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Modern Medical Office Space 1590 Paseo San Luis 6,816 SF Office Building Sierra Vista, AZ 85635 $1,999,000 ($293.28/SF) 4.50% Cap Rate



INVESTMENT HIGHLIGHTS
- Long term lease in place
- Well maintained building
- Plenty of parking with room for more
- Stable income opportunity
- Room on parcel to build additional building
- Centrally located
EXECUTIVE SUMMARY
INCREDIBLE INVESTMENT OPPORTUNITY!!!
Discover a well-maintained, high-quality medical building secured by a long-term lease. This property offers exceptional flexibility, with additional land available for constructing a second building while still allowing for potential parking expansion. Located in a prime area with excellent visibility, it's an outstanding opportunity for investors seeking stability, growth potential, and strong long-term value. Financial data available with signed NDA.
Discover a well-maintained, high-quality medical building secured by a long-term lease. This property offers exceptional flexibility, with additional land available for constructing a second building while still allowing for potential parking expansion. Located in a prime area with excellent visibility, it's an outstanding opportunity for investors seeking stability, growth potential, and strong long-term value. Financial data available with signed NDA.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,816 SF
Building Class
B
Year Built
2010
Price
$1,999,000
Price Per SF
$293.28
Cap Rate
4.50%
NOI
$90,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,816 SF
Building FAR
0.07
Lot Size
2.16 AC
Zoning
Commercial
Parking
50 Spaces (7.34 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Reception
- Air Conditioning
- Smoke Detector
1 1
Bike Score®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | 107-78-006 | Improvements Assessment | $107,779 |
| Land Assessment | $42,341 | Total Assessment | $150,120 |
PROPERTY TAXES
Parcel Number
107-78-006
Land Assessment
$42,341
Improvements Assessment
$107,779
Total Assessment
$150,120
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Modern Medical Office Space | 1590 Paseo San Luis
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