupied by Simpleview, a Subsidiary of Granicus

8950 N. Oracle Rd

41,134 SF Class A Corporate HQ

This is an exceptional opportunity to acquire a single-tenant NNN office building located in Oro Valley, AZ, fully leased to Simpleview, a leading software company wholly owned by Granicus, Inc. Granicus is majority-owned by Vista Equity Partners and Harvest Partners, providing additional financial strength and stability.

The property is offered for $11,250,000 at a cap rate of 7.31%, with a net operating income of $822,277. The lease rate is currently $19.64 per square foot, with annual rent increases of 3%, ensuring steady income growth over the lease term, which runs until May 31, 2032.

The property features 41,134 rentable square feet, providing a price of $273.48 per square foot, making this an attractive investment opportunity for a high-credit tenant with a long-term lease in place.