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Browse More Listings in Office For Sale, Tucson, AZ or Arizona

Office Property For Sale

Broadmoor Center

151-181 S. Tucson Blvd., Tucson, AZ 85716

Price:
$2,150,000
Building Size:
21,000 SF
Price/SF:
$102.38
Property Type:
Office
Property Sub-type:
Office Building
Property Use Type:
Investment
Cap Rate:
9.58%
Occupancy:
100%
No. Stories:
2
Tenancy:
Multiple
Lot Size:
19,559 SF
Find Out More...

Last Verified 11/11/2009 Listing ID 15593731

Highlights

Fully leased multi-tenant property
Great location along the Broadway Corridor

Price Reduced

Description

This asset provides an investor with an excellent opportunity through multi-tenant commercial ownership at well below replacement value. Property has a strong leasing history and Commercial zoning lends property to wide variety of users. Low maintenance landscaping. Elevator renovated in 1999 and a new roof in 2007.

Broadmoor Center is a two story, multi-tenant property that is conveniently located along the Broadway Corridor on a bus route and is easily accessible to both the University of Arizona and the Downtown Business District. Located in Tucson Enterprise zone.

Financial Summary

Major Tenant Information

Actual
Net Operating Income
$201,240

Map of 151-181 S. Tucson Blvd., Tucson, AZ 85716 (Pima County)

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Created 3/3/2008

Additional Information for 151 S Tucson Boulevard, Tucson, AZ 85716

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 2 Historic Listings
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 151-181 S. Tucson Blvd., Tucson, AZ 85716

Nearby Office properties for saleSearch all commercial real estate for sale

Broadway/Country Club Office
$3,500,000
23,026 SF
Broadmoor Executive Center
$179,640 - $778,880
1,182 - 4,868 SF

Nearby Office properties for leaseSearch all commercial real estate for lease

600 S. Country Club
$17.00/SF/Year
5,000 - 15,673 SF
2500-2510 E 6th Street & 432-454 N Tucson Blvd.
$0/SF/Month
Fully Leased
Broadmoor Executive Center
$14.00 - $18.00/SF/Year
1,000 - 4,868 SF
2424 E. Broadway Blvd.
$17.00/SF/Year
600 - 1,400 SF
2221 E Broadway Blvd
$16.00/SF/Year
519 - 1,945 SF

Nearby Recently Sold Office propertiesSearch all recently sold commercial real estate

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Sold 2Q 2007
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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Tenant		Lease Expired
University of Arizona Research Office
Arizona Department of Juvenile Services
Special Events Linens
Allstate Imaging
Prestige Dental Studio

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Office Property For Sale - Broadmoor Center

151-181 S. Tucson Blvd., Tucson, AZ, 85716