4805-4897 E Speedway Boulevard, Tucson, AZ 85712

$3,500,000
Property Type: Commercial Square Footage: 44,653 Lot Size (sq. ft.): 52 Status: Closed
Current Price: $3,500,000 List Date: 12/05/2023 Last Modified: 12/23/2024

Overview

Description

Pinecrest Shopping Center is located on Speedway Blvd, a major east/west artery in central Tucson. Entire center has excellent signage exposure. Heavy traffic volume area at 34,101 cars per day. All leases full triple net (NNN). 7.5% CAP. Pro-Forma is 8.5% CAP. Current NOI $292.788.

Listing Details MLS# 22326187

Address Information

Street #
4805-4897
Direction
E
Street Name
Speedway
Suffix
Boulevard
State/Province
AZ
Zip Code
85712
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
121-11-3250
Area
Central
Tax Year
2023
Taxes
61578.21
Assessments
0
Legal Description
Pinecrest Lot 9 Blk 4
Municipality/Zoning
Tucson - C2
Fire Protection
Included in Taxes
FEMA Flood Zone
No
Municipal Flood Zone
No

General Property Information

Property Sub-Type
Retail
Multi-Tenant
Yes
Year Built
1955
Lot Dimensions
Irreg.
Lot Acres
1.72
Lot Sqft
74802
Lot Size Source
Appraiser
Combined SqFt
44653
Source of SqFt
Owner
List Price/SqFt
87.34
Lot Size Price/SqFt
52.14

Property Features

Construction: Brick Roof: Built-Up Sewer: Connected Water: Public Road Type: Paved Parking: Public Parking Business Location: Commercial Strip Terms: Cash; Conventional Property Disclosures: Appraisal; Leases

Contract Information

Short Sale
No

Status Change Info

Off Market Date
2023-12-11
Pending Date
2024-01-31
Sold Date
2024-01-31
Sold Price/SqFt
78.38
Lot Sz Sold Prc/SqFt
46.79
Financing
Cash

More Information

Showing Information

Directions
From Speedway Blvd and Swan RD, proceed east to 4805-4897 E Speedway Blvd on the north side of the street.

Electric

Electric Company
TEP

Construction

Brick
Yes

Sewer

Connected
Yes

Roof

Built-Up
Yes

Water

Public
Yes

Road Type

Paved
Yes

Terms

Cash
Yes
Conventional
Yes

Sold Info

Seller Concessions
0

Parking

Public Parking
Yes

Business Location

Commercial Strip
Yes

Property Disclosures

Appraisal
Yes
Leases
Yes
IDX
Listing Office: Goldsmith Real Estate
Last Updated: December - 23 - 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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