4566 N 1st Ave - Medical CONDO FOR SALE


Tucson, AZ 85718- Catalina Foothills
$1,050,000 USD
602-615-6810
4566 N 1st Ave, Tucson, AZ for Sale
$1,050,000 USD
Medical CONDO - FOR SALE
1/6
null | 11.77% Cap Rate

4566 N 1st Ave
Tucson, AZ 85718
Catalina Foothills


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$301 USD /SF

CAP RATE

11.77%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

7,659 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

51

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,650 SF

ZONING

C-2, Tucson

APN/PARCEL ID

108-19-2700,108-19-2710,108-19-2720,108-19-2730,108-19-2740,108-19-2750,108-19-2760

ASK ABOUT THIS PROPERTY

Bob BroylesColliersMore Info
602-615-6810

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Bob BroylesColliersMore Info
602-615-6810

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