Flex and Warehouse Space
1134 South Park Avenue Tucson, AZ 85719
For Sale
$838,390
Pending
Flex and warehouse spaces totaling 8,555 SF for sale.
Property Size8,555 SF
Days on Market247
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
Location Intelligence
Current Use
Similar Off Market Nearby
- Sierra Logistics — W 26th St, Tucson, AZ 85713
- Nearby Storage Units — 1120 S 6th Ave, Tucson, AZ 85701, United States
- Allied Van Lines — 601 E 24th St #100, Tucson, AZ 85713
- Assurance Relocation Systems LLC — 830 E 16th St, Tucson, AZ 85719
- AAA Old Pueblo Moving & Warehouse — 711 S Jacobus Ave Suite B, Tucson, AZ 85701
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**.
