990 E 17th St
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990 E 17th St
4,349 SF 100% Leased Office Building Tucson, AZ 85719 $1,299,000 ($299/SF) 8.37% Cap Rate
Investment Highlights
- 100% tenant occupancy, Two (2) 5-year leases with annual rent escalation of 3%
- Solar-powered and climate-adaptive building systems
- Located in an opportunity zone
- Comprehensive renovation completed in 2023, distinctive, award-winning contemporary design
- Electric vehicle charging facilities available on premises
- Conveniently situated near the University of Arizona, Downtown Tucson, and the Tucson International Airport
Executive Summary
Comprehensive renovation completed in 2023 with distinctive, award-winning contemporary design.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
4,349 SF
Building Class
B
Year Built/Renovated
1979/2009
Price
$1,299,000
Price Per SF
$299
Cap Rate
8.37%
NOI
$108,684
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,349 SF
Building FAR
0.24
Land Acres
0.42 AC
Opportunity Zone
Yes
Zoning
C-3, City of Tucson
Parking
16 Spaces (3.68 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Courtyard
- Fenced Lot
- Skylights
- Kitchen
- Car Charging Station
- Central Heating
- High Ceilings
- Natural Light
- Partitioned Offices
- Reception
- Fire Pits
- Air Conditioning
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Bike Score ®
Biker's Paradise (93)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $0 | |
Land Assessment | $0 | Total Assessment | $69,137 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$69,137
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990 E 17th St
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