10110 N Oracle Road, Oro Valley, AZ 85737 (MLS# 2513048)

10110 N Oracle Road, Oro Valley, AZ 85737

$2,360,000
Property Type: Commercial Square Footage: 6,525 Lot Size (sq. ft.): 68 Status: Closed
Current Price: $2,360,000 List Date: 5/14/2005 Last Modified: 10/25/2024

Description

BRAND NEW Property leased to 5 Tenants for $165,275 NNN annual net operating income with 4 TENANTS with 3% annual increases-1 at 2%. 6.9 CAP rate Also see MLS# 2513041,MLS# 2513043,MLS# 2513044-In Escrow.

More Information MLS# 2513048

Address Information

Country: USA Street #: 10110 Direction: N Street Name: Oracle Suffix: Road State/Province: AZ Zip Code: 85737 County: Pima

Location, Tax & Legal

Tax Year: 2004 Taxes: 1762 Assessments: 175 Legal Description: San Jose Plaza Lot 6 Municipality/Zoning: Oro Valley - C2 Fire Protection: None Tax Code: 224-31-01704 Area: Northwest

Status Change Info

Off Market Date: 2005-10-07 Sold Price/SqFt: 361.68 Lot Sz Sold Prc/SqFt: 67.25 Financing: Conventional Pending Date: 2005-05-20 Sold Date: 2005-10-07 Sold Price: $2,360,000

Showing Information

Directions: North on Oracle road to address

General Property Information

Property Sub-Type: Retail # Units: 5 Lot Dimensions: 200x175 Lot Acres: 0.81 Lot Sqft: 35089 Lot Size Source: Owner Source of SqFt: Owner List Price/SqFt: 367.82 Lot Size Price/SqFt: 68.39 Year Built: 2005 Combined SqFt: 6525

Electric

3 Phase Power: Yes Amps: 1000 Master Meter: Yes

Income

Adjusted Gross: 165275 Gross Scheduled Rent: 165275 Net Opp Income: 165275

Analysis

Gross Rent Multi: 14.52 Cap Rate %: 6.88

Construction

Frame - Stucco: 1

Expenses

Figures Presented: Actual

Sewer

Connected: 1

Water

Water Company: Oro Valley

Property Features

A.D.A. Compliant: Yes Phase 1 Report: Yes

Main Cooling

Zoned: 1

Main Heating

Heat Pump: 1

Terms

Cash: 1

Property Disclosures

Unknown: 1

Contract Information

Current Price: $2,360,000 Sold Price: $2,360,000 Listing Date: 2005-05-14 Status: Closed

Remarks Misc

Geo Lat: 32.389953 Geo Lon: -110.963211

Property Features

Construction: Frame - Stucco Main Cooling: Zoned Main Heating: Heat Pump Sewer: Connected Terms: Cash Property Disclosures: Unknown
Listing Office: Advisors in Real Estate, Inc.
Last Updated: October - 25 - 2024
10110 N Oracle Road, Oro Valley, AZ 85737- MLS# 2513048
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