Tucson, AZ 85743
$2,000,000
Property Type:
Commercial
Square Footage:
8,540
Lot Size (sq. ft.):
41,181
Status:
Closed
Current Price:
$2,000,000
List Date:
7/17/2016
Last Modified:
12/09/2024
Description
Cap Rate 7.0. New retail development on Twin Peaks Rd.two tenants- NNN Leases(tenant pays all expenses- taxes,ins, etc.). Off Tucson's newest interchange- Twin Peaks Road, Great location.Twin Peaks Rd. now connects the two largest planned communities in Northwest Tucson. There are only two tenants for ease of management.Closest Retail Center to Tucson's new premium outlet Mall.
More Information MLS# 21619692
Address Information
State/Province: AZ
Zip Code: 85743
County: Pima
Country: USA
Location Tax Legal
Tax Code: 226 11 8900
Area: West
Contract Information
Current Price: $2,000,000
Sold Price: $2,000,000
Listing Date: 2016-07-17
Status: Closed
Status Change Info
Off Market Date: 2017-01-10
Pending Date: 2017-01-10
Sold Date: 2017-02-15
Sold Price: $2,000,000
Sold Price/SqFt: 234.19
Lot Sz Sold Prc/SqFt: 48.57
Financing: Cash
General Property Information
Property Sub-Type: Retail
# Units: 2
Year Built: 2009
Lot Dimensions: See Survey
Lot Acres: 0.95
Lot Sqft: 41181
Lot Size Source: Other
Combined SqFt: 8540
Source of SqFt: Assessor
List Price/SqFt: 251.26
Lot Size Price/SqFt: 52.1
Showing Information
Directions: I-10 to Twin Peaks exit, west to address
Income
Gross Scheduled Rent: 150201.48
Net Opp Income: 150201.48
Analysis
Cap Rate %: 7
Expenses
Figures Presented: Actual
Property Features
A.D.A. Compliant: Yes
Phase 1 Report: Yes
Electric
3 Phase Power: No
Amps: 200
Master Meter: No
Property Features
Construction: Masonry Stucco
Main Cooling: Central Air
Main Heating: Heat Pump
Sewer: Connected
Water: Public
Terms: Cash
Property Disclosures: Unknown
Documents
Flyer ›Listing Office: Advisors in Real Estate, Inc.
Last Updated: December - 09 - 2024
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