990 S Cherry Ave
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990 S Cherry Ave
21,518 SF Industrial Building Tucson, AZ 85719 $2,150,000 ($100/SF)
Investment Highlights
- 1200A 3-Phase Power
- Secured Yard / Parking Area with motorized entrance gate
- Phase I (including asbestos and lead-based paint testing) and ALTA Surveys completed December 2023
- Dock and Grade Loading
- Two (2) new 25-ton high-efficiency HVAC units installed in 2023 ($200,000+ cost)
- Located in a Federal Opportunity Zone
Executive Summary
Landmark Central Tucson industrial building available directly adjacent to Downtown Tucson, and in close-proximity to the University of Arizona, Interstate 10, and the Aviation Corridor.
Property Facts
| Price | $2,150,000 | No. Stories | 1 |
| Price Per SF | $100 | Year Built | 1961 |
| Sale Type | Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.93/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 16’ |
| Building Class | C | No. Dock-High Doors/Loading | 4 |
| Lot Size | 0.94 AC | No. Drive In / Grade-Level Doors | 2 |
| Rentable Building Area | 21,518 SF | Opportunity Zone |
Yes
|
| Price | $2,150,000 |
| Price Per SF | $100 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.94 AC |
| Rentable Building Area | 21,518 SF |
| No. Stories | 1 |
| Year Built | 1961 |
| Tenancy | Single |
| Parking Ratio | 0.93/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
Amenities
- Fenced Lot
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Bike Score®
Very Bikeable (86)
PROPERTY TAXES
| Parcel Number | 124-18-121A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $116,283 |
PROPERTY TAXES
Parcel Number
124-18-121A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$116,283
zoning
| Zoning Code | I-1, Tucson |
| I-1, Tucson |
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990 S Cherry Ave
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