1225 W Miracle Mile, Tucson, AZ
Warehouse with fenced yard, roll-up doors, and I-10 access.
- Added:
- Apr 24, 2024
- Days on Market:
- 789
- Last Refresh:
- May 20 at 8:07 pm
Property Features for 1225 W Miracle Mile
General Information
- Standard status
- Active
- Size
- 10,750 SF
- Lot size
- 0.86 Acres
- Property subtype
- INDUSTRIAL
Listing agent Joey Castillo License #SA687979000 (520) 495-2234
Listing office Volk Company Commercial Real Estate (520) 495-2234
Listing date Apr 24, 2024
Source Moodyscre
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 Volk Company Commercial Real Estate
HighLights
- Great access to I‑10 and Oracle
- Large roll up doors
- 3‑phase power available
- Perfect for storage, warehouse, distribution, automotive, and more
- Fenced yards
- Grade loading
Overview
Local 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 | $117.4k | $10.92 |
| − Vacancy | −$6.1k | −$0.57 |
| EGI | $111.3k | $10.35 |
| − OpEx | −$16.7k | −$1.55 |
| NOI | $94.6k | $8.80 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- RightSpace Self Storage — 2850 N Tuttle Ave, Tucson, AZ 85705
- CubeSmart Self Storage — 2424 N Oracle Rd, Tucson, AZ 85705
- Tucson Monthly Parking — 321 W Alturas St, Tucson, AZ 85705
- Neighbor Monthly Parking — 321 W Alturas St, Tucson, AZ 85705
- Tax Storage Units — 2490 N Oracle Rd, Tucson, AZ 85705
Location Insight
- Map
- Local Demand
- City
- Tucson
- County
- Pima
- State
- Arizona
- Longitude
- -110.993
- Latitude
- 32.2603