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1400 W Valencia Rd 9,400 SF 100% Leased Office Building Tucson, AZ 85746 $2,100,000 ($223.40/SF) 7.76% Cap Rate
INVESTMENT HIGHLIGHTS
- Office Investment Sale
- 2 Quality Tenants
EXECUTIVE SUMMARY
Ross Brown Partners is pleased to bring this investment/sale opportunity to the market. The property is currently occupied by two quality tenants that have been in place for years. Both of these tenants have thriving practices and get extraordinary benefit from the convenient location of this asset together with its excellent ingress/egress!
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Office
Property Subtype
Medical
Building Size
9,400 SF
Building Class
B
Year Built
1987
Price
$2,100,000
Price Per SF
$223.40
Cap Rate
7.76%
NOI
$163,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,400 SF
Building FAR
0.62
Lot Size
0.35 AC
Zoning
R-4, Tucson
Parking
66 Spaces (7.02 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
ABOUT 1400 W VALENCIA RD , TUCSON, AZ 85746
+/- 9,400 SF Medical Office, 2 Suites Office Investment Sale Built in 1987 66 Parking Spaces Zoning: R-4, Tucson Less than 1 Mile to I-19 Traffic Count W Valencia: 48,554 West, 47,773 East Tenants: LabCorp, Paloma Medical Group Pediatrics Estimated 2025 NOI: $163,000
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PROPERTY TAXES
| Parcel Number | 137-27-058C | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $86,097 |
PROPERTY TAXES
Parcel Number
137-27-058C
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$86,097
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1400 W Valencia Rd
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