2450 N Jackrabbit Ave

2,750 SF Industrial Building Tucson, AZ 85745 $725,000 ($263.64/SF) 6% Cap Rate

INVESTMENT HIGHLIGHTS

  • Located within close proximity with easy access to Grant Road and I-10.
  • Currently fully leased-Contact listing broker for occupancy date options
  • Plenty of additional land allows for additional uses and storage.

EXECUTIVE SUMMARY

Great investment opportunity for an industrial/commercial location near I-10 and Grant Road. This warehouse/Distribution. Was once used as refrigerated cold storage property. Currently fully leased. Contact listing broker for occupancy date options.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $57,228 $20.81
Other Income - -
Vacancy Loss - -
Effective Gross Income $57,228 $20.81
Taxes $5,000 $1.82
Operating Expenses $3,600 $1.31
Total Expenses $8,600 $3.13
Net Operating Income $48,628 $17.68

PROPERTY FACTS

Price $725,000
Price Per SF $263.64
Sale Type Investment
Cap Rate 6%
Property Type Industrial
Property Subtype
Distribution
  • Industrial Warehouse
  • Industrial Service
  • FlexLight Distribution
Building Class C
Lot Size 0.96 AC
Rentable Building Area 2,750 SF
No. Stories 1
Year Built 1972
Tenancy Single
Parking Ratio 9.09/1,000 SF
No. Dock-High Doors/Loading 1
Opportunity Zone Yes

AMENITIES

  • Cooler
  • Fenced Lot

UTILITIES

  • Lighting
  • Gas - Natural
  • Water
  • Sewer
  • Heating
Bike Score®
Very Bikeable (75)

PROPERTY TAXES

ZONING

Zoning Code I-1, Tucson (I-1, Tucson)
  • Listing ID: 33170624

  • Date on Market: 9/13/2024

  • Last Updated:

  • Address: 2450 N Jackrabbit Ave, Tucson, AZ 85745