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3655 E 2nd St 11,259 SF Office Building Tucson, AZ 85716 $3,310,000 ($293.99/SF) 8.50% Cap Rate
Investment Highlights
- Sale/Leaseback with a well-known experience operator. Selling at an 8.5% cap rate and will prepay the first years rent. Rent is $25 NNN
Executive Summary
The Tenant, Recovery in Motion, establish in 2015, is a professionally operated mental health and addiction treatment provider for individuals addressing substance use and behavioral health challenges. Recovery in Motion is considered the leader in this field in Tucson whose leadership has industry experience of over 77 years. The Tenant is selling at an 8.5% cap rate to grow operations in order to increase revenue and will prepay the first year's rent upon closing. For more detail information on the opportunity or for a tour, please call Hank Amos at 520-331-5151. THERE IS A CALL FOR OFFERS ON 4/20/26
Property Facts
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Building Size
11,259 SF
Building Class
C
Year Built
1960
Price
$3,310,000
Price Per SF
$293.99
Cap Rate
8.50%
NOI
$281,350
Tenancy
Single
Building Height
1 Story
Typical Floor Size
11,259 SF
Building FAR
0.28
Lot Size
0.91 AC
Zoning
0-3, Tucson - 0-3 = medium-intensity office zoning for office or institutional buildings, usually along major streets, but designed to still fit next to residential
Parking
45 Spaces (4 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Fenced Lot
- Security System
- Signage
- Kitchen
- Wi-Fi
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Recovery in Motion
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Recovery in Motion | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | - |
1 1
Moderately walkable
60/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 125-11-0800 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $37,872 |
Property Taxes
Parcel Number
125-11-0800
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$37,872
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3655 E 2nd St
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