Flex and Warehouse Space
For Sale
$838,390
Pending
1134 South Park Avenue, Tucson, AZ 85719
Flex and warehouse spaces totaling 8,555 SF for sale.
Property Size8,555 SF
Days on Market256
Property Features for 1134 South Park Avenue
General Information
Standard status
Pending
Size
8,555 SF
Property subtype
Office
Listing Agency:
CBRE - Tucson
(520) 323-5151
Listed By:
Buzz Isaacson · License #AZSA518757000
(520) 323-5151
Source:
Cbre
Added: Nov 22, 2025
Changed: Jul 10
Last Checked: Jul 23 at 7:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Tucson
Investment Insights
Based on property information with market context.
Located at 1128-1134 S. Park Ave, this property offers approximately 3,239 square feet of flex space and approximately 5,316 square feet of warehouse space, totaling approximately 8,555 square feet. The property is zoned C-3 (City of Tucson) for the flex space and I-1 (City of Tucson) for the warehouse space.
Key Highlights
- Total of ±8,555 SF available, suitable for various business needs.
- Sale Price of $838,390 ($90/SF) represents a potentially attractive investment.
- Includes both Flex (±3,239 SF) and Warehouse (±5,316 SF) spaces.
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.4k | $10.92 |
| − Vacancy | −$4.9k | −$0.57 |
| EGI | $88.6k | $10.35 |
| − OpEx | −$13.3k | −$1.55 |
| NOI | $75.3k | $8.80 |
8,555 SF · lease $10.92/SF/yr · vacancy 5.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.08M
$941.0K – $1.25M
NOI $75,278 @ 7.0% cap · market cap 8.98%
Second Best
Industrial
$885.6K
$774.9K – $1.03M
NOI $61,994 @ 7.0% cap · market cap 7.39%
Theoretical Best
Office A
$2.22M
$1.94M – $2.59M
NOI $155,567 @ 7.0% cap · market cap 18.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,176
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85719, AZ
46,242
Population
21,707
Households
2.1
Avg Household Size
27
Median Age
46%
College-Educated
93%
High-School Grad
8.0 sq mi
ZIP Area
5,780
Density / Sq Mi
$41,086
Median Household Income
$17,430
Median Earnings
$1,051
Median Rent
$266,900
Median Home Value
Market
Properties on Market for Warehouses in Tucson
Vacancy Rate% for Industrial in Tucson, AZ
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Flex and warehouse spaces totaling 8,555 SF for sale.
Where is this warehouse located?
The property is located at 1134 South Park Avenue Tucson, AZ.
What is the asking price?
The asking price for this property is $838,390.
What are key features of this property?
This property features: Total of ±8,555 SF available, suitable for various business needs.; Sale Price of $838,390 ($90/SF) represents a potentially attractive investment.; Includes both **Flex (±3,239 SF)** and **Warehouse (±5,316 SF) spaces**.
