Multi – Tenant Investment Property For Sale
710-736 E 46th StreetTUCSON, AZ 85713
CONFIDENTIAL OFFERING MEMORANDUM
PICOR Commercial Real Estate
1100 N. Wilmot, Suite 200
Tucson, AZ 85712
+1 520 748 7100
picor.com
Ron ZimmermanCommercial Properties
+1 520 546 2755
+1 520 248 0427
Multi-Tenant Investment Property for Sale
706-736 E. 46th StreetTucson, AZ 85745
Max Fisher
Commercial Properties
+1 520 546.2709
+1 520 465.9989
Stephen Cohen
Principal, Industrial Properties
+1 520 546.2750
5151 E Broadway Blvd., Ste. 115
Tucson, AZ 85712
+1 520 748 7100
picor.com
2Cushman & Wakefield | PICOR
Independently Owned and Operated / A Member of the Cushman & Wakefield AllianceCushman & Wakefield Copyright 2020. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
25,673 SFRENTABLE BUILDING AREA
$44PRICE PER SQUARE FOOT
$1,125,000PRICE
100%OCCUPANCY
1.63ACRES
The second-largest city in Arizona and the county seat of Pima County, Tucson
neighbors the towns of Marana, Oro Valley, Catalina, South Tucson, Sahuarita,
Vail, and Green Valley.
Tucson is home to the University of Arizona-established as Arizona's first universityin 1885, and now a campus of 50,000 students and staff from around the world.
Tucson, Arizona, grew out of the opportunities and cultural crossings of the Old
West. Today, a destination for nearly 7 million visitors a year; a place known for
outstanding hiking and outdoor adventures, rich cultural traditions, a vibrant arts
scene, world-class golf, great dining; and a thriving desert home to more than
1 million residents.
City of Tucson
9.23%CAP RATE
Tax Parcel 132-15-0103
Land Size 71,189 SF (1.63 Acres)
Zoning I-1, Industrial
Property Features
Executive Summary
3Cushman & Wakefield | PICOR
Independently Owned and Operated / A Member of the Cushman & Wakefield AllianceCushman & Wakefield Copyright 2020. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
For more information, please contact one of
the following individuals:
Cash Flow
Gross Income $169,328
Vacancy (3%) $5,080
Operating Income $164,248
Total Expenses $60,464
NOI $103,784
Cap Rate 9.23%
Price $1,125,000
Price per SF $44
Max Fisher
Commercial Properties
+1 520 546.2709
+1 520 465.9989
5151 E Broadway Blvd., Ste. 115
Tucson, AZ 85712
+1 520 748 7100
picor.com
Stephen Cohen
Principal, Industrial Properties
+1 520 546.2750
Financials
4Cushman & Wakefield | PICOR
Independently Owned and Operated / A Member of the Cushman & Wakefield AllianceCushman & Wakefield Copyright 2020. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Industrial Suites
Rent Roll
Suite Tenant Sq. Ft.*Original
Occupancy
706 ESP Chemicals 2,685 05/01/2007
710 Julio Lopez 1,160 01/01/2019
712 & 716 The Drop Dance Studio 3,885 04/01/2011
718 Donut Peddler 1,240 01/15/2017
720 PPEP 4,070 07/01/2019
722 Allison Limousine 6,470 05/01/2017
728 & 734 Skyline Components 2,119 11/01/2011
730 6Litr Crypto, LLC 636 02/01/2018
732 PPEP 1,262 08/01/2016
736 Igesia de la Gran Comision 2,146 01/01/2010
*Square footages listed are based on current Lease Agreements
5Cushman & Wakefield | PICOR
Independently Owned and Operated / A Member of the Cushman & Wakefield AllianceCushman & Wakefield Copyright 2020. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
706-736 E 46th St
Aerial
6Cushman & Wakefield | PICOR
Independently Owned and Operated / A Member of the Cushman & Wakefield AllianceCushman & Wakefield Copyright 2020. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
6Cushman & Wakefield | PICOR
E 36th St
W Veteran’s BlvdS
6th
Ave
S 1
2th
Ave
W Michigan Dr
S P
ark
Ave
at The Bridges
The
Bridges
Gateway
Industrial
Park
706-736 E 46th St
Gateway–Ajo
Business
Park
Tucson
Business
Park
Park
Avenue
Industrial
Center
Ajo Way
S P
ark
Ave
City of Tucson
General
Services
Department