Tucson Industrial Property with
3648 East Ajo Way Tucson, AZ 85713
For Sale
$7,675,000
61,427 SF industrial building with showroom for sale.
Property Size61,427 SF
Lot Size4.56 Acres
Price / SF$124.95
Days on Market123
Property Features for 3648 East Ajo Way
General Information
- Standard status
- Active
- Size
- 61,427 SF
- Lot size
- 4.56 Acres
- Property subtype
- Industrial
Listing Agency:
CBRE | Tucson
(520) 271-3601
Listed By:
Jackson Kraft
(520) 271-3601
Source:
Cbre
Added: Mar 25
Changed: Jul 6
Last Checked: Jul 6 at 12:34PM
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.
This industrial property features a building size of approximately 61,427 square feet, including an air-conditioned showroom of approximately 11,200 square feet. The property is equipped with an ESFR (Early Suppression Fast Response Fire System). It has heavy industrial 3-Phase power, 3 grade-level loading doors, and 10 dock-high loading doors. The clear height is 24 feet, with a ledger height of 27 feet. There are 74 paved parking spaces, with graded land available for additional parking. The property includes a paved and fenced yard area with excess land. The zoning is CI-1, Industrial. The property is a corner lot with a traffic signal. It is located approximately 1.5 miles from the E Ajo Way/I-10 interchange and less than 5 minutes from Davis Monthan, Kino Sports Complex, and The Bridges. The intersection of Ajo Way and Palo Verde has a traffic count of approximately 53,907 vehicles per day. The land size is approximately 198,510 square feet.
Key Highlights
- Heavy industrial 3‑Phase power
- ±61,427 SF building with ±11,200 SF air‑conditioned showroom
- ESFR (Early Suppression Fast Response Fire System)
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 | $552.8k | $9.00 |
| − Vacancy | −$24.9k | −$0.41 |
| EGI | $528.0k | $8.59 |
| − OpEx | −$79.2k | −$1.29 |
| NOI | $448.8k | $7.31 |
61,427 SF · lease $9.00/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Retail
$11.57M
$10.12M – $13.50M
NOI $809,996 @ 7.0% cap · market cap 10.55%
Second Best
Warehouse
$6.41M
$5.61M – $7.48M
NOI $448,770 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$15.04M
$13.16M – $17.54M
NOI $1,052,613 @ 7.0% cap · market cap 13.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hunter Delivery Services
Trucking Company
Copenhagen Service and Clearance ...
Furniture & Home Goods
Plutus Motor Group
Car Dealership
Similar Off Market Nearby
- R S Management — 4725 S Contractors Way, Tucson, AZ 85714
- A-Alpha Self Storage Facility — 4015 E Tennessee St, Tucson, AZ 85714
- Xcel Delivery Services — 3770 S Broadmont Dr, Tucson, AZ 85713
- Arizona Storage Rental Inc — 4415 s contractors way, tucson, az 85714
- Hooch's Storage & Impound LLC — 3113 E 45th St, Tucson, AZ 85713
FAQs
What type of property is this?
Warehouse - 61,427 SF industrial building with showroom for sale.
Where is this warehouse located?
The property is located at 3648 East Ajo Way Tucson, AZ.
What is the asking price?
The asking price for this property is $7,675,000.
What are key features of this property?
This property features: Heavy industrial 3‑Phase power; **±61,427 SF building** with **±11,200 SF air‑conditioned showroom**; ESFR (Early Suppression Fast Response Fire System)