Your email has been sent.
4566 N 1st Ave 3,487 SF Office Condo Unit Offered at $950,000 in Tucson, AZ 85718
PROPERTY FACTS
| Total Building Size | 7,659 SF | Typical Floor Size | 7,659 SF |
| Property Type | Office (Condo) | Year Built | 2001 |
| Property Subtype | Medical | Lot Size | 0.24 AC |
| Building Class | B | Parking Ratio | 6.66/1,000 SF |
| Floors | 1 | ||
| Zoning | C-2, Tucson - C-2, Tucson | ||
| Total Building Size | 7,659 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 7,659 SF |
| Year Built | 2001 |
| Lot Size | 0.24 AC |
| Parking Ratio | 6.66/1,000 SF |
| Zoning | C-2, Tucson - C-2, Tucson |
AMENITIES
- Bus Line
- Wheelchair Accessible
1 UNIT AVAILABLE
Unit 100
| Unit Size | 3,487 SF | Sale Type | Investment |
| Price | $950,000 | Cap Rate | 13.01% |
| Price Per SF | $272.44 | NOI | $123,630 |
| Condo Use | Office |
| Unit Size | 3,487 SF |
| Price | $950,000 |
| Price Per SF | $272.44 |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 13.01% |
| NOI | $123,630 |
SALE NOTES
The building is a single-tenant medical office with a total area of 3,487 square
feet. It features abundant at-door parking and is conveniently situated adjacent
to “The Loop,” providing ease of access for patients.
Investment Highlights
Cap Rate
9.51 %
Purchase Price
$1,050,000
Simon Med – Medical Condominium For Sale
NNN Lease Investment
National Credit Tenant: www.simonmed.com
3,487SF on .24 AC
Prime Tucson Location
Original Lease 10 Years, Commenced on 6/19/2019
Expiration Date: June 30, 2029
Current NOI: $97,017.36
Three percent (3%) Annual Increases.
Huge Capital Investment from Tenant into the Facility.
Outstanding Upscale Medical Office near Tucson Foothills.
Presented by
4566 N 1st Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.