1575 E River Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1575 E River Rd
10,000 SF Vacant Office Building Tucson, AZ 85718 $2,300,000 ($230/SF) 10% Cap Rate
Investment Highlights
- 10% CAP increasing to 11.1% Cap thru 2029.
- Tierra Right Of Way Services is on a 10-year NNN lease ends 7/31/29
- Convenient access - 52 parking spaces (12 covered & reserved)
- Exceptional 5.09% assumable mortgage of ±$900,000
- Outstanding River Road visibility & signage
Executive Summary
10,000 SF Two-Story Professional Office. Outstanding investor or 1031 purchase opportunity.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Building Size
10,000 SF
Building Class
B
Year Built
2001
Price
$2,300,000
Price Per SF
$230
Cap Rate
10%
NOI
$230,000
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,000 SF
Slab To Slab
11’
Building FAR
0.79
Lot Size
0.29 AC
Zoning
O-3 - O-3
Parking
66 Spaces (6.6 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Central Heating
- Air Conditioning
- Smoke Detector
1 of 1
PROPERTY TAXES
| Parcel Number | 108-18-024H | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $299,273 |
PROPERTY TAXES
Parcel Number
108-18-024H
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$299,273
1 of 2
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
1575 E River Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.