J.G. Plaza Storefront Retail/Office (5975 Western Way, Tucson, AZ)

5975 Western Way
Tucson, AZ 85713
United States

Sale Price (Total)
$1,800,000.00
Lease Price
$14.00 Per SF
Lease Type
Modified Gross
Property Type  Retail
For Sale / Lease
For Lease
Building Type
Retail
Submarket Region
West Tucson
Parcel #
212-23-762D
Building Size
4136 SF
Land Size
1.37 AC
Zoning
CB-2 - Pima County
Submarket
West Tucson

Description
Location Features
- Captive Surrounding residential community
- Excellent existing monument sign with additional building signage
- Signalized intersection - entrance into Tucson Estates
- CB-2 zoning, Pima County

Investment Highlights
- Multi-Tenant Investment
- Property is located at the NWC of Kinney Road and Western Way Circle, - the entrance to Tucson Estates
- Strategic Location – Directly adjacent Tucson Estates which is a well-established 1665 lot manufactured home community situated on the edge of the saguaro-studded Tucson Mountain Park just 15 minutes from downtown Tucson Arizona.
- Current NOI - Low price per square foot investment property with excellent cash flow based on current income
- Tremendous NOI Growth – With the lease-up of vacant space, the re-leasing of below-market rent suites as leases expire, embedded rent increases and stabilized tenancy will all contribute to the growth of Net Operating Income.
- High Historical Occupancy – 79% occupancy level, 67% of center is leased to tenants operating at the property for 10+ years.
Features
Advertiser
Tucson Realty & Trust
Sarah Phillips
333 N Wilmot Rd
Tucson AZ 85711
United States

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