6700 S Pella Dr, Tucson, AZ 85746
Distribution center with immediate access to I-19 and major routes.
- Added:
- Aug 10, 2017
- Days on Market:
- 3244
- Last Refresh:
- Mar 16 at 12:50 pm
Property Features for 6700 S Pella Dr
General Information
- Standard status
- Active
- Size
- 263,937 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1989
Listing office Cushman & Wakefield PICOR Commercial Real Estate Services - Tucson, Arizona
Listing date Aug 10, 2017
Source Crexi
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HighLights
- Immediate access to I‑19 for easy commuting.
- Located just 0.9 miles from I‑19.
- Easy access to Valencia Road, a major thoroughfare.
- Strategic location for distribution, within a one‑day truck drive to multiple ports and cities.
- Convenient access to Tucson International Airport.
- Built in 1989.
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 | $2.69M | $10.20 |
| − Vacancy | −$140.0k | −$0.53 |
| EGI | $2.55M | $9.67 |
| − OpEx | −$382.8k | −$1.45 |
| NOI | $2.17M | $8.22 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tucson
- County
- Pima
- State
- Arizona
- Longitude
- -111.0014738
- Latitude
- 32.1301387