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1402 E Benson Highway - B, Tucson, AZ

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1402 E Benson Highway - B

Tucson, AZ 85714 - South Tucson Ret Submarket

(1.1 MB)

Property Type:Retail Sub Type:Auto Repair Status:Existing Year Built:1975
Building Size:15,207 SF Land Area:3.22 AC (140,263 SF)
For Sale Price:$1,350,000 Price/SF:$88.77
Cap Rate:11.85 %
Parking:30 Surface spaces are available; Ratio of 2.68/1,000 SF
Features:Bus Line, Pylon Sign, Signage

Property Description: Industrial Zoned Garage/Auto Repair

Property Use Description: Industrial Zoned Garage/Auto Repair

Sale Notes:

Property Features
The property is located on Benson Highway with immediate visibility from the I-10 Freeway.
The property is located in a very active industrial complex area at the approximate midpoint between Tucson International Airport and downtown Tucson (about 7 minutes from both).
In-place Stable, Long-Term Tenant for approximately 20 years
The tenant is subject to a newly signed five-year triple-net lease that provides for a 5-year extension option.
Immediate Investment Returns.
New ALTA Land Survey
New Phase I Environmental Site Assessment “Clean”.

Cushman & Wakefield|PICOR
Ronald E Zimmerman
(520) 248-0427

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