1200 N El Dorado Place, A, Tucson, AZ 85715
$1,241,550
Property Type:
Commercial
Square Footage:
7,989
Lot Size (sq. ft.):
35
Status:
Active
Current Price:
$1,241,550
List Date:
2/26/2025
Last Modified:
2/26/2025
Description
Perfect owner/investor opportunity. Freestanding multitenant office building on its own parcel located within the gorgeous El Dorado Square gated office campus. The building has a brand new roof and HVAC systems. It is currently leased with 6 tenants and a remaining vacancy of 2418 sf perfect for an owner user to occupy or an investor to lease up and add more value.
More Information MLS# 22505687
Address Information
Apt/Unit #: A
Country: USA
Street #: 1200
Direction: N
Street Name: El Dorado
Suffix: Place
State/Province: AZ
Zip Code: 85715
County: Pima
Location, Tax & Legal
Tax Year: 2024
Taxes: 8320.61
Assessments: 62448
Taxes For: Building & Land
Legal Description: EL DORADO SQUARE LOT 1
Development Name: El Dorado Square
Municipality/Zoning: Tucson - C1
Fire Protection: Included in Taxes
Tax Code: 133146610
Area: East
Contract Information
Method of Title: Fee (Simple)
Short Sale: No
Current Price: $1,241,550
List Price: $1,241,550
Listing Date: 2025-01-30
Status: Active
General Property Information
Property Sub-Type: Professional/Office
Construction Status: Existing
# Units: 7
Lot Dimensions: 224x120.5
Lot Acres: 0.63
Total Parking: 40
Lot Sqft: 35056
Multi-Tenant: Yes
Lot Size Source: Assessor
Source of SqFt: Assessor
Leasable SqFt: 7989
List Price/SqFt: 155.41
Lot Size Price/SqFt: 35.42
Year Built: 1981
Combined SqFt: 7989
Electric
Electric Company: TEP
Analysis
Vacancy Rate %: 30
Construction
Frame - Stucco: 1
Expenses
Other Expenses: 54011
Unit Information
Office: Office Building
Roof
Tile: 1
Water
Public: 1
Fence
Block: 1
Road Type
Paved: 1
Pavers: 1
Lot Features
Subdivided: 1
Main Cooling
Central Air: 1
Main Heating
Heat Pump: 1
Terms
Cash: 1
Conventional: 1
Accessibility Option
Entry: 1
Landscape - Front
Grass: 1
Sprinkler/Drip: 1
Trees: 1
Landscape - Rear
Grass: 1
Sprinkler/Drip: 1
Trees: 1
Parking
Paved Parking: 1
Other: 260 PARKING SPOTS
Business Location
Office/Professional: 1
Possession
Immediate: 1
Restrictions
CC&R: 1
Deed: 1
Property Disclosures
Floor Plan: 1
Leases: 1
Marketing Package Available: 1
Seller Prop Disclosure: 1
Site Plan: 1
Surveyed Plat: 1
Special Conditions
None: 1
Remarks Misc
Geo Lat: 32.238056
Geo Lon: -110.857273
Income
Gross Scheduled Rent: 97520
Net Opp Income: 43509
Property Features
Construction: Frame - Stucco
Roof: Tile
Main Cooling: Central Air
Main Heating: Heat Pump
Water: Public
Accessibility Option: Entry
Fence: Block
Landscape - Front: Grass; Sprinkler/Drip; Trees
Landscape - Rear: Grass; Sprinkler/Drip; Trees
Road Type: Paved; Pavers
Parking: Paved Parking
Lot Features: Subdivided
Business Location: Office/Professional
Terms: Cash; Conventional
Possession: Immediate
Property Disclosures: Floor Plan; Leases; Marketing Package Available; Seller Prop Disclosure; Site Plan; Surveyed Plat
Special Conditions: None
Restrictions: CC&R; Deed
Listing Office: Larsen Baker, LLC
Last Updated: February - 26 - 2025
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