Foothills Center - Going Home Corner | 3965 E Foothhills Dr
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Foothills Center - Going Home Corner 3965 E Foothhills Dr
10,107 SF 92% Leased Office Building Sierra Vista, AZ 85635 $1,200,000 ($119/SF) 7.25% Cap Rate
Investment Highlights
- INCREDIBLE Location at the NE corner of Highway 92 and Foothills on the going home side of the street.
- High traffic and High Visibility
- Nearly ONE ACRE on a signalized intersection
Executive Summary
The property is located on the going home corner of Highway 92 and Foothills, a major arterial intersection with high traffic counts. The location is considered a highly desirable prime corner in Sierra Vista, AZ. The property consists of three buildings totaling 10,107 sf with ten different office suites ranging in size from 650 sf to 1950 sf. The entire parking surface is concrete with 58 spaces. The property has a right in and right out on Highway 92 and full access off Foothills.
Financial Summary (Pro forma - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
10,107 SF
Building Class
C
Year Built
1967
Price
$1,200,000
Price Per SF
$119
Cap Rate
7.25%
NOI
$87,000
Percent Leased
92%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,107 SF
Building FAR
0.23
Lot Size
0.99 AC
Zoning
GC - General Commercial
Parking
58 Spaces (5.74 Spaces per 1,000 SF Leased)
Amenities
- Central Heating
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Floor
- 845 SF
- Office
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 845 SF | Office | - | Now |
1st Floor
| Size |
| 845 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
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PROPERTY TAXES
| Parcel Number | 105-05-004 | Total Assessment | $106,550 (2024) |
| Land Assessment | $20,721 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $85,829 (2024) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Number
105-05-004
Land Assessment
$20,721 (2024)
Improvements Assessment
$85,829 (2024)
Total Assessment
$106,550 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2022
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Presented by
First West Properties Corporation
Foothills Center - Going Home Corner | 3965 E Foothhills Dr
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