450 E Irvington Rd - Warehouse FOR SALE


Tucson, AZ 85714- Sunnyside
$5,989,000 USD
407-406-3187
450 E Irvington Rd, Tucson, AZ for Sale
$5,989,000 USD
Warehouse - FOR SALE
1/6
null | 6% Cap Rate

450 E Irvington Rd
Tucson, AZ 85714
Sunnyside


HIGHLIGHTS

  • 5-Year Lease with Strong National Tenant: Lease Commenced Dec. 2023 with US LBM Holdings, LLC, a building materials distributor with 400+ locations
  • Long-Standing Site History The property has been a lumber yard for 50 years. Originally built by Georgia Pacific in 1974
  • Main Warehouse Roof and Storage Sheds Replaced in 2024 to the tune of $699,946. 20-Year Material Warranty
  • Recent Capital Improvements: an updated rail spur, LED Lighting, and new roofs. Tenant paid for upgrades to electrical, plumbing systems & more
  • Functional Warehouse Layout with 8 Wide Grade-Level Roll-up Doors. Dock High Loading area with access to Rail Cars, 4 Grade-Level Doors, and a Ramp
  • 10.93 Acre Parcel: Ample Laydown Yard Paved, Fenced, Gated | Virtually all the Acreage is Usable | Zoned (I-1) Light Industrial

OVERVIEW

Preferred Real Estate Brokers is pleased to present an exclusive opportunity to purchase a US LBM Industrial Investment property located in Tucson, AZ. This is a single-tenant industrial investment property with outdoor storage, 100% leased to US LBM, a building material distribution company with over 400 locations nationwide. The Main Warehouse is 45,012 SF on 10.93 Acres zoned Light Industrial. There is ample outdoor storage space and an active rail spur. The site is located on a busy thoroughfare, only 1 mile from the I-10 entrance ramp, and 4 miles to the Tucson International Airport.

FOR SALE DETAILS

PRICE

$5,989,000 USD

PRICE/SF

$133 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holderness Building Supplies

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

UTILITIES

-

CLEAR CEILING HT

30 Ft

DOCKS

1

DRIVE INS

6

PARKING SPACES

20

LAND DETAILS

LAND ACRES

10.94

LAND SF

476,355

ZONING

I-1, Tucson

APN/PARCEL ID

137-02-001D

ASK ABOUT THIS PROPERTY

Mark WilliamsPreferred Real Estate BrokersMore Info
407-406-3187

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Mark WilliamsPreferred Real Estate BrokersMore Info
407-406-3187

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.