1279 W Frontage Road, Rio Rico, AZ 85648
$3,100,000
Property Type:
Commercial
Square Footage:
54,210
Lot Size (sq. ft.):
176,418
Status:
Closed
Current Price:
$3,100,000
List Date:
3/20/2018
Last Modified:
12/10/2024
Description
Two commercial office buildings with nine retail businesses and five mini storage building (309) individual units total retail units 318
More Information MLS# 21808029
Address Information
Street #: 1279
Direction: W
Street Name: Frontage
Suffix: Road
State/Province: AZ
Zip Code: 85648
County: Santa Cruz
Country: USA
Location Tax Legal
Tax Code: 140-03-009
Area: SCC-Rio Rico West
Contract Information
Current Price: $3,100,000
Sold Price: $3,100,000
Listing Date: 2018-03-19
Status: Closed
Method of Title: Fee (Simple)
Short Sale: No
Status Change Info
Off Market Date: 2018-03-20
Pending Date: 2018-03-20
Sold Date: 2018-05-04
Sold Price: $3,100,000
Sold Price/SqFt: 57.19
Lot Sz Sold Prc/SqFt: 17.57
Financing: Cash to Loan
General Property Information
Property Sub-Type: Professional/Office
Construction Status: Existing
# Units: 319
Total Parking: 50
Multi-Tenant: Yes
Year Built: 2005
Lot Dimensions: 300X600
Lot Acres: 4.05
Lot Sqft: 176418
Lot Size Source: Assessor
Combined SqFt: 54210
Source of SqFt: Assessor
List Price/SqFt: 67.33
Lot Size Price/SqFt: 20.69
Remarks Misc
Geo Lat: 31.488419
Geo Lon: -111.007122
Showing Information
Directions: Exit 17 to West Frontage Road to Property
Income
Gross Scheduled Rent: 413000
Adjusted Gross: 413000
Total Expenses: 145278.6
Analysis
Exp/SqFt: 2.68
Expenses
Captial Expenses: 2959
Figures Presented: Actual
Gas/Electric: 4884
Insurance: 5913
Maintenance Supplies: 18940
Management: 58800
Taxes/Assessments: 43823.6
Water/Sewer: 6151
Other Expenses: 3808
Unit Information
Office: Office Building
Retail: Retail Pad
Electric
Electric Company: Unisourse
Water
Water Company: Liberty
Landscape - Rear
Other: paved
Submit With Offer
Seller Title Company: Stewart Title
Sold Info
Est. Closing Date: 2018-06-26
Property Features
Property Features: Storage
Construction: Masonry Stucco
Roof: Metal
Main Cooling: Heat Pump
Main Heating: Heat Pump
Gas: Propane
Sewer: Connected
Security: Alarm Installed
Fence: Chain Link; Electric; Wrought Iron
Landscape - Front: Decorative Gravel; Shrubs
Road Type: Chip/Seal
Parking: Private Parking
Lot Features: East/West Exposure
Business Location: Commercial Strip
Terms: Cash; Conventional; Exchange
Possession: Recording
Submit With Offer: Earnest Check; Lender Pre-Approval; Loan Status
Property Disclosures: Seller Prop Disclosure
Special Conditions: None
Listing Office: Burns Realty Inc
Last Updated: December - 10 - 2024
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