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3038 E Fort Lowell Rd

3,704 SF 100% Leased Office Building Tucson, AZ 85716 $1,200,000 ($324/SF) 5.03% Cap Rate

Investment Highlights

  • Freestanding Building
  • 2/3 (appx) of Building Occupied by Tenants w/ One-Year Leases with 30-day notice
  • Furniture, Art & Fixtures Remain
  • Class A Building
  • 1/3 (appx) of Building vacant - Owner User for 13 years
  • Centrally Located

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
3,704 SF
Building Class
B
Year Built
2010
Price
$1,200,000
Price Per SF
$324
Cap Rate
5.03%
NOI
$60,348
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,704 SF
Building FAR
0.28
Lot Size
0.31 AC
Zoning
C-1 - retail, office, executive offices
Parking
23 Spaces (6.21 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Property Manager on Site
Walk Score ®
Very Walkable (73)
Bike Score ®
Biker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
112-04-370H
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$71,568
  • Listing ID: 27614103

  • Date on Market: 1/27/2023

  • Last Updated:

  • Address: 3038 E Fort Lowell Rd, Tucson, AZ 85716

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