2425 N Huachuca Drive, Tucson, AZ 85745

$1,300,000
Property Type: Commercial Square Footage: 26,560 Lot Size (sq. ft.): 20 Status: Closed
Current Price: $1,300,000 List Date: 5/16/2005 Last Modified: 10/25/2024

Overview

Description

Desirable location just off of I-10. Very flexible space-interior walls can be reconfigured. Vacant space is built out as office. Roof is new. 1.6 acres of I1. 6 roll ups and one dock. Both leases are true NNN. Loan is assumable. Loan fully ammortize and pays out in 2019. Adjust every 5 years 250 basis points over the 5 year TBill. Income is actual except 4900 SF of vacant NNN reimbrusement in 04 was $45,000.

Listing Details MLS# 2512832

Address Information

Street #
2425
Direction
N
Street Name
Huachuca
Suffix
Drive
State/Province
AZ
Zip Code
85745
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
107-03-1480
Area
West
Tax Year
2005
Taxes
27693
Assessments
0
Legal Description
Lot 28 Grant Road Industrial Park
Municipality/Zoning
Tucson - I1
Fire Protection
Included in Taxes

General Property Information

Property Sub-Type
Industrial
# Units
3
Year Built
1972
Lot Dimensions
200x347x200x347
Lot Acres
1.6
Lot Sqft
69514
Lot Size Source
Assessor
Combined SqFt
26560
Source of SqFt
Owner
List Price/SqFt
52.71
Lot Size Price/SqFt
20.13

Property Features

Expenses: CAM in Rent Construction: Slump Block Main Cooling: Evaporative Cooling; Zoned Main Heating: Forced Air; Natural Gas Sewer: Connected Water: Public Terms: Cash; Conventional; Submit Property Disclosures: Unknown

Status Change Info

Off Market Date
2005-10-11
Pending Date
2005-06-13
Sold Date
2005-10-11
Sold Price/SqFt
48.94
Lot Sz Sold Prc/SqFt
18.7
Financing
Conventional

More Information

Showing Information

Directions
West on Grant Road from I-10 to Huachuca then North to address

Income

Gross Scheduled Rent
114385
Vacancy Loss
9151
Other Income
75012
Adjusted Gross
180246
Total Expenses
75012
Net Opp Income
105234

Analysis

Cap Rate %
7.51
Gross Rent Multi
7.76
Vacancy Rate %
8
Exp/SqFt
2.82
Exp % of Gross
41.61

Expenses

Admin Expenses
2261
Figures Presented
Proforma
Gas/Electric
11813
Insurance
5631
Maintenance Supplies
16594
Taxes/Assessments
27693
Other Expenses
11020
CAM in Rent
Yes

Property Features

# Grade Doors
6
A.D.A. Compliant
No
Phase 1 Report
No

Space Information

# Dock
Yes

Electric

3 Phase Power
No
Master Meter
No

Construction

Slump Block
Yes

Sewer

Connected
Yes

Water

Public
Yes

Main Cooling

Evaporative Cooling
Yes
Zoned
Yes

Main Heating

Forced Air
Yes
Natural Gas
Yes

Terms

Cash
Yes
Conventional
Yes
Submit
Yes

Property Disclosures

Unknown
Yes
IDX
Listing Office: Long Realty Company
Last Updated: October - 25 - 2024
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.

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