Tucson, AZ 85743
$2,000,000
Property Type:
Commercial
Square Footage:
8,540
Lot Size (sq. ft.):
52
Status:
Closed
Current Price:
$2,000,000
List Date:
7/17/2016
Last Modified:
12/09/2024
Description
Cap Rate 7.0. New retail development on Twin Peaks Rd.two tenants- NNN Leases(tenant pays all expenses- taxes,ins, etc.). Off Tucson's newest interchange- Twin Peaks Road, Great location.Twin Peaks Rd. now connects the two largest planned communities in Northwest Tucson. There are only two tenants for ease of management.Closest Retail Center to Tucson's new premium outlet Mall.
More Information MLS# 21619692
Address Information
Country: USA
State/Province: AZ
Zip Code: 85743
County: Pima
Location, Tax & Legal
Tax Year: 2015
Taxes: 22333.95
Assessments: 0
Legal Description: Twin peaks Retail Center lot 2
Municipality/Zoning: Marana - CB1
Fire Protection: None
Tax Code: 226 11 8900
Area: West
Status Change Info
Off Market Date: 2017-01-10
Sold Price/SqFt: 234.19
Lot Sz Sold Prc/SqFt: 48.57
Financing: Cash
Pending Date: 2017-01-10
Sold Date: 2017-02-15
Sold Price: $2,000,000
Showing Information
Directions: I-10 to Twin Peaks exit, west to address
General Property Information
Property Sub-Type: Retail
# Units: 2
Lot Dimensions: See Survey
Lot Acres: 0.95
Lot Sqft: 41181
Lot Size Source: Other
Source of SqFt: Assessor
List Price/SqFt: 251.26
Lot Size Price/SqFt: 52.1
Year Built: 2009
Combined SqFt: 8540
Electric
3 Phase Power: No
Amps: 200
Master Meter: No
Income
Total Expenses: 0
Gross Scheduled Rent: 150201.48
Net Opp Income: 150201.48
Construction
Masonry Stucco: 1
Expenses
Admin Expenses: 0
Captial Expenses: 0
Contract Services: 0
Figures Presented: Actual
Gas/Electric: 0
Insurance: 0
Maintenance Supplies: 0
Management: 0
Resident Manager: 0
Taxes/Assessments: 0
Water/Sewer: 0
Other Expenses: 0
Sewer
Connected: 1
Water
Public: 1
Property Features
A.D.A. Compliant: Yes
Phase 1 Report: Yes
Main Cooling
Central Air: 1
Main Heating
Heat Pump: 1
Terms
Cash: 1
Sold Info
Seller Concessions: 0
Property Disclosures
Unknown: 1
Contract Information
Current Price: $2,000,000
Sold Price: $2,000,000
Listing Date: 2016-07-17
Status: Closed
Analysis
Cap Rate %: 7
Property Features
Construction: Masonry Stucco
Main Cooling: Central Air
Main Heating: Heat Pump
Sewer: Connected
Water: Public
Terms: Cash
Property Disclosures: Unknown
Documents
Flyer ›Listing Office: Advisors in Real Estate, Inc.
Last Updated: December - 09 - 2024
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