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1185 Circulo Mercado 3,247 SF 100% Leased Retail Building Rio Rico, AZ 85648 $800,000 ($246.38/SF) 7.50% Cap Rate
Investment Highlights
- 2 tenants currently occupying the building
- Retail within close proximinty
Executive Summary
Seller financing may be available
Property Facts
Sale Type
Investment
Property Type
Building Size
3,247 SF
Building Class
B
Year Built
2007
Price
$800,000
Price Per SF
$246.38
Cap Rate
7.50%
NOI
$60,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.22
Lot Size
0.34 AC
Zoning
Commercial - Commercial Zoning
Frontage
58’ on Circulo Mercado
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- La Bocanita Restaurant
- Accommodation and Food Services
- -
- -
- -
- VIP Tire Service
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| La Bocanita Restaurant | Accommodation and Food Services | - | - | - | ||
| VIP Tire Service | Services | - | - | - |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 114-50-099 | Improvements Assessment | $403,597 |
| Land Assessment | $66,470 | Total Assessment | $470,067 |
Property Taxes
Parcel Number
114-50-099
Land Assessment
$66,470
Improvements Assessment
$403,597
Total Assessment
$470,067
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
1185 Circulo Mercado